A certain short whale closed another 500 BTC to avoid liquidation, with cumulative losses exceeding $1.5 million.

According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the trader who previously shorted 1,600 BTC has again closed 500 BTC (approximately $32.58 million) in short positions to avoid liquidation risk. The current remaining position is 900 BTC (approximately $58.6 million), with a new liquidation price of $64,998.73. The accumulated loss has now exceeded $1.5 million.