If the price of ETH reaches $1,945.18, short sellers on GMX will face liquidation of their positions
2023/06/26 09:35
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GMX data shows that the largest short seller on GMX is shorting ETH at 6.64x leverage with an entry price of $1,703.97 and a collateral value of over $1.8 million; the net loss is now over $1.33 million, a loss of 73.24%.
When the liquidity price reaches $1,945.18, its short ETH position of approximately $12 million will face liquidation.
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