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Ethereum Whale’s $214M Long Sits 5% Above Its Liquidation Level as ETF Outflows Pile Up

Ethereum Whale’s $214M Long Sits 5% Above Its Liquidation Level as ETF Outflows Pile Up

Photo: Blockchain Reporter

One Ethereum wallet now carries a leveraged long of 93,184 ETH worth roughly $214 million, and after a single defensive margin top-up its forced-liquidation prices sit only about 5 percent under the spot market. Ether was changing hands near $2,311 on October 26, down about 1.6 percent over 24 hours, which leaves the position’s liquidation triggers at $2,181.69 and $2,177.79 within one bad session of the current price. The position was surfaced by on-chain tracker Lookonchain on October 24.

Source: Blockchain Reporter

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