A Whale opened a 22x leveraged long position on ETH a few days ago: 💰 Total position value: $12.42 million 📊 Position amount: 5000.73 ETH 🎯 Opening Average Price: $2564.66 📉 Current loss: -400,900 USD 🔧 Funding fee has lost: -68,900 USD 🔻 Recently, the cumulative loss of profits for 7 consecutive days: -786,600 USD 💀 The liquidation price is close to: $2475 The whale once made a profit of up to 3.3098 million USD on May 29, but has now retreated nearly 50%, resulting in a huge floating loss and is approaching the edge of liquidation. 👉 Will ETH have a spike to send this Whale to the liquidation seat? Voting Area: ✅ Hold on and return ❌ Liquidation bloodbath 📉 📈 The funding sentiment has started to drift dangerously, and once the volatility intensifies, high leverage positions may be liquidated at any time. 📖 A simple explanation of the data in the image: This Whale longed ETH with 22x leverage, with a total position size exceeding ten million USD. High leverage positions quickly amplify losses under short-term fluctuations in ETH. The funding fee has accumulated losses of nearly 70,000 dollars, indicating that the holding period is not short. At the peak of profits, it exceeded 3.3 million dollars, but now it has a loss of 400,000 dollars, being on the edge of danger.
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The ETH Whale can't hold on anymore!
A Whale opened a 22x leveraged long position on ETH a few days ago:
💰 Total position value: $12.42 million
📊 Position amount: 5000.73 ETH
🎯 Opening Average Price: $2564.66
📉 Current loss: -400,900 USD
🔧 Funding fee has lost: -68,900 USD
🔻 Recently, the cumulative loss of profits for 7 consecutive days: -786,600 USD
💀 The liquidation price is close to: $2475
The whale once made a profit of up to 3.3098 million USD on May 29, but has now retreated nearly 50%, resulting in a huge floating loss and is approaching the edge of liquidation.
👉 Will ETH have a spike to send this Whale to the liquidation seat?
Voting Area: ✅ Hold on and return ❌ Liquidation bloodbath
📉 📈 The funding sentiment has started to drift dangerously, and once the volatility intensifies, high leverage positions may be liquidated at any time.
📖 A simple explanation of the data in the image:
This Whale longed ETH with 22x leverage, with a total position size exceeding ten million USD.
High leverage positions quickly amplify losses under short-term fluctuations in ETH.
The funding fee has accumulated losses of nearly 70,000 dollars, indicating that the holding period is not short.
At the peak of profits, it exceeded 3.3 million dollars, but now it has a loss of 400,000 dollars, being on the edge of danger.