Express
Whale with 75% Win Rate in Four ETH Battles Faces Liquidation Risk, 14,000 ETH Position Liquidated After Adding Margin, Liquidation Price Raised from $3699 to $3724
Summary: According to Chainalysis analyst Yu Jin, a whale with a 75% win rate in four ETH battles narrowly avoided liquidation by less than $1, with 14,000 ETH positions being liquidated. At 2 am, ETH price surged to a high of $3,698.8, while the liquidation price for the whale's 70,000 ETH short position was at $3,699. ...
According to Chainalysis analyst Yu Jin, a whale with a 75% win rate in four ETH battles narrowly avoided liquidation by less than $1, with 14,000 ETH positions being liquidated.
At 2 am, ETH price surged to a high of $3,698.8, while the liquidation price for the whale's 70,000 ETH short position was at $3,699. If the price had not risen by $1, the position would have been liquidated, resulting in the liquidation of 14,000 ETH.
Subsequently, the whale quickly withdrew funds from WhiteBIT to add margin, raising the liquidation price from $3,699 to $3,724.
Tags:
Link: Whale with 75% Win Rate in Four ETH Battles Faces Liquidation Risk, 14,000 ETH Position Liquidated After Adding Margin, Liquidation Price Raised from $3699 to $3724 [Copy]
