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Earlier Long ETH Profited $44.61 million, Smart Money Now Faces Unrealized Loss of $46.01 million, Has Added More Collateral to Avoid Liquidation

BlockBeats News, June 3rd, according to on-chain analyst Ai Auntie (@ai_9684xtpa), the whale entity that had previously made a $44.61 million profit from longing ETH has now completely liquidated its profits.


It is reported that four addresses belonging to the same entity accumulated a long position of 120,000 ETH in total, with a position size of up to $225 million, and are now sitting on a $46.01 million unrealized loss. The liquidation range is between $1,355.8 and $1,573.9, with the most dangerous position only $300 away. Two of the addresses added $4.9 million in margin earlier this morning to avoid liquidation.

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