CryptoWorld News reports that, according to HyperInsight monitoring, the whale holding 4,500 ETH is less than $40 away from liquidation, with a current position size of $10.4 million. The liquidation line for this whale’s ETH long position is at $2,273, only about $38 above the current price. This morning, the position was once floating with a profit of over $400k, but as the market sharply reversed, the unrealized gains have been fully wiped out and liquidation risk has emerged. This address opened a 25x leveraged ETH long position last Monday, then continuously rolled over the position for a week, and today added another 500 ETH, bringing the total position to 4,500 ETH, with an average entry price of $2,337.

ETH-0.62%
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