According to on-chain analyst Ai Yi, at 02:53 UTC+8 on June 6, another address holding $168 million in ETH long positions was liquidated and repaid $9.878 million in USDT loans. The combined collateral across both addresses has now decreased to 82,871.28 ETH, with a total of 21,798.13 ETH liquidated last night. (Source: PANews)
Over 21,798 ETH cleared in whale's ETH long position liquidation
KuCoinFlashShare
Summary
On June 6 (UTC+8), a whale’s long ETH position in margin trading was liquidated, clearing over 21,798 ETH. The position, valued at $168 million, was liquidated at 02:53, repaying $9.878 million in borrowed USDT. On-chain analyst Ai Yi noted that the whale’s position size had a significant impact. The two addresses now hold a total of 82,871.28 ETH in collateral.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.