A whale address starting with 0x3fc opened a Bitcoin short position with a notional value of $80.28 million at an average entry price of $108,300 over the past three hours, HyperInsight data show. The position shows a floating loss exceeding 20%, with a liquidation price at $109,700. The address had previously opened long positions on BTC and SOL during a market pullback earlier today before closing them three hours ago, and has accumulated losses totaling $3.64 million over the past week.