Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

Whale with $125m ETH long closes 36,517 ETH, losses top $38m

NewsFeeds update

A whale holding a 93,184 ETH long position closed 36,517 ETH, worth $80.6m, to avoid liquidation and still holds 56,667 ETH, worth $125m, Lookonchain data shows. The new liquidation prices are $2,122.44 and $2,129.72, and cumulative losses exceed $38m.

EthereumOdailyAIBearish

Read the original on Odaily

The story so far: Whale ETH long position losses

A whale's 93,184 ETH long, worth $214m, was losing $18.6m and the whale added $5.67m in USDC margin to avoid liquidation. The whale has since closed 36,517 ETH worth $80.6m, still holds 56,667 ETH worth $125m, and cumulative losses exceed $38m.

  1. Whale adds $5.67m margin to $214m ETH long, Lookonchain says

    Lookonchain says a whale added $5.67m in USDC margin to a 93,184 ETH long worth $214m to avoid liquidation, lowering the liquidation prices to $2,181.69 and $2,177.79. The position is $18.6m in unrealised loss and has paid $2.68m in funding.

    EthereumOdailyAIBearish

  2. Whale with $125m ETH long closes 36,517 ETH, losses top $38m

    A whale holding a 93,184 ETH long position closed 36,517 ETH, worth $80.6m, to avoid liquidation and still holds 56,667 ETH, worth $125m, Lookonchain data shows. The new liquidation prices are $2,122.44 and $2,129.72, and cumulative losses exceed $38m.

    EthereumOdailyAIBearish

More Ethereum updates

  1. Hackers linked to Binance attack move over $1bn in ETH to new wallets

    EthereumOdailyAIBearish

  2. Derek Chiang says EIP-7702 has no flaw but aided Binance attacker

    EthereumOdailyAIBearish

  3. Arbitrageur made about $3.47m in two hours during Binance attack, user says

    EthereumOdailyAIBearish

Every Ethereum update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.