A whale's 79000-token ETH long position is approximately 60 USD away from liquidation, with an overall unrealized loss of 18870000 USD
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AT A GLANCE
A whale's 79000-token ETH long position is approximately 60 USD away from liquidation, with an overall unrealized loss of 18870000 USD。
Article
A whale 79000 tokens ETH long position is only away from its liquidation price 60 USD, while its other holding of 1140 tokens BTC is relatively safe
PANews October 15 reported that, according to on-chain analyst Yu Jin (@EmberCN),ETH fell below 2400 USD, a whale/institution holding long positions worth 352000000 USD saw its 79260 tokens ETH（187000000 USD) long position only about 60 USD away from liquidation, with the liquidation price between 2290 and 2301 USD. It also holds 1140 tokens BTC（92600000 USD) long position, with a liquidation price between 72268 and 74449 USD, which is relatively safe. The whale's overall position is currently showing an unrealized loss as high as 18870000 USD. Earlier,October 9 in the early hours, its ETH long position was liquidated when the price fell to 2420 USD, liquidating 28720 tokens ETH（69500000 USD) and realizing a loss of 4480000 USD. It subsequently added 10000000 USDC in margin and continued opening long positions.
PANews stated that Yu Jin disclosed that a whale/institution holds long positions worth 352000000 USD.
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The position includes 79260 tokens ETH in long positions, worth 187000000 USD, with a liquidation price between 2290 and 2301 USD, approximately away from liquidation. 60 USD。
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The whale also holds 1140 tokens BTC in long positions, worth 92600000 USD, with a liquidation price between 72268 and 74449 USD. The report considers it relatively safe.
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The whale's overall position is currently showing an unrealized loss of 18870000 USD。
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October 9 In the early hours, its ETH long position was liquidated when the price fell to 2420 USD, liquidating 28720 tokens ETH worth 69500000 USD, realizing a loss of 4480000 USD。
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After the liquidation, the whale added 10000000 USDC in margin and continued opening long positions.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
The report shows that this whale's large ETH long position is approximately 2290 to 2301 USD away from its liquidation price; 60 USD in contrast, its BTC long position is reported to be relatively safe. Previously, the whale had already had 28720 tokens ETH in long positions liquidated.
Why it matters to readers
If ETH continues to decline, the large ETH long position near its liquidation price may face further liquidation; the report also currently shows that the whale's overall position is at a substantial unrealized loss.
Beginners can first monitor the ETH price and its distance from the 2290 to 2301 USD liquidation range, as well as whether the whale adds margin, reduces its position, or is liquidated again.
Risks and unknowns
The report did not disclose the specific identity of the whale/institution.
Position, unrealized-loss, and liquidation-price information comes from Yu Jin's disclosure and has not been independently cross-verified.
This evidence alone cannot confirm whether ETH will continue to decline or whether further liquidation will definitely occur.
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Long Position
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