A long position of 120,000 ETH has lost all its profits and is now facing a floating loss of $46.01 million
According to monitoring by on-chain analyst Ai Yi, a long trader that had previously profited $44.61 million from being long on ETH has now given back all its gains. Four addresses belonging to the same entity had opened a cumulative long position of 120,000 ETH, with a position value of $225 million. It is now facing a floating loss of $46.01 million, with the liquidation range between $1,355.8 and $1,573.9. The most at-risk position is approximately $300 away from its liquidation price. Two of the addresses added an additional $4.9 million in margin this morning.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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