A certain whale sold 25800 ETH to avoid liquidation, resulting in a leverage loss of $31.75 million

According to the monitoring of Yu Jin, a giant whale faced liquidation risks due to long positions in ETH with leverage, and had to sell 25800 ETH (approximately 47.81 million USDT) to lower the liquidation line. This sale occurred 5 hours ago when the ETH price fell to $1853, further exacerbating downward pressure on the market. The giant whale's ETH was initially bought through leverage at an average price of $3084 in July 2024, with a loss of $31.75 million on the leveraged portion alone.