Whale Lending Position Liquidated Again: 6,667 ETH Wiped Out, Total Overnight Liquidations Exceed 21,798 ETH

Whale Lending Position Liquidated Again: 6,667 ETH Wiped Out, Total Overnight Liquidations Exceed 21,798 ETH

N
News Editor
2026-06-06 02:02:25
A leveraged ETH long whale was liquidated again as ETH dropped to $1,540, with 6,667 ETH cleared in one event. The total overnight liquidation for this whale has now surpassed 21,798 ETH.
ETHwhaleliquidationleveraged longon-chain data

According to on-chain data monitored by crypto analyst Ai Yi, a whale address that had borrowed to go long on ETH faced another liquidation early this morning when ETH slipped to $1,540. The liquidation swept away 6,667.13 ETH from the position, while also repaying 9.878 million USDT in borrowed funds. This brings the whale's overnight total liquidation to 21,798.13 ETH across multiple triggers.

The whale still holds 82,871.28 ETH in collateral across two addresses, but the debt remains substantial. Chain data shows that the address starting with 0xc3f still has a 51,333.58 ETH borrowing position, with a liquidation price of $1,526.91; the 0x34d address holds 31,537.7 ETH in borrowed funds, facing liquidation at $1,458.78. Should ETH continue to weaken, these remaining positions remain vulnerable to further forced closures.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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