Partial Liquidations Close $4.99 Million of Trader's Bitcoin, Ether Shorts

A large trader had about $4.99 million in Bitcoin (BTC) and Ether (ETH) short positions forcibly closed Oct. 21, leaving an $18.38 million BTC short near another liquidation threshold in the observed snapshot. The forced trades closed 55.19 BTC and 153.19 ETH, equal to 20% of each position before liquidation. Together, they produced a realized trading loss of about $46,500, plus roughly $1,398 in fees. Afterward, the trader held short positions of 220.74 BTC, worth about $18.38 million, and 612.76 ETH, worth about $1.5 million.