🚨 $4.53M ETH whale is close to liquidation—with just 6.9% to go!
A massive Ethereum ($ETH ) long position worth nearly $4.53M is facing enormous liquidation pressure, with its liquidation price just 6.9% away from the current price. This wallet address, 0xf929…d1f9, is holding on with 25x leverage. Despite the position's huge size, the actual margin is only around $181.1K.
It's a nerve-racking situation: even a small move in ETH could wipe out the entire margin. Although the position is up a modest $32.5K, liquidation pressure at $2,108.8044 is looming.
Will this whale take profits early or keep holding through the turbulence? If you were in their shoes, what would you do if ETH fell another 6.9%?
For informational purposes only, not investment advice. DYOR.
#ETH
A massive Ethereum ($ETH ) long position worth nearly $4.53M is facing enormous liquidation pressure, with its liquidation price just 6.9% away from the current price. This wallet address, 0xf929…d1f9, is holding on with 25x leverage. Despite the position's huge size, the actual margin is only around $181.1K.
It's a nerve-racking situation: even a small move in ETH could wipe out the entire margin. Although the position is up a modest $32.5K, liquidation pressure at $2,108.8044 is looming.
Will this whale take profits early or keep holding through the turbulence? If you were in their shoes, what would you do if ETH fell another 6.9%?
For informational purposes only, not investment advice. DYOR.
#ETH
