Ethereum Whale's $92M 14x Long Nears Liquidation as ETH Holds $2,437
- —Whale opened a $92.17M ETH long using 14x leverage
- —Position is reportedly only $64 from full liquidation
- —ETH trades near $2,437 with RSI at 39.44, below its 47.85 average
- —Ethereum open interest has fallen from August–September highs
Why it matters: A large leveraged long on the brink of liquidation could amplify selling pressure on ETH if the decline continues.
Source: TronWeekly