ETH whale short position liquidated again, with cumulative liquidations totaling $16.32 million today

BlockBeats news, October 19 - According to TradingBeats monitoring, the ETH short position at address 0xb15b…dbae suffered another partial liquidation this afternoon, with approximately 1,416 ETH forcibly reduced, resulting in a liquidation transaction value of about $3.46 million and a corresponding realized spread loss of approximately $112,000. This address had already experienced three partial liquidations earlier today, with a cumulative liquidation of about 6,747 ETH and a liquidation transaction value of approximately $16.32 million.

As of press time, the address still holds a short position of about 5,663 ETH, with a position value of approximately $13.76 million, an average entry price of $2,365.86, and a temporary unrealized loss of about $362,000. The current position uses 25x cross margin leverage, with a liquidation price of approximately $2,452.74.