Ether (ETH) Long Trader Adds 5.67 Million USD Coin (USDC) in Margin

A trader added 5.67 million USD Coin (USDC) in margin to a 93,184 Ether (ETH) long worth about $214 million to avoid liquidation, with liquidation levels at $2,181.69 and $2,177.79. The position showed about $18.62 million in unrealized losses. The trader had paid roughly $2.68 million in funding fees. TokenPost has also covered a $397 million Bitcoin (BTC) and Ether (ETH) long book that received a $9.21 million margin addition . Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost