BlockBeats report, March 25: According to Hyperinsight monitoring, a whale address starting with 0xcab opened a 25x leveraged long position on ETH during a short-term price surge, with a position size of $8.7 million at an average price of $2,184. The position is currently slightly loss-making at -$500,000 (-1%), with a liquidation price of $2,127.
Whale opens a 25x leveraged ETH long position worth $8.7M
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Summary
On March 25, a whale with a wallet address starting with 0xcab opened a 25x leveraged long position in ETH during a short-term price rally. The trade, totaling $8.7 million, had an average entry price of $2,184. The whale is currently down $50 million (-1%), with a liquidation price at $2,127. The size of this leveraged position underscores the risks inherent in volatile markets.
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