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Another aggressive contract trader continues to add positions. During the decline at 7 a.m., he shorted 510 BTC (approximately $47.3 million), directly pushing his short position to the $200 million level.
The risk factor has already been pushed to the limit—BTC short positions are only $1,600 away from the liquidation price, and ETH short positions are only $56 away from liquidation. In plain terms, as long as the market makes a rally, it can hit his liquidation line in minutes.
Current position: short 1073 BTC (about $100 million), average opening price $92,469, with the liquidation price now just around the corner. This kind of position management has seriously unbalanced the scale of risk and reward.