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Ethereum Breaks Above $2,400, Major Whale Liquidated for $2.395M Across Two Rounds on Perpetual Futures Platform

GateNews

ethereum news Price Volatility Derivatives Data

2026-04-27 02:29:39

ETH-0.7%

BTC-1.17%

Gate News message, April 27 — Ethereum surged above $2,400 this morning, triggering two large-scale liquidations on a major perpetual futures platform, according to Hyperinsight monitoring. A whale address starting with 0x5bc faced sequential liquidations on its ETH short position, resulting in a combined loss of 1,000 ETH, worth approximately $2.395 million, with realized losses of around $68,000.

The short position was established last night. At the same time, the same address also opened a 50 BTC short position with 20x leverage, valued at approximately $3.95 million, with a liquidation price at $80,662.

Address: 0x5bcb085d7fadba61507a3aee9e832cbfa331f5dd

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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