Express

Trader Liquidates 2000 ETH Long Position at $12.5 Million, Clearing Price Reduced to $4658

Summary: According to on-chain analyst Yu Jin, during a recent rapid decline, a trader liquidated 2000 ETH from a long position worth $12.5 million, fearing it would drop to the liquidation price of $4,668, closing just a few dollars above. The clearing price was then reduced by $10 to $4,658. The trader still holds a position ...

According to on-chain analyst Yu Jin, during a recent rapid decline, a trader liquidated 2000 ETH from a long position worth $12.5 million, fearing it would drop to the liquidation price of $4,668, closing just a few dollars above. The clearing price was then reduced by $10 to $4,658. The trader still holds a position of 23,100 ETH with a value of $108 million and a floating profit of $2.63 million.

Last Update:

Tags:
Link: Trader Liquidates 2000 ETH Long Position at $12.5 Million, Clearing Price Reduced to $4658   [Copy]
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 2 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 5 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 9 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 11 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 13 days ago
  • You need to login to comment.