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TechFlow, April 23 — According to on-chain analyst Onchain Lens (@OnchainLens), a whale address once borrowed $34.75 million in USDT to purchase 19,973.34 ETH at $1,740 per coin. To avoid liquidation, the address has since sold 30,894 ETH, cashing out approximately $55.63 million and incurring a loss of about $40 million. The current liquidation price for this address's ETH position is $1,586.80.
According to on-chain analyst Onchain Lens (@OnchainLens), a whale address borrowed $34.75 million in USDT to purchase 19,973.34 ETH at $1,740 per ETH. To avoid liquidation, the address has since sold 30,894 ETH, cashing out approximately $55.63 million and incurring a loss of around $40 million. The current liquidation price for this address's ETH position is $1,586.80.
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