Ether Short Worth $26.64 Million Faces $2,419 Liquidation Price
Photo: TokenPost
An unidentified whale's Ether (ETH) short position was valued at $26.64 million after a rebound to $2,409 led to a partial liquidation. The remaining position had a liquidation price of $2,419. The short was opened at $2,366 and involved 13,830 ETH, worth $32.72 million. During the rebound, 2,765 ETH valued at $6.66 million were forcibly liquidated. A short position is structured to gain if an asset's price falls. A liquidation closes a position under an exchange's trading rules. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
