According to on-chain analyst Yu Jin, a whale who went long on $107 million worth of BTC with 40x leverage yesterday had his position liquidated during last night's sharp decline. Ultimately, his long position worth $143 million was completely liquidated, resulting in a loss of $6.3 million. However, he just used the remaining $470,000 from last night's liquidation to continue going long on BTC with 40x leverage. This $470,000 leveraged to a full $19 million position resulted in the liquidation price being only $1200 away from the current price.