An on-chain gold short seller was partially liquidated this morning, with only about 0.89% remaining for the next round of liquidation.

BlockBeats News, January 23rd, according to Hyperinsight monitoring, due to the continuous rise in spot gold price last night and this morning, the trader's address (0xe06...) experienced a partial liquidation at around $4960 this morning. Their position size dropped from $1.46 million to $1.17 million, with the current average position price at $4301, liquidation price at $5012, unrealized loss of about $158,000, and a loss percentage of 134%.

This address has been holding a short gold position since December 5th last year, with only about 0.89% space left to its next liquidation level.