A perpetual trader shorted 510 BTC, with short positions reaching $200 million.

Foresight News reported, according to Ember monitoring, a certain perpetual trader chased a short position of 510 BTC (worth approximately $47.3 million) during the drop at 7:00 am (UTC+8), expanding their short position to $200 million. Currently, the trader's BTC short position is only $1,600 away from the liquidation price, and the ETH short position is only $56 away from the liquidation price.