TechFlow news, August 28 — According to on-chain analyst Ai Aunt (@ai 9684xtpa), the whale who opened a long ETH position with $125,000 via rolling margin has again lost $72,000, leaving only $58,000 in unrealized value.
After ETH rose to $4,664 last night and pulled back this morning, he was forced to reduce his position in batches to avoid liquidation. He still holds a 25x leveraged long ETH position worth $1.79 million. With limited margin now available, his only chance to recover is through rolling margin, leaving him very little room before liquidation.
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