Whale with $352M in longs: 79,260 ETH just $60 from liquidation
- —79,260 ETH ($187M) with liquidation at $2,290–2,301, about $60 away
- —1,140 BTC ($92.6M) long with liquidation at $72,268–74,449
- —Combined unrealized loss across positions: $18.87 million
- —On Oct 9, 28,720 ETH ($69.5M) was already force-closed at a $4.48M loss
Why it matters: Liquidating this much ETH could add selling pressure and trigger a cascade of forced closures.
Source: PANews