A Whale's 20x Long ETH Position on a New Address Gets Liquidated, Resulting in Over $4 Million in Losses in 3 Days

2026-02-06 01:26

BlockBeats News, February 6th, according to OnchainLens monitoring, a newly created wallet address was fully liquidated on its ETH 20x long position, losing $4.048 million in just 3 days.

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On-Chain Activity

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A whale sold 27,800 ETH to repay a loan, reducing the remaining position's liquidation price to $1,560.

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A whale address that went long on ETH liquidated 4 days ago, resulting in a loss of over $4 million.

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A whale sold 27,800 ETH to repay a loan, reducing the remaining position's liquidation price to $1,560.

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