Whale with $397M BTC and ETH longs adds $9.21M margin, ETH liquidation price drops to $2,181
- —The $9.21 million USDC deposit lowered the ETH long's liquidation price from $2,256 to $2,181
- —Position size: 115,473 ETH ($272 million) and 1,539.5 BTC ($124 million)
- —The BTC long's liquidation price sits at $70,396
- —ETH fell to $2,282 overnight, about $30 above the previous liquidation level
Why it matters: The whale remains exposed below $2,181 ETH; a liquidation of this size would add selling pressure to the market.
Source: PANews