A whale has sold more than 30,000 ETH to avoid liquidation, losing about $40 million
This article is machine translated
Show original
Planet Daily News: According to OnchainLens monitoring, a whale address once borrowed 34.75 million USDT and purchased 19,973.34 ETH at a price of $1,740 per token. Subsequently, to avoid liquidation, the address sold 30,894 ETH, cashing out approximately $55.63 million, with a loss of around $40 million. Currently, the ETH position liquidation price for this address is $1,586.80.
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share