Market rally triggers liquidation of $324 million in combined top three short positions.
Source:
x.com
According to Lookonchain, a rapid market rally triggered the liquidation of multiple short traders. Specifically, the 1,829 BTC short position held by address 0x8c96 was liquidated, worth approximately $120 million; the 49,808 ETH short position held by pension-usdt.eth was liquidated, valued at around $111.34 million; and the 1,343 BTC short position held by address 0x8eff was liquidated, worth approximately $92.56 million. The combined liquidation value of these three short positions totals roughly $324 million.