Whale: $61M Loss on $140M ETH Liquidation
EmberCN reports a crypto whale lost $61.41 million after $140 million in long positions on ETH and BTC were liquidated during the morning dip.
SourceAnalysis
EmberCN tracked a whale holding $253 million in leveraged longs that suffered $61.41 million in realized losses when $140 million of the position was wiped out.
The address group saw 63,000 ETH liquidated at an average $1.35 billion notional for a $48.47 million loss and 60.8 BTC cleared for an additional $550,000 loss. Remaining exposure stands at $113 million in BTC and ETH longs with $12.39 million in unrealized losses and liquidation prices now at $72,197 for BTC and $2,004 for ETH.
Price action on the ETH 4h chart shows the market trading at $2146.78 beneath both the EMA50 at $2265.29 and EMA200 at $2395.32, confirming the bearish structure while RSI at 29.37 signals oversold conditions and MACD prints a death cross at -28.37. With price already testing the lower Bollinger band support at $2164.51, the confluence of oversold momentum against persistent trend resistance suggests any bounce attempt will likely stall near the $2291.74 upper band before fresh downside pressure reasserts toward the next liquidation cluster.
余烬
@EmberCNAnalyst about On-chain Analysis