An Ethereum whale suffers a $69.69 million liquidation
An Ethereum whale had 28,716 ETH, worth $69.69 million, liquidated during the market downturn on October 9. This amount represents the value of the closed position, while its realized loss is estimated at around $4.48 million.
An Ethereum whale sees 28,716 ETH, or $69.69 million, liquidated after the price fell to $2,420.
The trader records an estimated realized loss of $4.48 million.
Thirty minutes after the liquidation, the whale deposits 10 million USDC and opens a new position in 9,580 ETH.
A drop in ether below $2,300 could trigger further forced liquidations.
Crypto liquidations reach $1.19 billion in 24 hours, including $356 million in Ethereum.
Ethereum whale loses part of its position
The trader used three addresses on Hyperliquid to maintain large leveraged positions. Identified on October 7, they then controlled nearly $352 million in bullish bets on bitcoin and ether.
The total included 1,140 BTC and 98,090 ETH. The positions had been opened approximately two weeks earlier, at average prices of around $82,205 for bitcoin and $2,604 for ether. They were still showing an unrealized profit of $2.66 million before the downturn accelerated.
The key figures help distinguish exposure from actual losses
Hyperliquid liquidated 28,716 ETH, worth $69.69 million
The realized loss on this portion is estimated at approximately $4.48 million
The trader added 10 million USDC thirty minutes later
They opened a new bullish bet on 9,580 ETH
This new position was worth around $23.26 million
Their remaining positions totaled 78,955 ETH after the trade.
$BALI.ETF
$ETH
$USDE
#ETH
An Ethereum whale had 28,716 ETH, worth $69.69 million, liquidated during the market downturn on October 9. This amount represents the value of the closed position, while its realized loss is estimated at around $4.48 million.
An Ethereum whale sees 28,716 ETH, or $69.69 million, liquidated after the price fell to $2,420.
The trader records an estimated realized loss of $4.48 million.
Thirty minutes after the liquidation, the whale deposits 10 million USDC and opens a new position in 9,580 ETH.
A drop in ether below $2,300 could trigger further forced liquidations.
Crypto liquidations reach $1.19 billion in 24 hours, including $356 million in Ethereum.
Ethereum whale loses part of its position
The trader used three addresses on Hyperliquid to maintain large leveraged positions. Identified on October 7, they then controlled nearly $352 million in bullish bets on bitcoin and ether.
The total included 1,140 BTC and 98,090 ETH. The positions had been opened approximately two weeks earlier, at average prices of around $82,205 for bitcoin and $2,604 for ether. They were still showing an unrealized profit of $2.66 million before the downturn accelerated.
The key figures help distinguish exposure from actual losses
Hyperliquid liquidated 28,716 ETH, worth $69.69 million
The realized loss on this portion is estimated at approximately $4.48 million
The trader added 10 million USDC thirty minutes later
They opened a new bullish bet on 9,580 ETH
This new position was worth around $23.26 million
Their remaining positions totaled 78,955 ETH after the trade.
$BALI.ETF
$ETH
$USDE
#ETH