A major whale closed a position of 6.5 million long contracts during the ETH correction and added to the position at an average price of $2043.

BlockBeatNews
ETH-1,37%

BlockBeats message, March 31, according to monitoring by Hyperinsight: today’s ETH price saw a surge in volume and broke above $2,090, then fell back under pressure. A giant whale starting with 0x4ce entered to go long, establishing a 9x leveraged ETH long position base at $2,063; afterward, within the past 10 minutes, it added again, increasing its holdings by 3,208 ETH at $2,043, about $6.55 million.

After two rounds of position building, the current position size has reached $13.68 million, with a blended average price of $2,052, a liquidation price of $1,852, and a slight unrealized loss of about $21,000. The address currently has remaining margin of less than $50,000, and there is no room for further short-term adding to the position.

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.
Comment
0/400
No comments