🚨 ETH whale with a $108M long is 'sitting on a hot seat'!
A massive Ethereum ($ETH ) long position worth ~$108.75 million at address 0x77dd…e0e9 is down nearly $9.68 million. With ~10x leverage, the liquidation price is just ~7.3% below the current price.
This means that if ETH drops a little further, this whale's margin (~$10.88 million) could be wiped out completely. Will they cut their losses or try to ride it out?
What would you do in this situation?
For informational purposes only, not investment advice. DYOR.
#ETH #AI
A massive Ethereum ($ETH ) long position worth ~$108.75 million at address 0x77dd…e0e9 is down nearly $9.68 million. With ~10x leverage, the liquidation price is just ~7.3% below the current price.
This means that if ETH drops a little further, this whale's margin (~$10.88 million) could be wiped out completely. Will they cut their losses or try to ride it out?
What would you do in this situation?
For informational purposes only, not investment advice. DYOR.
#ETH #AI