Add as a preferred source on GoogleEthereum Whale’s $252.3M Long Positions Face Liquidation
The 98,089 ETH positions face liquidation at $2,446.48 and $2,424.47, increasing pressure around key market levels.
An Ethereum whale’s 98,089 Ether (ETH) long positions, valued at $252.3 million, face liquidation at two key price levels, raising the risk of added volatility in ETH markets.
The liquidation prices are $2,446.48 and $2,424.47. The positions would be at risk if Ether falls to those levels.
The size of the exposure makes the liquidation thresholds significant for traders monitoring leveraged positions. Forced closures can add selling pressure as exchanges close trades that no longer meet margin requirements.
The positions come as the broader crypto market shows mixed sentiment and traders track Ether’s price near the stated levels. The immediate market focus is whether ETH approaches either threshold and how leveraged positions respond.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.