Whale Adds $9.21 Million in Margin to $397 Million Bitcoin, Ether Longs

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An unidentified crypto whale added $9.21 million in USDC margin to Bitcoin (BTC) and Ether (ETH) long positions valued at about $397 million, lowering the Ether position’s liquidation price by $75. Ether fell as low as $2,282 on Oct. 24. The position’s earlier listed liquidation price was $2,256, a $26 gap from that low based on the listed prices. The holdings included 115,473 ETH valued at about $272 million, with a latest listed liquidation price of $2,181. The trader also held 1,539.5 BTC valued at about $124 million, with a liquidation price of $70,396. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
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