The "ETH bulls" have given back all their profits, with their 120,000 long positions now showing a floating loss of $46.01 million.

PANews reported on June 3rd that, according to on-chain analyst Ai Yi, the long positions that previously yielded $44.61 million in profits have all been wiped out. Four addresses belonging to the same entity collectively held long positions of 120,000 ETH, totaling $225 million. These positions are currently showing a floating loss of $46.01 million, with a liquidation range of $1355.8 to $1573.9. The most dangerous positions are only about $300 away from the liquidation price. Two of these addresses added $4.9 million in margin this morning.

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Author: PA一线

This content is for market information only and is not investment advice.

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