Techub News, citing a post from @lookonchain, reported that a wallet address is holding a long Ether position of 98,089 ETH on a derivatives trading platform, valued at about $252.3 million based on the figures provided in the report. The position carries two liquidation prices: $2,446.48 and $2,424.47. If ETH falls into that range, the position would face liquidation risk. The report did not identify the address or name the trading venue. The update focuses on the size of the position and the price levels that could trigger liquidation.
Techub News reported, citing a post by @lookonchain, that one address is holding a 98,089 ETH long position on a derivatives trading platform, worth about $252.3 million.
The position has liquidation prices of $2,446.48 and $2,424.47. If Ether drops into that range, the position would face liquidation risk.
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