CZ's opponent whale faces liquidation risk again, with unrealized losses exceeding $40 million

ChainCatcher news, according to analyst Ember monitoring, a large trader who shorted CZ’s ASTER position after it was posted is currently facing liquidation risk. The trader holds $237 million worth of long positions in crypto assets, including 57,100 ETH ($161 million), 38.82 million XRP ($69.98 million), and 230,000 HYPE ($5.19 million), with a total floating loss of $40.3 million. Its ETH long liquidation price is $2,714, which is only about $100 different from the current market price of around $2,800. Previously, the trader’s long ETH position was only $28 away from the liquidation price of $2,595 when the price fell to $2,623, but temporarily escaped due to the market rally.