PANews reported on December 19th that, according to on-chain analyst Yu Jin, the "whale who shorted ASTER after CZ posted his holdings" was only $28 away from liquidationPANews reported on December 19th that, according to on-chain analyst Yu Jin, the "whale who shorted ASTER after CZ posted his holdings" was only $28 away from liquidation
CZ's counterparty, a whale, currently holds a $237 million long position with a floating loss of $40.3 million, and its ETH long position is once again on the verge of liquidation.
PANews reported on December 19th that, according to on-chain analyst Yu Jin, the "whale who shorted ASTER after CZ posted his holdings" was only $28 away from liquidation on his ETH long position. The subsequent ETH rebound allowed him to recover from a $44 million unrealized loss. However, because he didn't close his position but instead added to it, as ETH fell back to $2800, he is now very close to his liquidation price again, only $100 away.
He currently holds long positions worth $237 million, with a paper loss of $40.3 million.
- 57,100 ETH ($161 million), opening price $3,190, liquidation price $2,714, unrealized loss of $20.72 million;
- 38.82 million XRP (US$69.98 million), opening price US$2.29, liquidation price US$1.63, unrealized loss US$19.03 million;
- 230,000 HYPE tokens ($5.19 million), opened at $24.80, with a floating loss of $540,000.
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