On August 28, according to on-chain analyst Ai Yi (@ai_9684xtpa), the "$125,000 rollover go long ETH" Whale's ETH long order has once again incurred a loss of $72,000, leaving only $58,000 on the books. After ETH rose to $4,664 last night, it fell back this morning, forcing him to reduce his position in batches to avoid liquidation. He still holds a 25x ETH long order worth $1.79 million, and with limited Margin now, he can only rollover to turn things around, making his liquidation space very limited.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
"$125,000 rollover go long ETH" Whale long order once again lost $72,000, leaving only $58,000 on the books.
On August 28, according to on-chain analyst Ai Yi (@ai_9684xtpa), the "$125,000 rollover go long ETH" Whale's ETH long order has once again incurred a loss of $72,000, leaving only $58,000 on the books. After ETH rose to $4,664 last night, it fell back this morning, forcing him to reduce his position in batches to avoid liquidation. He still holds a 25x ETH long order worth $1.79 million, and with limited Margin now, he can only rollover to turn things around, making his liquidation space very limited.