Four whales were liquidated a total of 14,653 ETH this morning, causing ETH to drop by more than 20%
According to on-chain analyst Yu Jin, with the sharp drop this morning, some leveraged ETH whales on the chain were liquidated. The liquidation further pushed down the price, causing ETH's price to fall by more than 20%. Some of the whale addresses that were liquidated include: an address starting with 0x1111 was liquidated for 6,559 ETH to repay a loan of 277.9 WBTC; an address starting with 0x4196c was liquidated for 2,965 ETH to repay a loan of 7.2 million USDT; an address starting with 0x790c was liquidated for 2,771 ETH to repay a loan of 6.06 million USDC; and an address starting with 0x5de64 was liquidated for 2,358 ETH to repay a loan of about five point one seven million USDC.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
Turtle Creek Asset Management Reports Sale of $347,850 in Jeld-Wen Common Shares
GLOBALFOUNDRIES Director Ganesh Moorthy Reports $93,687.50 Share Acquisition
Crypto prices
More
