On-chain monitor ai_9684xtpa said an address opened high-leverage long positions yesterday in BTC, ETH, HYPE and ZEC with a combined notional value of about $101 million. The account is now showing an unrealized loss of around $1.725 million, and several positions are close to their liquidation levels.
The BTC position was opened with 30x leverage and is just $398.7 away from liquidation, with an unrealized loss of $709,000. The ETH leg used 15x leverage, is down $378,000, and sits $86.14 from liquidation. The HYPE position used 10x leverage, is down $618,000, and is $6.58 from liquidation. The ZEC position also used 10x leverage, with a floating loss of $205,000 and a liquidation distance of $38.28.
According to ChainCatcher, on-chain monitor ai_9684xtpa said an address opened high-leverage long positions yesterday in BTC, ETH, HYPE and ZEC with a combined value of about $101 million. The account is currently showing an unrealized loss of about $1.725 million, and several positions are nearing liquidation.
Position breakdown
- BTC: 30x leverage, unrealized loss of $709,000, and only $398.7 away from liquidation.
- ETH: 15x leverage, unrealized loss of $378,000, and only $86.14 away from liquidation.
- HYPE: 10x leverage, unrealized loss of $618,000, and only $6.58 away from liquidation.
- ZEC: 10x leverage, unrealized loss of $205,000, and only $38.28 away from liquidation.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
