BTC's largest short "Air Force Commander" position was liquidated, suffering a $120 million setback, marking the largest liquidation address across the entire network in the past 24 hours.

According to ChainCatcher reports, influenced by the short-term price rally of BTC and ETH at 16:00 and 23:00 yesterday, the “Air Force Commander” (0xd83) was liquidated again with a scale exceeding 100 million USD, totaling 120 million USD. The largest single liquidation was 38.8 million USD, the biggest single liquidation in the past 24 hours across the network. The main liquidation details of its holdings are as follows: 40x BTC short position: liquidated approximately 277.5 BTC and 346 BTC at 16:00 and 23:00 yesterday, totaling about 55.74 million USD; current position size is about 61.42 million USD, liquidation price at 90,150 USD; 25x ETH short position: liquidated approximately 10,600 ETH and 13,300 ETH during the same period, totaling about 69.95 million USD; current position size is about 47.90 million USD, liquidation price at 3,007 USD; PEPE short position: accumulated liquidation of 7.37 million USD, current position size about 4.04 million USD.

This address has previously rolled over multiple times and was once the largest short position holder in several cryptocurrencies including BTC, ETH, PEPE, XRP, with total holdings approaching 500 million USD. After experiencing a liquidation of 199 million USD on January 22, it re-entered short positions, increasing to about 300 million USD, with recent continuous losses; after this liquidation, its total holdings decreased to approximately 113 million USD, followed by slight re-accumulation, with monthly capital withdrawal exceeding 17 million USD.