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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ChainCatcher news, according to Hyperinsight monitoring, among on-chain long positions in the tens of millions, the whale with the greatest liquidation pressure is the โ€œlong 4,500 ETHโ€ whale. The liquidation line of its ETH long position sits at $2,273, only about $39 away from the current price, making it the whale with the highest liquidation pressure among those holding on-chain positions at the tens-of-millions scale.

It is reported that this address opened an ETH long position with 25x leverage last Monday. Since then, it has continuously rolled over the position for a week, and today it added another 500 ETH. Its current position size has reached 4,500 ETH, roughly 10.4 million US dollars, with an average entry cost of $2,337.

This morning, the position once had an unrealized profit of more than $400,000, but as the market quickly turned sharply downward, the unrealized profit was fully wiped out and it now faces a risk of liquidation.

ETH-0.69%
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joke
ยท 04-27 09:49
Hop on now!๐Ÿš—
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