Digital Currency
Add as a preferred source on GoogleThe 18,080 ETH positions had a combined value of $43.9 million.
The address’s reported loss was $1.14 million. Separately, 13 liquidations involved Ether short positions totaling 18,080 ETH, valued at $43.9 million.
A $1.25 million USDC deposit preceded the address’s short positions. The address was created nine days before the Oct. 28 report.
The USDC Treasury was named in the Oct. 27 issuance, which was valued at about $250 million; a separate batch was dated Oct. 25.
Coinbase Institutional received two Bitcoin (BTC) deposits; a USD Coin (USDC) transfer left USDC Treasury, while one Tether USDt (USDT) transfer went to Tether Treasury.
The first notice and resolution were 64 minutes apart. Coinbase did not disclose when the incident began or how many users were affected.
