A gold short trader on a certain blockchain has been partially liquidated, with only 0.89% remaining before the next liquidation threshold.

On January 23, Hyperinsight monitoring showed that due to the continuous rise in spot gold prices last night and this morning, the on-chain trader address 0xe06… was partially liquidated this morning at around $4,960. The position size dropped from $1.46 million to $1.17 million, with the current average holding price at $4,301, liquidation price at $5,012, and an unrealized loss of about $158,000, representing a loss rate of 134%. This address has been holding a gold short position continuously since December 5 last year, and is now only about 0.89% away from the next liquidation threshold.