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Home News A certain whale liquidated a $3.98 million ETH long position, reallocating funds to a long position in gold.

A certain whale liquidated a $3.98 million ETH long position, reallocating funds to a long position in gold.

A certain whale liquidated a $3.98 million ETH long position, reallocating funds to a long position in gold.

BlockBeats News, February 3rd, according to Hyperinsight monitoring, today at 13:14, an address starting with 0xb49 liquidated 1712.48 ETH long position, with a liquidation price of approximately $2325, equivalent to approximately $3.98 million. The funds were then used to open a long position in xyz:GOLD (gold tokenized asset) at a higher leverage. This address currently holds multiple leveraged positions, including:

25x leverage ETH long position, holding 1129.9 ETH, valued at approximately $2.629 million, with an unrealized gain of approximately $2201;

16x leverage xyz:GOLD long position, valued at approximately $11.3 million, with an unrealized gain of 1.53%;

10x leverage xyz:SILVER long position, valued at approximately $1.399 million, with an unrealized loss of 0.44%.

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