The ETH whale who rolled over a $125,000 long position suffered another loss of $72,000, with only $58,000 remaining on the books.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the ETH whale who rolled over a $125,000 long position on ETH has once again suffered a loss of $72,000, with only $58,000 remaining on the books. After ETH rose to $4,664 last night and then pulled back this morning, the whale was forced to reduce positions in batches to avoid liquidation, and is still holding a 25x leveraged ETH long position worth $1.79 million. Due to limited margin now, the only way to recover is to continue rolling over positions, which leaves very little room for liquidation.
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