Whale sat0shi777's Ethereum Short Liquidated 31,600 ETH for $53.5M on July 2

ETH5.41%
According to Foresight News, whale account sat0shi777's Ethereum short position was liquidated for 31,600 ETH (worth $53.5 million) in the past 30 minutes on July 2, based on monitoring by on-chain analyst Yuanjin. The ETH price broke above the liquidation level of $1,674, triggering the cascade. The liquidated position recorded a loss of $4.64 million. The whale still holds $38.64 million worth of Ethereum short positions after the partial liquidation, with a new liquidation price of $1,764.
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