The whale who rolled over $125,000 in ETH lost another $72,000 on his long position, leaving only $58,000 on the books.
according to on-chain analyst Ai Yi, the ETH long position opened by a whale with a 125,000 USD position has once again lost 72,000 USD, leaving only 58,000 USD on the books.
After ETH rose to 4664 USD last night and fell back this morning, he was forced to reduce his position in batches to avoid liquidation. He still holds a 25x ETH long position worth 1.79 million USD. Due to limited margin now, he can only roll over to try to turn things around, making his liquidation space very limited.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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