Ethereum (ETH) Bloodbath: Largest Whales Get Liquidated

A significant Ethereum whale has been hit by the crash in the market. The trader's position was liquidated at a value of 28,716 ETH, or $69.69 million. Even after incurring such a heavy loss, the whale has not pulled back. It retains 78,955 ETH in long positions, worth roughly $195.57 million, and continues to wager on a market upswing. The current liquidation prices are $2,299.09 and $2,286.28. These levels are significant because they align closely with the chart's crucial support zone. Following a significant drop from $2,700 earlier this week, ETH is now trading near $2,499.

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