🚨 ETH whale down $4.19 million—could they be liquidated?
A massive Ethereum ($ETH ) short position worth ~$18.36M held by address 0xcf53…ee11 is under heavy pressure.
With ~7x leverage, this whale is sitting on ~$4.19M in unrealized losses. Despite the position’s size, the margin is only about ~$2.62M, so the liquidation price of ~$3,904.0140 (about 61.7% away from the current price) could be reached if ETH keeps rising.
If it were you, would you cut your losses or try to hold on until the end with ETH?
For informational purposes only, not investment advice. DYOR.
#ETH
A massive Ethereum ($ETH ) short position worth ~$18.36M held by address 0xcf53…ee11 is under heavy pressure.
With ~7x leverage, this whale is sitting on ~$4.19M in unrealized losses. Despite the position’s size, the margin is only about ~$2.62M, so the liquidation price of ~$3,904.0140 (about 61.7% away from the current price) could be reached if ETH keeps rising.
If it were you, would you cut your losses or try to hold on until the end with ETH?
For informational purposes only, not investment advice. DYOR.
#ETH