ETH Experiences Sharp Volatility Leading to Massive Liquidation, Whales' Position Trimmed to Long 2,900 ETH
BlockBeats News, June 18th, according to Onchain Lens monitoring, during the sudden market downturn, trader "Brother Ma Ji" Huang Licheng was forced to close most of his 25x leveraged Ethereum long position and experienced partial liquidation in the process.
He still holds a long position of about 2,900 ETH with 5x leverage, with an overall unrealized loss of over $35 million, and the total accumulated loss exceeds $79.87 million.
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