According to Crypto Rover, a notable whale has initiated a $119.7 million short position on Bitcoin with 40X leverage, signaling heightened bearish sentiment and increased market volatility (source: Crypto Rover on Twitter, May 4, 2025). Such a high-leverage, large-volume trade can lead to rapid price swings and potential liquidations, prompting traders to closely monitor support levels and liquidity zones. This move has triggered significant interest among derivatives traders and could influence short-term Bitcoin price action, especially on major exchanges where open interest and liquidation levels are now under scrutiny.