BlockBeats message, April 2, according to Hyperinsight monitoring, during the market’s short-term pullback and withdrawal, the leveraged ETH long positions held by a whale starting with 0x338, at 25x leverage, were repeatedly pressured and hit; its prior position size was $21.2 million.
During the decline, although the address proactively reduced its holdings by 2,400 ETH long positions to lower the liquidation price, it still had 3,833 long positions forcibly liquidated, with a liquidation size of approximately $8.04 million. Proactive position reduction and passive liquidation combined totaled $13.1 million, making it the largest on-chain ETH liquidation-amount address in this round.
At present, the address still holds an ETH long position worth $7.87 million, with an average entry price of $2,105, and a liquidation price of $2,076.
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