BlockBeats reported on Sept. 22, citing TradingBeats monitoring, that the latest liquidation map showed large clusters of potential long liquidations below current prices for BTC, ETH and ZEC. HYPE’s nearest liquidation risk, by comparison, was relatively farther away.
BTC: about $87.9 million in risk starts roughly 4.4% below spot
BTC was quoted at $85,549. TradingBeats data showed that the $81,600 to $81,800 range held about 1,080 BTC in potential long liquidations. Based on those price levels, the notional value was estimated at about $87.9 million, or roughly 4.4% to 4.6% below spot.
The most concentrated position in that band belonged to address 0xd1…9dab. Its estimated liquidation price was about $81,550.28, involving around 1,060 BTC with a notional size of about $86.23 million, accounting for most of the risk in that area.
ETH: pressure builds near $2,500, with three large longs clustered between $2,453 and $2,513
ETH was quoted at $2,731.8. The $2,500 to $2,520 range contained about 47,000 ETH in potential long liquidations, equal to roughly $118 million and sitting about 7.8% to 8.5% below the current price.
Within that zone, address 0x77…e0e9 held about 41,200 ETH in long positions. Its estimated liquidation price was about $2,512.65, corresponding to roughly $104 million.
If ETH moves lower, price would then approach two other large long positions. One belonged to Machi Big Brother, Huang Licheng, with about 31,900 ETH and an estimated liquidation price of $2,473.49, equal to about $78.9 million. The other, address 0x03…d7d9, held about 56,900 ETH with an estimated liquidation price of $2,453.10, corresponding to about $139 million.
Based on their respective estimated liquidation prices, the three positions together amounted to about 130,000 ETH, with a combined size of roughly $322 million.
ZEC: risk around $1,400 is heavily concentrated in one account
ZEC was quoted at $1,512.1. The $1,400 to $1,420 range contained about 11,800 ZEC in potential long liquidations, worth about $16.68 million and sitting around 6.1% to 7.4% below spot.
Address 0xcb…dc70 held about 10,700 ZEC in long positions, with an estimated liquidation price of about $1,412.56 and a notional size of about $15.15 million. That represented about 91% of the risk amount in this band, indicating that the area’s exposure was highly concentrated in a single account, according to the TradingBeats data cited by BlockBeats.