On-chain Near-Liquidation Whale Adds to Position After Four Months of Leveraged Accumulation, Previously Dormant for 5 Years
BlockBeats News, June 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) provided additional information on the previously reported on-chain liquidation whale as follows:
The whale had been dormant for a full five years and woke up four months ago to engage in leveraged longing on ETH. Currently, the two addresses collectively collateralized 104,772.57 WETH to borrow 135 million USDT (including 24,500). The liquidation prices are $1,555.04 and $1,565.72, respectively. This means that a further drop of $35 would trigger liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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