ChainCatcher report: According to crypto analyst Aunt Ai @ai_9684xtpa, a large whale address that used leveraged borrowing to go long on ETH was again liquidated overnight when ETH dropped to $1,540, resulting in the liquidation of 6,667.13 ETH and repayment of $9.878 million in USDT debt. Data shows that this whale was collectively liquidated for a total of 21,798.13 ETH last night. Currently, the remaining collateral assets across its two addresses have declined to 82,871.28 ETH. Latest on-chain data indicates that the address starting with 0xc3f has $51,333.58 ETH still borrowed, with a liquidation price of $1,526.91; the address starting with 0x34d has $31,537.7 ETH still borrowed, with a liquidation price of $1,458.78.
Whale's leveraged ETH position liquidated for 6,667 ETH as ETH fell to $1,540
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Summary
Whale trading activity intensified as a major ETH position was liquidated for 6,667.13 ETH and $987.8 million in USDT repayment when ETH dropped to $1,540. The total liquidated amount reached 21,798.13 ETH overnight, leaving 82,871.28 ETH in collateral. The address 0xc3f holds 51,333.58 ETH with a liquidation price of $1,526.91, while address 0x34d holds 31,537.7 ETH at $1,458.78. Traders are now assessing the risk-to-reward ratio of maintaining leveraged ETH positions amid ongoing volatility.
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