BlockBeats News, March 31st, according to Hyperinsight monitoring, BTC fell back dragging ETH slightly, the “high-position unwinding ETH” whale (0x338) was forced to sell 500 ETH as each round of price approached the settlement price decimal, as of the time of writing, it has continuously sold 2500 ETH, equivalent to about $5.1 million, to lower the settlement price, which has dropped from $2046 to $2030.
After continuous reduction of holdings, the address currently holds a 25x leveraged ETH long position, with holdings decreasing from 8572 to 6072 ETH, equivalent to $12.36 million, with an average entry price of $2039, the position has changed from profit to loss, with a floating loss of about $18,000, only 0.29% away from liquidation.
This address opened a long position during this morning’s ETH rally, continuously adding to the long position with floating profits, all the way up to the $2089 price level, causing the liquidation price to passively rise to $2046, leading to an inversion of the liquidation price and the average price.
