2 days
SOC Team
Giant whales are scrambling to keep their ETH long positions afloat!
Related addresses
Total tokens transferred
319.018K
ETH
Giant whales are scrambling to keep their ETH long positions afloat!
1. Whale 0x7d6, holding 270,000 ETH ($395M) on Maker, recently repaid 3.52M DAI and deposited 60,000 ETH to bring its liquidation price down to $912.
Fig 1. Whale 0x7d6's current ETH position.
2. Whale 0xab7 with 49,018 ETH ($72M) on Maker sold 7,976 ETH (~$11.56M) to reduce debt, with liquidation still imminent if the price drops to $1,418.34.
Fig 2. Whale 0xab7's current ETH position.
Notably, the total amount liquidated from the cryptocurrency market in the past 24 hours has reached $1.39B, according to Coinglass.
Fig 3. CoinGlass' cryptocurrency market liquidation statistics.