A major Bitcoin holder sold 1,184.74 BTC, valued at over $90 million, to avoid liquidation during a recent price surge. The address, identified as 0x94d…33814, previously held significant short positions in BTC and ETH, totaling over $100 million. Despite adding to its position multiple times, the account has faced substantial losses, amounting to $13.221 million since April, with total losses reaching $43.806 million.