Whales Lose Millions in Ethereum Liquidations
Recent market volatility resulted in significant losses for Ethereum whales, including a nearly $70 million loss and heavy liquidations on long and short positions.
Recent market volatility has impacted large-scale traders, with data from CryptoRank highlighting severe losses across multiple accounts. According to CryptoRank, one Ethereum whale lost nearly $70 million in ETH during the downturn.
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In a separate incident highlighted by CryptoRank, another prominent market participant suffered severe losses after getting caught on both long and short positions during the recent price swings.
Key facts
- One whale lost nearly $70 million in ETH, according to CryptoRank
- Another participant faced liquidation on both long and short positions
Source: news.google.com
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