One-third of rolling trader's $332 million short positions liquidated

At 3 a.m., the rolling position trader address 0xD83...Fd7 had one-third of its $332 million short position liquidated, with unrealized profits plummeting from $24 million to $4 million, a decrease of $20 million. Due to the high leverage risk of rolling positions, the liquidation price is extremely close, and price movements in the opposite direction may lead to profit retracement or principal loss. After the liquidation, the trader has replenished part of the short position and currently holds a $266 million short position.