A enormous cryptocurrency salesman, known as a whale, lost over $ 308 million in an ether position, emphasizing the risk of trading leveled in unstable market conditions.
An unknown cryptographic trader was liquidated in their 50 -fold long position for over 160 234 ether (ETH), worth over $ 308 million at the time of writing, Hippo The data show.
Positions of levers exploit borrowed money to raise the size of the investment, which can raise the amount of profits and losses, making risky trade in lever compared to regular investment items.
Cryptographic trader’s address showing transactions. Source: Hipurscan
Crypto Whale opened the initial 50 -fold position when ETH trades at USD 1900, with a liquidation price of USD 1,877.
Source: Lookonchain
According to the intelligence company Onchain Lookonchain, the whale turned all his shares of Bitcoin (BTC) in the Ether trade in the LARWEDED trade before he suffers from liquidation.
The liquidation took place during an increased variability, because both cryptocurrencies and conventional markets are confined by global fears about the trade war due to the latest retaliation tariffs of the European Union.
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Ether risk correction up to $ 1,800 among tariff fear, ETF of outflows
The price of etern has fallen by over 53%since he began to operate on December 16, 2024, after he reached the peak above USD 4,100.
ETH/USD, 1-day chart, lowering. Source: Cointelegraph/ TradingView
According to Bitfinex analysts, the main causes of Ether’s inheritance are ongoing macroeconomic fears and a lack of construction activity in the Ethereum network.
“The lack of new projects or builders going to ETH, primarily due to high operational fees, is probably the main reason for the poor efficiency of ETH. […] We believe that in the case of ETH 1800 $ will be a strong level for watching, “said CointeLgraph analysts.
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“However, the current sale is not perceived only in ETH, we have seen market correction, because the fears associated with the impact of tariffs achieved all risk assets,” they added.
Ether exchange funds in the USA (ETF) also limit the advantages of Eterra.
Total influx of ether. Source: Sosovalue
ETF from the USA ETHE entered the fourth week of negative net outflows, after over $ 119 million of outflows saw last week last week, last week, Soacal The data show.
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