According to on-chain analyst Ember, at 11 p.m. last night, ETH fell to a low of $2,282, leaving a certain whale’s ETH long position about $30 away from liquidation.
The whale added $9.21 million in USDC margin in the early hours of the morning, lowering the liquidation price of the ETH long position from $2,256 to $2,181.
Regarding the disclosure that “ETH fell to a low of $2,282,” I’m more concerned with the remaining risk and when the information was observed. A single large loss figure cannot represent everyone’s trading results. Leverage amplifies the impact of price movements on margin and profit or loss, so performance on paper, losses already realized, and the risk still borne by open positions should be considered separately.
Going forward, check whether the position continues to change, as well as the timing of the disclosure and the liquidation conditions. If the position has been closed or the margin has changed, the old liquidation price can no longer be used as a basis for assessing current risk. Which matters more to you: losses that have already occurred, or how much risk the remaining position still carries?
$BTC $ETH
#BTC #ETH
The whale added $9.21 million in USDC margin in the early hours of the morning, lowering the liquidation price of the ETH long position from $2,256 to $2,181.
Regarding the disclosure that “ETH fell to a low of $2,282,” I’m more concerned with the remaining risk and when the information was observed. A single large loss figure cannot represent everyone’s trading results. Leverage amplifies the impact of price movements on margin and profit or loss, so performance on paper, losses already realized, and the risk still borne by open positions should be considered separately.
Going forward, check whether the position continues to change, as well as the timing of the disclosure and the liquidation conditions. If the position has been closed or the margin has changed, the old liquidation price can no longer be used as a basis for assessing current risk. Which matters more to you: losses that have already occurred, or how much risk the remaining position still carries?
$BTC $ETH
#BTC #ETH