ME News reports that, as monitored by Ai Yi, a major whale reactivated after five years of inactivity four months ago and began cycling leveraged long positions on ETH. Currently, the two addresses have collectively collateralized 104,772.57 WETH and borrowed 135 million USDT. The liquidation prices for the two addresses are $1,555.04 and $1,565.72, respectively—just about $35 below the current price—putting a combined ETH leveraged position worth approximately $168 million at risk of liquidation. (Source: Foresight News)
Whale's $168M leveraged ETH position faces liquidation risk at $1,555–$1,566
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Summary
According to MetaEra, a whale’s $168M leveraged ETH position is at risk of liquidation if prices drop to $1,555.04 or $1,565.72. The position, collateralized by 104,772.57 WETH and $135M in USDT debt, was reactivated after five years. While leveraged trading strategies typically involve careful risk management, this whale has only about $35 of buffer remaining from current ETH prices.
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