This whale still dares to add 3x leverage at $1505, with a liquidation line pushed down to $1280. Do they truly believe ETH can't fall further, or are they gambling with their life? In a day and a half, they lost $128 million, and my wallet is trembling.

ETH2.59%
View Original
CoinNetwork
Crypto World Network News, according to on-chain analyst Yu Yan's monitoring, a whale continued to buy ETH with 28 million USDT (approximately 78k USD) when ETH dropped to $1505 at 1 PM. In a day and a half, the whale borrowed $128 million with 3x leverage, accumulating a total of 78k ETH at an average price of $1645. Currently, the liquidation prices for its two loan positions are $1356 and $1280.
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned