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Home News A certain leveraged trader’s $60 million short position was liquidated this morning, turning a maximum paper profit of $24 million into $4 million.

A certain leveraged trader's $60 million short position was liquidated this morning, turning a maximum paper profit of $24 million into $4 million.

A certain leveraged trader’s $60 million short position was liquidated this morning, turning a maximum paper profit of $24 million into $4 million.

BlockBeats News, January 24th, according to EmberCN monitoring, at 1 am this morning, Bitcoin briefly broke through $91,000, and Ethereum briefly broke through $3,000. The market anomaly once again liquidated the short position of the “Deleveraging Trader 0xD83…Fd7”, with the liquidation totaling approximately $60 million.

Currently, the value of shorts at this address has dropped from $300 million to the current $238 million, and the unrealized profit has decreased from a high of $24 million two days ago to about $4 million now.

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