Whale Short 21,820.7 ETH, incurring an unrealized loss of $1.2 million.

This article is machine translated
Show original

According to on-chain analyst Ai Yi, the Short order of 21,820.69 ETH at wallet 0x218…B7Da2 is currently incurring a floating loss of $1.244 million.

The position was recorded with an Medium opening price of $3,496.31 and an average liquidation price of $3,496.31, indicating the risk of liquidation when the price fluctuates around these levels.

MAIN CONTENT
  • Wallet 0x218…B7Da2 Short 21,820.69 ETH, floating loss of $1.244 million.
  • Medium opening price: $3,496.31.
  • Liquidation price: $3,496.31.

How much loss is my Short ETH position currently in?

Ai Yi stated that the Short position of 21,820.69 ETH at address 0x218…B7Da2 is currently experiencing a floating loss of $1.244 million.

The accompanying data includes a position size of 21,820.69 ETH and a floating loss of $1.244 million. This is an unrealized loss, subject to change depending on the ETH price. The address is specified as 0x218…B7Da2, allowing tracking of position fluctuations on the chain.

Risk threshold: the opening price and the liquidation price coincide.

The position had an Medium opening price of $3,496.31 and an average liquidation price of $3,496.31.

The fact that the Medium opening price and liquidation price are both at $3,496.31 means there is virtually no margin of safety, according to published information. When the ETH price fluctuates around this level, the position may face the risk of liquidation depending on the platform's mechanisms and market conditions at that time.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments