Whale "sat0shi777" Faces Liquidation of Nearly $90 Million Ethereum Short Position, Only $16 Away from Being Liquidated

BlockBeats News, July 2nd, according to HTX market data, Ethereum rose to $1568, a more than 5.6% increase in 24 hours. The nearly $90 million Ethereum short position of on-chain whale 'sat0shi777' is facing significant liquidation risk, with a liquidation price of around $1674, only about $16 away from the current price. Whale 'sat0shi777' also holds a long position of approximately $30 million in BTC to hedge the risk, but the hedge is much smaller than the short position exposure.