Markets· ★★★· bearish·

Whale liquidated for 28,716 ETH but adds to long, now holds 78,955 ETH

  • —28,716 ETH liquidated, worth $69.69 million
  • —Current long position: 78,955 ETH worth $196 million
  • —New liquidation prices: $2,299.09 and $2,286.28
Why it matters: A large long with nearby liquidation levels could amplify selling pressure on ETH if prices keep falling.
Source: PANews