Data: A short position of ETH valued at 32.72 million USD was completely liquidated, with a certain address losing 1.11 million USD in two days

According to on-chain analyst Yu Jin's monitoring, a certain address shorted 13,830 ETH with leverage at a price of $2,366, with the short position valued at $32.72 million. The address did not set a stop-loss and increased its short position yesterday when ETH pulled back to $2,387, ultimately resulting in the liquidation of all short positions after ETH rebounded last night.

Within two days, the address lost $1.11 million, with the principal dropping from $1.25 million to $140,000.