Digital Currency

Add as a preferred source on Google

Whale's Ether (ETH) Long Is Fully Liquidated With $44.78 Million Reported Cumulative Loss

The position held 56,667 ETH and had a stated value of $118.4 million. Ether traded at $2,126.08, up 0.04% over 24 hours, as of 5:30 p.m. ET (22:30 UTC).

Updated 1 min read
An editorial graphic shows a grid of token shapes ending at a liquidation marker. / EconoTimes.ai (mono)
An editorial graphic shows a grid of token shapes ending at a liquidation marker. / EconoTimes.ai (mono)

A whale's Ether (ETH) exposure ended when liquidation closed its entire 56,667 ETH long, which had a stated value of $118.4 million and a reported cumulative loss of $44.78 million.

At $118.4 million, the position's stated value was separate from its reported cumulative loss of $44.78 million. These amounts cover the individual trade and do not indicate total Ether liquidation activity.

A long position would benefit from a rise in Ether's price. Liquidation ended that exposure for the whale, and the figures apply to this trade alone.

Ether traded at $2,126.08, up 0.04% over 24 hours, as of 5:30 p.m. ET (22:30 UTC). That quote gives the asset’s market price at the time; the $118.4 million and $44.78 million figures describe the position’s stated value and reported cumulative loss.

Related articles

View all