On-chain analyst Yu Jin detected that a leveraged whale holding a large ETH position has been liquidated. The address saw 15,042 ETH forcibly sold to repay 22,150,000 USDT in debt. The sizable liquidation once again serves as a reminder of the risks of high leverage in crypto markets. Yu Jin has been tracking large on-chain transactions and whale behavior for a long time, providing real-time liquidation data. The liquidation event brought selling pressure to ETH's short-term price movement.
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