After the 1011 flash crash, large traders who opened short positions are currently facing unrealized losses approaching $74.37 million. Among them, Ethereum's single-coin unrealized loss has reached $65.44 million, with a buffer of $739.17 before reaching the liquidation price of $2084.42. From the data, this massive short position is unlikely to be unwound in the short term, and holders may need to prepare for a long-term confrontation. ETH's price volatility remains, and subsequent liquidation pressure still exists.