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On-chain data shows that a whale address starting with 0x94d37 just closed three large short positions established yesterday. The BTC short position was worth $118.7 million, ETH short $106.6 million, and SOL short $46.08 million. As a result of this round of operations, the account was directly liquidated for $180,000. Judging by the pace, it was definitely smashed through by a rebound. Many traders are discussing this on-chain data — such a level of liquidation either indicates overly aggressive leverage or a misjudgment of the market trend.