BlockBeats News, October 21st, according to on-chain information, the current “buddy” account holds an Ethereum long position with a liquidation price only about 1% away (current price $3847, liquidation price $3803). As of the time of writing, this position has already incurred a $270,000 unrealized loss.
This morning, “buddy” increased its Ethereum long position leverage to 25x, with a scale of $10 million. Subsequently, in order to avoid liquidation, it added margin twice, depositing a total of 200,000 USDC.
