PANews reported on August 7th that according to Lookonchain monitoring, when trader 0xcB92 profited $4.25 million from a short position on ETH, he did not take profits, and is now on the verge of liquidation. The current liquidation price is $3,724.15. The trader has wiped out all gains from the first three trades and is now experiencing a principal loss of $2.34 million.
Trader 0xcB92's ETH short position is on the verge of liquidation, with a total loss of approximately $2.34 million in recent transactions.
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