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Involving $565 million in ETH, several whales' ETH positions are nearing the liquidation threshold
Svmuu News: According to on-chain analyst Yu Jin, following tonight’s decline in the crypto market, positions held by several ETH lending whales that are nearing the liquidation threshold are at risk of liquidation. The liquidation price for the first tier is $1,472, involving 72,700 ETH worth $114 million; The second liquidation tier has a trigger price of $1,355, involving 167,600 ETH held by whales who purchased ETH earlier this month, valued at $263 million; The third liquidation tier has a trigger price of $1,160, involving 120,000 ETH long positions held by Hyperliquid’s largest long position holder, valued at $188 million.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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