👉👉Ethereum Whale Left 20 Million in a Single Candle in the Local Bottom Region! 👈👈
The sudden drop in the Ethereum price caused a large whale's $19.69 million futures position to be liquidated, once again revealing the risks in the market.
According to data from the on-chain analysis platform Lookonchain, this price movement on December 10 caused a significant loss for the large Ethereum whale. With the Ethereum price falling to $3,613, this whale lost its $19.69 million position. The price fell to $3,626, and the price at which the whale was liquidated was almost recorded as the local bottom.
This incident once again revealed that high volatility in the market can negatively affect even large investors.
Analysts stated that this liquidation was part of a general downtrend in the market and that the whale could not provide enough collateral to protect its position. It was stated that investors who trade using high leverage in particular face more risks of this kind.
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