PANews reported on January 31 that, according to on-chain analyst Yu Jin, the liquidation price of a $600 million long ETH position held by a whale with $230 millionPANews reported on January 31 that, according to on-chain analyst Yu Jin, the liquidation price of a $600 million long ETH position held by a whale with $230 million
The whale that opened a long position in ETH with $230 million in funds was only $350 away from being liquidated.
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PANews reported on January 31 that, according to on-chain analyst Yu Jin, the liquidation price of a $600 million long ETH position held by a whale with $230 million in funds was $2,290. With ETH recently falling to $2,600, it's only $350 away from that liquidation price. His position is currently showing a floating loss of $120 million.
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