Data: A long position of 4,500 ETH was liquidated in 6 transactions totaling 4.9 million USD, making it the largest liquidation address on the chain for the day
According to monitoring by Hyperinsight, the largest on-chain liquidation pressure yesterday came from a whale that went long on 4,500 ETH, which has faced six liquidations in total, amounting to approximately $4.91 million, making it the largest liquidation address on-chain today.
Currently, this address still holds approximately $9.55 million in long positions, detailed as follows: ETH liquidation of 1,620 (approximately $3.67 million), remaining position of $6.62 million, liquidation price of $2,250; BTC liquidation of 10.8 (approximately $830,000), remaining position of $1.48 million, liquidation price of $70,020; HYPE liquidation of 99,000 (approximately $410,000), remaining position of $1.46 million, liquidation price of $37.45.
It is reported that this address opened a 25x leveraged long position in ETH last Monday, and after a week of continuous rolling, it added another 500 ETH yesterday morning. However, it encountered two rounds of market downturns last night and this morning, with three long positions recording a total loss of approximately $610,000.
You may also like

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

DeepSeek Financing Story

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

