On-chain Near-Liquidation Whale Adds to Position After Four Months of Leveraged Accumulation, Previously Dormant for 5 Years
BlockBeats News, June 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) provided additional information on the previously reported on-chain liquidation whale as follows:
The whale had been dormant for a full five years and woke up four months ago to engage in leveraged longing on ETH. Currently, the two addresses collectively collateralized 104,772.57 WETH to borrow 135 million USDT (including 24,500). The liquidation prices are $1,555.04 and $1,565.72, respectively. This means that a further drop of $35 would trigger liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BCG warns that financial pressure on European companies is intensifying! The room to absorb shocks is narrowing, and the pressure to transform is increasing simultaneously.
According to Boston Consulting Group (BCG), as leverage increases, making companies more vulnerable to shocks, one out of every six companies in Western Europe is currently facing financial pressure.
Japanese Yen nudges lower despite a hawkish BoJ, intervention warnings
One is not enough! TSMC (TSM.US) affiliated company plans to build another wafer plant in Singapore, AI "chip shortage" drives expansion across Asia
VSMC, a joint venture established by Vanguard International Semiconductor—a smaller affiliated company of TSMC—and NXP Semiconductors from the Netherlands, is considering building a second wafer plant in Singapore.
September 28 Crypto Noon Express | Privacy Coins Take the Spotlight
Crypto prices
More
