A major whale sells part of their ETH to add margin and avoid liquidation, incurring a loss of approximately $9.88 million
According to Jinse Finance, Onchain Lens monitoring shows that a certain whale has sold part of their ETH to increase margin in order to avoid liquidation. So far, this whale has incurred a loss of $9.88 million on a 20x leveraged ETH short position and still has an unrealized loss of approximately $18 million.
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.
You may also like
RootData: XION will unlock tokens worth approximately $22.13 million in one week
CryptoQuant CEO: Bitcoin On-Chain Indicators Show Bearish Signals, Future Upside May Depend on Macro Liquidity
Bitfury makes a strategic investment of $12 million in the decentralized AI computing network Gonka.ai
Trending news
MoreCrypto prices
More
