A trader’s 3,728 ETH long position, valued at about $9.85 million, was fully liquidated within three minutes after Ether fell below $2,600, according to on-chain tracker Lookonchain. The update was published by Odaily as a brief market alert. The report did not identify the trader or disclose additional position details beyond the size, estimated value and liquidation window. The move highlights how quickly leveraged ETH positions can be erased once price levels break lower, though the source note itself was limited to the liquidation event and the price threshold cited by Lookonchain.
Odaily reported that, according to Lookonchain monitoring, a trader’s 3,728 ETH long position was fully liquidated within three minutes after ETH fell below $2,600. The position was valued at about $9.85 million.
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.
