An unidentified trader put $9.21 million in USD Coin (USDC) toward the margin backing two longs, one in Bitcoin (BTC) and one in Ether (ETH); the Ether liquidation level was listed at $2,181.
The updated figure was $75 beneath the previous $2,256 listing. At its Oct. 24 low of $2,282, Ether remained $26 above the earlier $2,256 threshold.
Together, the positions were listed at about $397 million. The listed holdings broke down to 115,473 ETH, marked at about $272 million, and 1,539.5 BTC, marked at about $124 million.
The Bitcoin position had a listed liquidation price of $70,396.
