COINOTAG News, December 14 — according to Onchain Lens analytics, a whale has fully unwound a 7x ETH long position, realizing a loss of $3.34 million.
Collectively, the run-down amounts to over $3.62 million, highlighting the volatility in the ether market and the impact of large-cap liquidity events on price discovery.
Analysts will monitor subsequent on-chain activity to assess shifts in risk appetite, liquidity depth, and the near-term trajectory of ETH amid evolving market sentiment.