A perpetual trader's short position was liquidated this morning, with a value of approximately $60 million.

According to Odaily, on-chain analyst Yujin monitored that at 1 a.m. today, BTC broke through $91,000 and ETH surpassed $3,000, causing the short positions of a perpetual trader to hit the liquidation price, resulting in the liquidation of positions worth approximately $60 million.

The value of this trader's short positions dropped from $300 million to $238 million, and the unrealized profit fell from a peak of $24 million to less than $4 million.