Add as a preferred source on GoogleAn ETH Whale Had 28,720 ETH Liquidated and Added $10 Million
The trader reopened a 9,580-ETH long after adding $10 million in USDC margin. Its reported long exposure totaled about $288 million.
A large crypto trader had 28,720 Ether (ETH) liquidated after the asset fell to $2,420, then added $10 million in USDC margin and reopened a long position.
The trader reopened a long position for 9,580 ETH at $2,428, worth about $23.26 million. The earlier liquidation produced a loss of $4.48 million.
The trader’s remaining long exposure was valued at about $288 million, with an unrealized loss of $9.71 million. The position included 78,950 ETH valued at roughly $195 million, with liquidation levels ranging from $2,286 to $2,299.
It also included 1,140 Bitcoin (BTC) valued at about $93.31 million. Those positions had liquidation levels ranging from $72,198 to $74,379 as of 9:18 p.m. ET Thursday (01:18 UTC Friday).
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.