A whale liquidated a leveraged long position of 12,400 ETH, realizing a profit of 400 ETH.
BlockBeats News, April 18th, according to EmberCN monitoring, a whale sold 12,400 ETH that was used for leveraged longing, realizing a profit of 400 ETH ($950,000).
In February, the whale borrowed $28 million USDT from Aave to buy 12,802 ETH at an average price of $2,187. In the past few days, after the ETH price increased, the whale sold a total of 12,402 ETH to repay the loan with $28.16 million USDT, at an average selling price of $2,271.
The whale accumulated debt to buy 12,802 ETH, sold 12,402 ETH to repay the loan, and earned 400 ETH in profit.
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
Japan’s Takaichi says in close contact with US financial authorities on currency market
A bitcoin address dormant for 16.2 years has been activated, containing 50 BTC

Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
