Whale's 4,500 ETH Long Position Just $39 From Liquidation, $10.4M at Risk

Gate News message, April 27 — A whale holding 4,500 ETH in a leveraged long position is facing imminent liquidation risk, with the liquidation line set at $2,273, just $39 below the current price, according to Hyperinsight monitoring. The position, valued at approximately $10.4 million, represents the highest liquidation pressure among million-dollar-scale ETH long positions tracked on-chain.

The address opened a 25x leveraged ETH long position last Monday and has been rolling the position throughout the week, adding another 500 ETH today. The current average entry price stands at $2,337, with cumulative holdings now at 4,500 ETH.

The position peaked with unrealized gains exceeding $400,000 this morning but has since given back all profits as the market turned sharply lower, now facing acute liquidation risk. Address: 0xe1d3baa26d94f53897efbeb550d95cc2ab72d5f7.