A Whale with Tens of Millions in ETH Engaged in a High-level Position Closeout, Resulting in an Inverted Average Price to the Liquidation Price, with Liquidation Imminent at a Merely 0.48% Away
BlockBeats News, March 31st, according to Hyperinsight monitoring, during this morning's ETH surge, a whale starting with 0x338 continued to increase its long position through profit-taking roll-ins, progressively adding to a price of $2089, causing the liquidation price to passively rise to $2046, surpassing the entry price, leaving only about 0.48% difference between the liquidation price and the current price.
Currently, this address holds a 25x leveraged ETH long position, amounting to 8572 ETH, approximately $17.63 million, with an entry price of $2039, and the current unrealized profit is around $150,000 (+22%). This position was opened 4 days ago, still profitable but at the brink of liquidation.
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