Lookonchain: $ETH whale fully liquidated on $118.4M long, loses $44.78M in market crash

AI Market Summary

A $118.4M ETH long was fully liquidated during a market crash, costing the trader $44.78M, while another large whale closed part of a $214M long to avoid liquidation. The forced deleveraging highlights elevated leverage stress and cascade risk in ETH, reinforcing near-term bearish sentiment and likely increasing volatility as remaining positions sit close to liquidation thresholds.

Impact level

● High

Affected assets

ETH/USDT-5.55%

AI Insight · ETH/USDTAI Insight

▼ Bearish

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A large $ETH bull was fully liquidated on a 56,667 $ETH ($118.4M) long during the market crash, losing $44.78M in total. A whale with a 93,184 $ETH ($214M) long closed 36,517 $ETH ($80.56M) to avoid liquidation and still holds 56,667 $ETH ($125M). New liquidation prices are $2,122.44 and $2,129.72. The whale has lost more than $38M in total. Link:

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