「Quad-Short ETH Whale」 with a 75% win rate narrowly avoided liquidation with a 14,000 ETH position. After adding more collateral, the liquidation price increased from $3699 to $3724.
By: theblockbeats.news|2025/08/07 00:51:54
BlockBeats News, August 7th, according to on-chain analyst Yu Jin's monitoring, less than $1 away, the "Four Battles ETH 75% Win Rate Whale" was in danger of being liquidated with a forced settlement of 14,000 ETH.
At 2 o'clock in the morning, the price of ETH rose to a high of $3,698.8, while the liquidation price of the whale's 70,000 ETH short position was at $3,699. As long as it didn't rise by another $1, his position would be liquidated with a forced settlement of 14,000 ETH.
Subsequently, he quickly withdrew funds from WhiteBIT to supplement his margin, raising the liquidation price from $3,699 to $3,724.
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In the past 24 hours, the entire network has seen $172 million in total liquidations, with the majority coming from the largest short positions.
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