Ethereum was trading around $2,656.9 on Sept. 28, and a cluster of whale long positions sat just above their liquidation levels, according to TradingBeats. Five million-dollar long positions were worth a combined $32.129 million, with liquidation prices concentrated between $2,613.9 and $2,631.6, or roughly 0.95% to 1.62% below the current market price.
The nearest liquidation band was between $2,628.59 and $2,631.62. It covered three whale addresses — 0xb1da, 0xdbbd, and 0xd83c — with about $8.868 million in total long exposure, sitting only 0.95% to 1.07% away. Another $3.055 million long near $2,622.42, tied to address 0x0884, was about 1.30% from liquidation.
The largest single position in the group was tied to address 0xcd98. Its liquidation line stood at $2,613.89, representing about $20.205 million in longs, or 62.9% of the five-address total. The position’s average entry price was $2,656.42, nearly in line with spot, leaving it with a small unrealized profit of about $3,604 and only about $43 of room before the estimated liquidation level. By comparison, Machi Big Brother, Huang Licheng, was holding a $95 million ETH long with a liquidation price of $2,555 and an unrealized loss of $624,000.
Ethereum was trading at about $2,656.9 on Sept. 28, and five million-dollar whale long positions were sitting close to liquidation, according to TradingBeats. Their combined exposure was about $32.129 million, with liquidation prices clustered between $2,613.9 and $2,631.6, roughly 0.95% to 1.62% below the current price.
The nearest liquidation zone sits just below spot
The closest liquidation band was between $2,628.59 and $2,631.62. It covered three whale addresses — 0xb1da, 0xdbbd, and 0xd83c — with about $8.868 million in long positions. Those levels were only about 0.95% to 1.07% away from the market price.
Below that, another long position worth about $3.055 million faced liquidation near $2,622.42, around 1.30% below spot. That position was tied to address 0x0884.
The biggest single line is at $2,613.89
The largest single liquidation level in the group was at $2,613.89, linked to about $20.205 million in longs. That accounted for 62.9% of the total exposure across the five addresses. The position belonged to address 0xcd98 and sat about 1.62% below the current ETH price.
Its average entry price was $2,656.42, almost identical to spot. The position was still showing a small unrealized profit of about $3,604, with only about $43 left before the estimated liquidation line.
Machi Big Brother’s liquidation price is lower
TradingBeats also showed that Machi Big Brother, Huang Licheng, was holding a $95 million ETH long. That position had a liquidation price of $2,555 and an unrealized loss of $624,000. He had previously planned to take profit above $2,670.
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