Two BIT addresses add 24,000 ETH
- Each address bought 12,000 ETH, for a total of 24,000 ETH, at average holding prices of $2,420 and $2,422
- 20x cross-margin leverage, with combined positions worth about $60.29 million and unrealized profits of about $2.19 million
ETH is currently at $2,512, just 3.8% above the cost basis. At 20x cross-margin leverage, a $500 pullback from here would put the position on the brink of liquidation. For those of you holding long ETH positions, what’s your average entry price?
$BTC $ETH $SOL
- Each address bought 12,000 ETH, for a total of 24,000 ETH, at average holding prices of $2,420 and $2,422
- 20x cross-margin leverage, with combined positions worth about $60.29 million and unrealized profits of about $2.19 million
ETH is currently at $2,512, just 3.8% above the cost basis. At 20x cross-margin leverage, a $500 pullback from here would put the position on the brink of liquidation. For those of you holding long ETH positions, what’s your average entry price?
$BTC $ETH $SOL