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Home News Contract Whale Watch: ‘CZ Whale’ Liquidated for $48M, Eugene Re-enters with Stop-loss Set Below $80K

Contract Whale Watch: 'CZ Whale' Liquidated for $48M, Eugene Re-enters with Stop-loss Set Below $80K

Contract Whale Watch: ‘CZ Whale’ Liquidated for $48M, Eugene Re-enters with Stop-loss Set Below $80K

BlockBeats News, January 30th, according to HyperInsight monitoring, along with the escalation of geopolitical tensions last night, the global risk market has been declining all the way. Here is a summary of the recent on-chain hot contract whale activities:

· The “CZ Opponent Whale” was liquidated in the ETH drop below $2700, liquidating a long position worth $177 million, with a loss of up to $48.2 million. Currently, the long position only has a remaining position of about $66 million;

· Eugene stated that he has redeployed a relatively reasonable position. In this recent round of continuous attacks on the market, it seems that even the most steadfast bulls have been liquidated. On the emotional side, a significant amount of frustration and surrender-like liquidation can be clearly seen (while many people are also calling for lower prices). The risk-reward ratio of being long here is quite good, with a clear stop-loss position set below $80,000.

· The “Buddy Brother” Huang Licheng closed his ETH long position 2 hours ago, with a loss of $1.584 million, and immediately reopened a 25x leveraged long position with a full position of 700 ETH, with a new average opening price of $2727.04.

· The swing whale “pension-usdt.eth” closed out all its 3x leveraged ETH short positions, realizing a profit of approximately $2.7 million.

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