Crypto Address Sees 13 Ether Short Liquidations Worth $43.9 Million

A crypto address's Ether (ETH) short positions were liquidated 13 times, covering 18,080 ETH valued at $43.9 million. The address lost $1.14 million. The address had been created nine days before the Oct. 28 report and deposited $1.25 million in USDC before opening the short positions. The $43.9 million figure represents the cumulative value of the liquidated positions, not the amount lost. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.