A whale linked to Matrixport is facing an unrealized loss of $78 million on a long position of 120,000 ETH, currently valued at $194 million. To prevent liquidation, the whale has injected $5.84 million in USDC as additional margin. The updated liquidation prices for the position are set at $1,414.51, $1,366.11, $1,360.73, and $1,309.53, according to Lookonchain.
Matrixport Whale Faces $78M Loss on ETH Long, Adds $5.84M USDC Margin
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