A trader's short positions were liquidated this morning, valued at approximately $60 million

According to on-chain analyst Yu Jian's monitoring, at 1 AM today, BTC broke through $91,000 and ETH surpassed $3,000, causing a trader's short positions to hit the liquidation price, resulting in the liquidation of positions worth about $60 million.

The value of the trader's short positions decreased from $300 million to $238 million, with floating profits dropping from a peak of $24 million to less than $4 million.