According to on-chain analyst Ai Yi, a crypto whale who had previously profited $44.61 million from longing Ethereum (ETH) has now entirely erased those gains. The entity controls four addresses collectively holding 120,000 ETH, with a total position value of $225 million. Currently, these positions are showing an unrealized loss of $46.01 million. The liquidation price for these longs ranges from $1,355.8 to $1,573.9, and the most at-risk position is just $300 above its liquidation threshold, putting it at imminent risk of forced liquidation. In an effort to stave off liquidation, two of the addresses injected an additional $4.9 million in margin this morning. The situation highlights the intense pressure on leveraged long positions amid Ethereum's recent price swings.
ETH Whale's $44.61M Long Profit Wiped Out as 120K ETH Position Faces $46.01M Loss, Liquidation Near
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News EditorA whale that previously made $44.61 million from going long on ETH has lost all profits. Four addresses under the same entity now hold 120,000 ETH with a floating loss of $46.01 million, with the riskiest position just $300 away from liquidation, prompting a $4.9 million margin addition this morning.
whale movementEthereumlong positionliquidationAi Yi
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