$BTC This short position is very large.

Someone opened a $28.35 million short position.
The liquidation price is at $67,494.
At the same time, they also shorted $65k worth of ETH.
This is a heavy bet on further decline.
On-chain data shows someone just opened a BTC short worth $28,359,000, with a liquidation price at $67,494; at the same time, they also shorted $14 million worth of ETH, with an ETH liquidation price at $1,938.
These kinds of positions are very critical because they are not small-scale trial positions, but simultaneous bets that both BTC and ETH will weaken further.
It indicates that this trader believes the current market rebound is insufficient, or there is still liquidity below that hasn't been swept out.
But the problem is also quite clear.
The BTC short liquidation price is at $67,494, which means if BTC reclaims $65k–$66k and continues to push upward, around $67.5k will become a danger zone for this large short.
The same applies to ETH; once the rebound approaches $1,938, it will start putting pressure on the shorts.
The most exciting part of the market right now is here:
There are still long liquidations below, and large short liquidation lines are beginning to appear above.
If the price continues to drop, shorts profit; but if BTC and ETH suddenly rebound, these big shorts could turn into a short squeeze fuel.
So this is not an ordinary short.
This puts them in the spotlight of the market.
Next, it depends whether MM first sweeps the longs below or counterattacks to squeeze these shorts.
If you want to follow this trading opportunity, just click the card below to trade 👇$ETH $MUB #XRP下跌5%至1.12美元