A BTC short position at a single address was liquidated for approximately $15.45 million within two hours.

On Nov. 4, according to Lookonchain data, as BTC rebounded above $78,000, a specific address's BTC short position was liquidated six times over the past two hours, totaling approximately 199.83 BTC, worth roughly $15.45 million.

At the time of monitoring, the address still held a short position of approximately 70.99 BTC, valued at around $5.5 million, with a liquidation price of $78,192.79.