Odaily Planet Daily reports that on-chain analyst Yu Yan monitored that the liquidation price for a $230 million whale holding a long position in ETH worth $600 million is at $2,290.
As ETH just dropped to $2.6K, it is only $350 away from its liquidation price.
His position is currently floating with a loss of up to $120 million.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ethereum Network Activity Claims New ATH Indicating Bullish Divergence
The Ethereum network has reached a new all-time high in activity, signaling its growing utility beyond speculation. Factors like L2 scaling and DeFi are driving this surge, suggesting strong long-term growth potential for Ethereum ($ETH).
BlockChainReporter20m ago
BlackRock withdrew 2,700 BTC and 30,000 ETH from a certain CEX.
Gate News, April 10, according to Onchain Lens monitoring, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.
GateNews3h ago
Ethereum Breaks Upward as Bullish Momentum Returns — What Next for ETH?
ETH rises above $2,200 as buyers regain control and defend key support.
Derivatives and ETF inflows show growing demand and renewed market confidence.
Critical support near $2,000 will determine if bullish momentum can continue.
Ethereum has finally shown signs
CryptoNewsLand3h ago
Tom Lee: The market is showing signs of forming a bottom; Ethereum, BMNR, and Bitcoin are recommended.
Gate News message, April 10, renowned market analyst Tom Lee posted that there are increasing signs the market bottom has already formed, even though the overall market still generally remains skeptical. Tom Lee suggested that for investors who are still skeptical, they could consider buying assets that performed ahead during the U.S.-Iran war. He pointed out that Ethereum and BMNR are among his top picks, and Bitcoin is also included among the recommendations. Tom Lee believes that crypto assets have already proven themselves to be a store of value during wartime.
GateNews3h ago
Grayscale transferred 1,327 ETH and about 406 BTC to a certain CEX, for a total value of over $3.8 million
Gate News update: On April 10, according to Arkham monitoring, about 1 hour ago, Grayscale transferred 1,327 ETH and approximately 406.187 BTC to a certain CEX, totaling more than $3.8 million in value.
GateNews4h ago
