🐋 $184 million BTC short positions may have been stopped out, forcing whales to exit?

On-chain monitoring shows that the contract whales "set 10 major targets" and previously stated: the BTC stop-loss level is set at $73,500, and it will be strictly enforced if touched.
And in the early hours, the market experienced a sudden surge, with BTC briefly rising to $73,790 under the influence of related geopolitical news.
If this strategy has not changed, it means:
📉 2,567.49 BTC short positions (about $184 million) have triggered stop-loss
📉 Estimated loss of about $4.99M
Currently, this whale's ETH position still exists:
38,465.22 ETH short positions
The specific stop-loss level has not been announced yet; we still need to wait for further updates.
📊 My observation:
When large-volume short positions are stopped out, it often results in passive buybacks, which is also one of the main reasons for the market's short-term rapid rally.
In high-leverage markets, prices are often driven not by news but by liquidation and stop-loss chains.
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