🚨 DYDX whale is holding a losing long position down $893K—will they cut their losses?
A whale with wallet 0x9c89…600e is sitting on an unrealized loss of nearly $893.1K on a $615.6K long position with 5x leverage. 🐳 In reality, the margin (deposit) is only about $123.1K, meaning it wouldn’t take much of a price drop to reach the liquidation threshold. This position is under intense pressure.
Looking at the unrealized loss, everyone is wondering whether this whale will cut their losses to preserve capital or keep holding on, waiting for a recovery in . This is truly an expensive lesson in risk management.
If you were facing a loss of nearly $900,000, what would you do?
For informational purposes only, not investment advice. DYOR.
#DYDX $DYDX
A whale with wallet 0x9c89…600e is sitting on an unrealized loss of nearly $893.1K on a $615.6K long position with 5x leverage. 🐳 In reality, the margin (deposit) is only about $123.1K, meaning it wouldn’t take much of a price drop to reach the liquidation threshold. This position is under intense pressure.
Looking at the unrealized loss, everyone is wondering whether this whale will cut their losses to preserve capital or keep holding on, waiting for a recovery in . This is truly an expensive lesson in risk management.
If you were facing a loss of nearly $900,000, what would you do?
For informational purposes only, not investment advice. DYOR.
#DYDX $DYDX