A prominent Bitcoin investor, known as Bitcoin OG, has expanded their Ethereum long position to a total value of $444 million. The position, leveraging 5x, consists of 140,094.52 ETH with an entry price of $3,179.54. However, the investment has turned unprofitable, currently showing a floating loss of approximately $2 million. The liquidation price for this position is set at $2,387.28, indicating potential risk if Ethereum's price continues to decline.
Bitcoin OG Faces $2M Loss on $444M Ethereum Long Position
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