[Whale's $2.3B ETH Long Liquidated, Sells 50K ETH to Deleverage] Three days ago, a whale suffered a $2.3 billion loss on an ETH long liquidation on Hyperliquid. Now, the ETH bought with spot leverage is also being stopped out: they sold 50,000 ETH ($112.8M) to reduce leverage. Just a week ago (January 27), they went long on 148,000 ETH ($426M) at $2,883 using borrowed leverage, but ETH plummeted straight down to $2,000. This not only caused their ETH long on Hyperliquid to be liquidated, but their leveraged ETH position also approached the liquidation line. Over the past two days, they sold 50,000 ETH to lower the liquidation price to around $1,600. https://(debank.com)/profile/0xca08371f6e9204dd6927dcc2db5504ea062b2998 Currently, they still hold 33,000 BTC ($2.52B) and 748,000 ETH ($1.693B) on-chain, with a total value of $4.213B. OKX