The "Air Force Commander" faces a $17 million monthly fund withdrawal, along with consecutive forced liquidations totaling $120 million.

According to market information, the recent sharp surge in Bitcoin (BTC) and Ethereum (ETH) prices triggered a massive forced liquidation for the address (0xd83), known as “Air Force Commander.” Within just a few hours, approximately $120 million in liquidations occurred, with the largest single liquidation reaching $38.8 million, making it the largest爆倉 event within a 24-hour period across the entire network.

Rapid Price Increase Triggers $120 Million Forced Liquidation

Currently, BTC is trading around $68,540, down 0.83% over the past 24 hours. Meanwhile, ETH is near $1,980, recording a 1.36% decline in the same period. The details of the positions held by this address are as follows:

Using 40x leverage for BTC short positions, multiple liquidations occurred during several time slots yesterday, with approximately 277.5 and 346 BTC being liquidated respectively, totaling about $55.74 million in settlements. The current remaining position size is approximately $61.42 million, with a liquidation price set at $90,150.

Continuous Losses Significantly Reduce BTC and ETH Short Positions

At the same time, ETH short positions with 25x leverage saw about 10,600 and 13,300 ETH liquidated, totaling approximately $69.95 million in losses. The current position size is around $47.9 million, with a liquidation trigger price of $3,007.

Regarding PEPE shorts, a total of $7.37 million has been liquidated, reducing the current holdings to about $4.04 million.

Over $17 Million Withdrawn Monthly, Signs of Strategy Shift

This address has a history of repeatedly rolling over positions. It once held one of the industry’s largest short positions across multiple currencies including BTC, ETH, PEPE, and XRP, with total holdings approaching $500 million.

Last month, it suffered a large liquidation of $199 million. Although it subsequently replenished positions to rebuild short exposure to about $300 million, it has recently continued to carry unrealized losses. The recent liquidation has rapidly reduced total holdings to approximately $113 million, and despite some minor replenishments, the monthly fund withdrawal has exceeded $17 million.

This trend suggests a change in this address’s capital management strategy, drawing increased attention from market participants.