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Add as a preferred source on GoogleCrypto Whale Liquidated for 28,716 ETH Still Holds 78,955 ETH Long
The liquidation was valued at about $69.69 million, while the remaining leveraged position was worth roughly $196 million.
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A major Ether (ETH) whale was liquidated for 28,716 ETH during a market decline but continues to hold a leveraged long position of 78,955 ETH, keeping roughly $196 million in exposure to the asset.
The liquidated position was valued at about $69.69 million. The remaining long position has new liquidation prices of $2,299.09 and $2,286.28.
The liquidation reduces part of the whale’s leveraged exposure while leaving a substantially larger ETH position open.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.