Whale Suffers $4.21M Loss from ASTER, ETH Liquidation and AVNT Position Closure

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
According to Blockbeats, a whale suffered a $4.21 million loss due to the liquidation of ASTER and ETH, as well as the closure of an AVNT position. The incident occurred on January 19, with $3.74 million lost from ASTER, $250,000 from ETH, and $223,000 from AVNT. Subsequently, the whale opened a 25x long ETH position worth $11.18 million, which has since dropped in value by $138,000. Traders are closely monitoring key support and resistance levels as position trading strategies come under renewed scrutiny.

BlockBeats news: On January 19, according to Onchain Lens monitoring, a whale's ASTER and ETH positions were liquidated, along with closing a long position in AVNT, resulting in a total loss of $4.21 million.


Subsequently, the whale re-entered a long ETH position with 25x leverage. The current position is valued at $11.18 million, with a floating loss of approximately $138,000. Among which:


· ASTER Loss: $3.74 million

· ETH loss: $250,000
· AVNT Loss: $223,000

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.