Data: "Long 4,500 ETH" whale is less than $40 away from liquidation, with a position size of $10.4 million

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Mars Finance News, according to Hyperinsight monitoring, among the on-chain long positions exceeding ten million, the one with the greatest liquidation pressure is a “long 4,500 ETH” whale. The liquidation line for their ETH long position is at $2,273, only about $39 above the current price, making it the whale with the highest liquidation pressure among those holding over ten million on-chain. It is reported that this address opened a 25x leveraged ETH long position last Monday, then continuously rolled over the position for a week, and today added another 500 ETH. The current position size has reached 4,500 ETH, approximately $10.4 million, with an average entry price of $2,337. Earlier this morning, this position was briefly in over $400k profit, but as the market sharply reversed, the unrealized gains were fully wiped out, and it now faces a liquidation risk.

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