BTC's largest short seller, known as the "Commander-in-Chief of the Shorts," had their position liquidated, suffering another heavy loss of $120 millions, making it the largest liquidation address across the entire network in the past 24 hours.

According to ChainCatcher, market sources report that due to the short-term surge in both BTC and ETH prices at 16:00 and 23:00 yesterday, the "Commander of the Bears" (0xd83) suffered another liquidation exceeding 100 millions, with a total amount reaching 120 million US dollars. The largest single liquidation amounted to 38.8 million US dollars, marking the largest single forced liquidation across the network in the past 24 hours. The main liquidation details of his positions are as follows: 40x BTC short positions: liquidated at around 277.5 BTC and 346 BTC at 16:00 and 23:00 yesterday, totaling approximately 55.74 million US dollars; the current position size is about 61.42 million US dollars, with a liquidation price of 90,150 US dollars; 25x ETH short positions: liquidated at around 10,600 and 13,300 ETH during the same period, totaling about 69.95 million US dollars; the current position size is about 47.9 million US dollars, with a liquidation price of 3,007 US dollars; PEPE short positions: cumulatively liquidated for 7.37 million US dollars, with the current position size about 4.04 million US dollars.

This address has previously rolled over positions multiple times and was once the largest short holder for several cryptocurrencies including BTC, ETH, PEPE, and XRP, with total positions approaching 500 million US dollars. After suffering a 199 million US dollar liquidation on January 22, he once again increased his short positions to about 300 million US dollars, but has continued to incur losses recently; after this liquidation, his total positions have dropped to about 113 million US dollars, followed by a slight increase in positions, with a monthly capital drawdown exceeding 17 million US dollars.