A certain Whale is once again using high leverage to go long on ETH, with the liquidation price approaching $1586.

robot
Abstract generation in progress

Odaily News According to Yujin Monitoring, a certain Whale has leveraged up again to go long on ETH using a revolving loan method. Two hours ago, it borrowed 34.75 million USDT through Aave and purchased 19,972.8 ETH at an average price of 1,740 USD. It is worth noting that this address sold 30,894 ETH to stop losses last month when ETH dropped to 1790 USD, incurring a loss of about 40 million USD. The current leveraged position of 50,000 ETH is facing liquidation risk, with a liquidation price of 1586.8 USD. If ETH experiences a significant pullback again, it may repeat the same fate.

ETH0.59%
AAVE-1.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
Kikazerovip
· 04-23 00:31
66666666666666666666
Reply0
Temu,TheGreatMarshalvip
· 04-23 00:28
Ah😦
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)