The former CFO of Frog Nation currently holds a $21 million short position in ETH, with the market price and liquidation price differing by less than $100

According to ChainCatcher's message, data from the on-chain analysis application Watchers shows that Frog Nation's former Chief Financial Officer 0xSifu holds an approximately $21 million short position in Ethereum on Synthetix perpetual contracts.

The current market price for Ethereum contracts is $1,833, while 0xSifu's average holding price is $1,643, resulting in an unrealized loss of nearly $2.22 million. Currently, 0xSifu still has about $1.64 million in margin to maintain this position, and if the market price continues to rise to $1,926, his position will face the risk of being liquidated.