A trader went short on ETH and suffered a rebound liquidation, losing $6.66 million
2026-10-19 08:50:21
CoinMeta data: According to on-chain analyst Yu Jin, a trader went short on 13,830 ETH at $2,366 last night at 11 p.m., with a value of $32.72 million. This morning at 7:30 a.m., ETH rebounded to $2,409, resulting in the liquidation of 2,765 of their ETH, resulting in a loss of $6.66 million. Currently, this account still holds 11,061 ETH, valued at $26.64 million. The liquidation price for the long position was $2,419, which is only $9 below the current price.
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Source:Internet
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