A significant Ethereum whale has sold 10,000 ETH, valued at approximately $45.05 million, to the FalconX exchange, concluding a $360 million swing trade that netted $93.74 million in profits. This move has led to $10.54 million in futures liquidations within the past hour, with $383 million in ETH positions affected. Additionally, another whale offloaded 2,250 ETH, potentially realizing $7.64 million in gains. The market is now focused on the $4,733 resistance level, with analysts cautioning that breaching this point could result in substantial short liquidations.
Whale Sells $45M in ETH, Triggers $10.5M in Liquidations
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