A whale holding approximately $396.5 million in BTC and ETH long positions added $9.21 million in USDC margin after ETH fell to a low of $2,282, pushing the position within $30 of its liquidation price. The capital injection lowered the ETH long's liquidation threshold from $2,256 to $2,181.
The whale now holds 115,473 ETH worth about $272 million with a nearest liquidation price at $2,181, alongside 1,539.5 BTC valued at roughly $124 million with a liquidation price of $70,396.
Whale Injects $9.21M Margin to Rescue ETH Long, Liquidation Price Drops to $2,181
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
