A whale tracked by on-chain analyst Ember was liquidated on part of its Ether position after ETH fell to $2,420 in early trading, then quickly added fresh margin and opened new longs. According to the monitoring data, the trader had previously held long positions worth $352 million. When ETH touched $2,420, a 28,720 ETH long was liquidated, resulting in a $4.48 million loss. About 30 minutes later, the whale deposited 10 million USDC as margin and reopened a long on 9,580 ETH at $2,428, a position worth $23.26 million. The address now holds long positions worth $288 million and is showing an unrealized loss of $9.71 million. The current exposure includes 78,950 ETH valued at $195 million, with liquidation prices ranging from $2,286 to $2,299, and 1,140 BTC valued at $93.31 million, with liquidation prices between $72,198 and $74,379.
Odaily reported that, according to monitoring by on-chain analyst Ember, a whale had previously held long positions worth $352 million.
When ETH fell to $2,420 in early trading, the whale’s long position of 28,720 ETH was liquidated, producing a loss of $4.48 million.
Roughly 30 minutes after the liquidation, the whale deposited 10 million USDC in margin and reopened a long on 9,580 ETH at $2,428, valued at $23.26 million.
The whale now holds long positions worth $288 million and is currently sitting on an unrealized loss of $9.71 million.
The open positions include 78,950 ETH valued at $195 million, with liquidation prices ranging from $2,286 to $2,299, and 1,140 BTC valued at $93.31 million, with liquidation prices between $72,198 and $74,379.
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