「Whale」 Near Liquidation Forces Liquidation of 3.2M ETH Long Position, Weekly Loss Reaches $1.04M

BlockBeats News, March 31. According to Coinbob Popular Address Monitoring, the "buddy" Huang Licheng's ETH long position's floating loss continues to intensify, and the position once again teeters on the brink of liquidation. In response, he successively reduced 1606 ETH long positions, equivalent to about $3.23 million, recording a loss of about $34,000. The position size shrank from $11.35 million to $8.09 million, and the liquidation price was subsequently lowered to $2006.

Looking back at the position-building in this round, this whale, on March 26, after the original ETH long position was liquidated, reopened a position with less than $100,000 and subsequently added a total of $700,000 in deposits for continuous rolling. However, this round of decline has once again reduced the account funds to about $250,000, erasing all recent profits, with a weekly loss accumulating to $1.04 million.