Ethereum Whale Trader "sat0shi777" Becomes Catalyst for Rally, Partially Liquidated on Nearly $90 Million Short Position

BlockBeats News, July 2nd, according to HTX market data, Ethereum rose above $1700, breaking through the liquidation price of the on-chain whale "sat0shi777" with a nearly $90 million short position. Part of their position was partially liquidated, resulting in a loss of over $4.5 million. The remaining short position is now valued at $38 million, with a remaining liquidation price of $1763, while the current price of ETH is $1716.