A whale holding $253 million in long positions was liquidated for $140 million during the 6 a.m. drop, losing $61.41 million, according to Ember Monitoring.
Among the liquidated positions, 63,000 ETH (about $135 million) were closed at a loss of $48.47 million, while 60.8 BTC (about $4.56 million) were closed at a loss of $550,000. After the liquidation, the whale still holds about $113 million in BTC and ETH longs, currently showing an unrealized loss of $12.39 million. The liquidation prices are $72,197 for BTC and $2,004 for ETH.
· What’s confirmed is the liquidation size and loss figures. The final outcome for the remaining positions depends on whether BTC and ETH prices reach those liquidation levels.
· The indicators to watch are clear: whether either of these liquidation levels is breached, and whether the remaining long positions continue to be reduced.
Would you watch BTC at $72,197 first, or ETH at $2,004?
$BTC $ETH
Among the liquidated positions, 63,000 ETH (about $135 million) were closed at a loss of $48.47 million, while 60.8 BTC (about $4.56 million) were closed at a loss of $550,000. After the liquidation, the whale still holds about $113 million in BTC and ETH longs, currently showing an unrealized loss of $12.39 million. The liquidation prices are $72,197 for BTC and $2,004 for ETH.
· What’s confirmed is the liquidation size and loss figures. The final outcome for the remaining positions depends on whether BTC and ETH prices reach those liquidation levels.
· The indicators to watch are clear: whether either of these liquidation levels is breached, and whether the remaining long positions continue to be reduced.
Would you watch BTC at $72,197 first, or ETH at $2,004?
$BTC $ETH
