Whale "sat0shi777" $31.6K ETH Short Position Liquidated, Valued at $53.5 Million

Odaily reported that according to on-chain analyst Ember's monitoring, over the past half hour, whale "sat0shi777" had a short position of 31,600 ETH (valued at $53.5 million) liquidated, which also acted as fuel for ETH's rebound. After the US stock market opened at 9:30 AM, the ETH price successfully broke through its liquidation price of $1,674. This liquidated portion of ETH incurred a loss of $4.64 million. After the liquidation, a remaining ETH short position worth $38.64 million is still held, with the latest liquidation price at $1,764, approximately $50 away from the current price.