Whale Adds $10M Margin After $4.48M ETH Liquidation, Reopens $23.26M Long Position

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A whale adjusted position sizing following a $4.48M ETH liquidation, adding $10M in USDC margin to reopen a $23.26M long position. The whale initially held a $287.2M ETH long position, which declined to $2,420, triggering the liquidation of 28,720 ETH. At $2,428, the whale reopened 9,580 ETH and now holds a $288M long position with a $9.71M floating loss. Position trading strategies remain active amid market volatility.

Odaily Planet Daily reports, according to on-chain analyst Yujin, a large whale previously held long positions worth $352 million. When ETH price dropped to $2,420 at凌晨, 28,720 ETH long positions were liquidated, resulting in a loss of $4.48 million. Half an hour after liquidation, the whale deposited $10 million in USDC as margin and reopened a long position of 9,580 ETH at $2,428, valued at $23.26 million.

Currently, this whale holds a long position worth $288 million with an unrealized loss of $9.71 million, including 78,950 ETH valued at $195 million with a liquidation price of $2,286 to $2,299; and 1,140 BTC valued at $93.31 million with a liquidation price of $72,198 to $74,379.

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