Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow, August 25 — According to on-chain analyst Yu Jin, a whale who was "rolling long on ETH" got liquidated after the price dropped below the liquidation level of $4,658. The unrealized profit of this ETH long position has decreased from $5.5 million to $1.13 million. After the liquidation and partial deleveraging, the address still holds 14,600 ETH long positions, worth approximately $67.7 million, with a current liquidation price at $4,608.
According to analyst Yu Jin's monitoring, the "rolling long ETH" whale's long position was liquidated due to the price falling below the liquidation price of $4,658. Its floating profit on ETH longs has dropped from $5.5 million to $1.13 million. After liquidation and reducing position, this address still holds 14,600 ETH longs worth approximately $67.7 million, with a current liquidation price of $4,608.
Navigating Web3 tides with focused insights
