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Crypto & Bitcoin

Crypto Whale Loses $11.27 Million in Seven Days, Has $562,000 Left

Reported by Enna Lee, TokenPost

Image: TokenPost

A crypto whale known as “麻吉大哥” has lost $11.27 million over seven days, leaving an account balance of about $562,000 while a large leveraged Ether position remains open. The account still holds 7,150 Ether (ETH) in a 25x long position valued at approximately $17.86 million. Its liquidation price is $2,472.78, only $26.52 below Ether’s current price. The whale reduced the position twice Tuesday, realizing losses of $1.01 million and $12,000, respectively. The remaining position keeps the account exposed to sharp price movements because the leverage magnifies both gains and losses.

This is an excerpt. The reporting belongs to TokenPost.

Read the full report on tokenpost.com
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