Data: "Going long 4500 ETH" whale is less than 40 dollars away from liquidation, with a position size of 10.4 million dollars

According to monitoring by Hyperinsight, among the on-chain million-scale long positions, the one under the most liquidation pressure is a whale that "went long 4,500 ETH." The liquidation line for its ETH long position is at $2,273, which is only about $39 away from the current price, making it the one with the highest liquidation pressure among whales with on-chain million-scale positions.

It is reported that this address opened a 25x leveraged ETH long position last Monday, and after a week of continuous rolling, it added another 500 ETH today, bringing the current position size to 4,500 ETH, approximately $10.4 million, with an average entry price of $2,337.

This morning, the position once had an unrealized profit of over $400,000, but as the market sharply declined, the unrealized profit has been completely wiped out and is facing a strong liquidation risk.