Even if you’re holding a short at a high level, the floating loss can still narrow—MU’s trade really can hold up, the liquidation line is still far off, and both bulls and bears are watching the show.

CryptoWorld News: The unrealized loss on high-position short trader MU’s short positions has narrowed from $58.883M (-113.64%) to $48.75M (-62.52%). The current coin price is $1,126.70, the liquidation price is $1,608.84, and the position size is $15.6172M. MU previously was the largest short in the ZEC crypto market; in the recent period, he preferred placing high-position short positions in the U.S. stock market, earning more than $48 million in profit over the past six months.