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Whale Holds $252.3 Million Ether Position With Two Liquidation Prices

The 98,089-ETH long position faces liquidation at $2,446.48 and $2,424.47.

By Enna Lee
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Two faceted silver tokens rest at different heights on glass / TokenPost.ai
Two faceted silver tokens rest at different heights on glass / TokenPost.ai

A whale holds a 98,089 Ether (ETH) long position valued at $252.3 million, with liquidation prices set at $2,446.48 and $2,424.47.

The position details were recorded Oct. 8 at 1:32 a.m. ET (5:32 a.m. UTC). A long position reflects exposure to Ether rising, while a liquidation price is the level at which a trading platform may forcibly close the position to limit losses.

The two liquidation levels indicate separate thresholds for the whale’s Ether exposure.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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