🐋 WHALE WATCH : An ETH position worth over $111 million just looking at the number shows the terrifying level of risk. It has equity of about $15.65 million but is long ETH with a total position value of $111.8 million equivalent to leverage of about 7.15x. Notably the daily PNL is still positive at over $1 million, but the current position is temporarily down about $287000. The displayed liquidation price is around $2176. With a scale like this ETH only needs to fluctuate a few percent for the PNL to change by millions of dollars. This is no longer simply about guessing whether ETH goes up or down its a game of risk management.(Whale Factor)