This whale shorted MU and lost $560k but is still holding on, with an average price of 785 now at 962, liquidation price at 1451, is it really just betting on going to zero?

Crypto World News reports that MU short positions have reduced by 809.00 coins, approximately $782,038.80, with the current position size at $3,057,154.63, an average price of $785.22, and a current profit and loss of -$562,150.08 (-31.47%). The current price is $962.14, and the liquidation price is $1,451.74. This address is short on more than 20 tokens, with a position of about $40 million, having accumulated profits exceeding $91 million. The main positions now are short on ZEC and TON.