Add as a preferred source on Google黄立成’s Ether Long Position Comes Within $36 of Liquidation
The remaining position was valued at about $8.5 million, while account equity fell to $288,000 after weekly losses topped $11.9 million.
黄立成’s remaining Ether (ETH) long position was valued at about $8.5 million on Oct. 13 after Ether fell below $2,500, leaving the trade about $36 above its liquidation price.
The position was opened at $2,545.84, with liquidation set at $2,392.90. Ether traded at about $2,428.51, a difference of $35.61 from the liquidation level.
The account’s equity stood at $288,000, all of it used as margin for the ETH long position. Losses exceeded $11.9 million over the past week.
The position follows earlier TokenPost coverage of the trade nearing liquidation.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.