ETH Whale Is Feeling the Pressure... Remember the whale holding that huge 45,000 ETH long? Yeah... things are getting a little tense now.
About 2 hours ago, the trader sold 1,500 $ETH on-chain for around $3.75M, locking in roughly $618K in profit.
But instead of just walking away with the money, he moved the USDC straight into Hyperliquid as extra margin.
Probably trying to give the position a bit more breathing room...
Right now, the massive $107M ETH long is sitting at around $4.8M in unrealized losses, and the liquidation price is now $2,173.36.
And here's the scary part ... there's only about $207 left between the current price and liquidation😬.
So yeah... one more decent move down, and this could get very ugly, very fast.
Wallet: 0x0392a716dbee1661ea781881826b928daeb5d7d9
About 2 hours ago, the trader sold 1,500 $ETH on-chain for around $3.75M, locking in roughly $618K in profit.
But instead of just walking away with the money, he moved the USDC straight into Hyperliquid as extra margin.
Probably trying to give the position a bit more breathing room...
Right now, the massive $107M ETH long is sitting at around $4.8M in unrealized losses, and the liquidation price is now $2,173.36.
And here's the scary part ... there's only about $207 left between the current price and liquidation😬.
So yeah... one more decent move down, and this could get very ugly, very fast.
Wallet: 0x0392a716dbee1661ea781881826b928daeb5d7d9
