A whale address shorted BTC and ETH floating losses to $8.6 million, and a margin of $8 million has been added to avoid liquidation.

According to ChainCatcher, as the market rebounds, Whale 0x5D2F's short positions in BTC and ETH have currently lost more than US$8.6 million. To avoid liquidation, he has deposited $8 million USDC to increase margin. Current short positions: 2,041 BTC (approximately US$236 million), 500 ETH (approximately US$2.25 million).