An ETH main long position was liquidated for a total of $8 million in a row, with the next liquidation price at $2,076.

BlockBeatNews · 2026-04-02T03:09:07+00:00

According to Hyperinsight monitoring, on April 2nd, a whale starting with 0x338 experienced a strong liquidation during a market decline, with a position size once reaching $21.2 million. Despite reducing 2,400 ETH to lower the liquidation price, 3,833 long positions were forcibly liquidated, totaling approximately $8.04 million in liquidations, making it the largest on-chain ETH liquidation address. Currently, it still holds $7.87 million worth of ETH long positions.

BlockBeatNews

2026-04-02 03:09:07

Abstract generation in progress

BlockBeats message, April 2, according to Hyperinsight monitoring, during the market’s short-term pullback and withdrawal, the leveraged ETH long positions held by a whale starting with 0x338, at 25x leverage, were repeatedly pressured and hit; its prior position size was $21.2 million.

During the decline, although the address proactively reduced its holdings by 2,400 ETH long positions to lower the liquidation price, it still had 3,833 long positions forcibly liquidated, with a liquidation size of approximately $8.04 million. Proactive position reduction and passive liquidation combined totaled $13.1 million, making it the largest on-chain ETH liquidation-amount address in this round.

At present, the address still holds an ETH long position worth $7.87 million, with an average entry price of $2,105, and a liquidation price of $2,076.

ETH-3.92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.