A certain trader's short position has expanded to approximately $200 million, with Bitcoin's short position only $1,600 away from the liquidation price.

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Deep Tide TechFlow News, January 20 — According to on-chain analyst Ember (@EmberCN), a trader added 510 Bitcoin (approximately $47.3 million) to their short position during the market decline this morning, increasing their total short position to about $200 million.

Currently, the trader holds 1,073 Bitcoin shorts (about $100 million), with an opening price of $92,469, a liquidation price of $94,384, and an unrealized loss of $280,000; simultaneously, they hold 31,093 Ethereum shorts (about $100 million), with an opening price of $3,270, a liquidation price of $3,246, and an unrealized profit of $2.49 million.

The Bitcoin short is only $1,600 away from the liquidation price, and the Ethereum short is only $56 away from the liquidation price, facing a high risk of liquidation.

BTC-3,88%
ETH-7,14%
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