Whale’s $214 Million Ether (ETH) Long Could Face Liquidation if Prices Fall
Photo: TokenPost
A whale’s 93,184 Ether (ETH) long position is valued at $214 million and could face liquidation if prices continue to fall. The position has two potential liquidation prices: $2,256.45 and $2,226.53. The levels are $29.92 apart. A long position gains value when Ether rises and loses value when it falls. Liquidation is the forced closure of a position once it no longer meets collateral requirements. The warning is conditional on further market declines, making the listed prices potential triggers for the whale’s position. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
