2.3 billion USD in funds, with a whale's ETH long position only $350 away from the liquidation price.

ETH-1,2%

Odaily Planet Daily reports that on-chain analyst Yu Yan monitored that the liquidation price for a $230 million whale holding a long position in ETH worth $600 million is at $2,290.

As ETH just dropped to $2.6K, it is only $350 away from its liquidation price.

His position is currently floating with a loss of up to $120 million.

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Comment
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GoingLongIsTheTrueFaith.vip
· 01-31 10:00
It's okay, he will make it up later; anyway, there are unlimited bullets.
View OriginalReply0
Rebirth234vip
· 01-31 09:07
Do it
View OriginalReply0