Whale Faces $31.84M Unrealized Loss on $261M Long Positions, ETH Liquidation Set at $2,528

A whale holding long positions worth $261 million is facing an unrealized loss of $31.84 million, with liquidation prices set at $2,528 for ETH and $1.55 for XRP, EmberCN reports. The trader opened positions valued at nearly $300 million in ETH and XRP after closing a short position in ASTER. Recent market declines have resulted in significant losses on these holdings.