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Ethereum News September 1, 2023

The giant whale that lost $5.1 million due to long ETH currently has a floating loss of about $1.1 million

According to the monitoring of Lookonchain, the giant whale, which lost $5.1 million due to long ETH, entered the market again yesterday at a price of $1,717 to do long ETH.

Due to the market drop last night, the giant whale increased its margin to avoid being liquidated, and it has lost about 1.1 million US dollars so far.

Among them, the liquidation price of BTC is $25,084, and that of ETH is $1,571.

A whale whose long ETH position was liquidated during the last two market crashes lost about $5.1 million. After the market rose yesterday, the giant whale once again entered the market at a price of $1,717 to do long ETH.

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