ETH Whale Sells 2,000 ETH Just Above $4,668 Liquidation Price, Lowers Trigger to $4,658

COINOTAG News on August 25 cites on-chain analyst Yu Jin, reporting that during a rapid sell-off a large ETH long faced an imminent liquidation price near $4,668. To avoid forced exit the whale closed 2,000 ETH just above that level, a move that adjusted the position’s liquidation threshold down by about $10 to $4,658. According to the monitoring, the account still retains roughly 23,100 ETH with a posted margin of approximately $740,000, valuing the holding near $108 million and showing an unrealized profit of about $2.63 million. These figures reflect on-chain data shared by the analyst.

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Source: https://en.coinotag.com/breakingnews/eth-whale-sells-2000-eth-just-above-4668-liquidation-price-lowers-trigger-to-4658/