A whale sold 25,800 ETH to avoid liquidation, resulting in a leveraged loss of $31.75 million

PANews reported on March 11 that according to Ember’s monitoring, a whale was facing liquidation risk due to leveraged long ETH and had to sell 25,800 ETH (about 47.81 million USDT) to lower the liquidation line. The sale took place 5 hours ago, when the price of ETH fell to $1,853. The whale’s ETH was originally bought at an average price of $3,084 through leverage in July 2024, and the loss of leverage alone has reached $31.75 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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