PANews reported on February 1st that, according to on-chain analyst Yu Jin, a whale holding a massive long position of $230 million for nearly two months had itsPANews reported on February 1st that, according to on-chain analyst Yu Jin, a whale holding a massive long position of $230 million for nearly two months had its
The "whale that used $230 million to go long" has been liquidated, but still holds $4.8 billion in assets.
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PANews reported on February 1st that, according to on-chain analyst Yu Jin, a whale holding a massive long position of $230 million for nearly two months had its entire position liquidated at 2:43 AM today when ETH fell to $2.2k. This whale lost all of the $230 million USDC it had transferred to Hyperliquid in early December. The whale also held assets worth $4.8 billion (901,000 ETH + 33,000 BTC).
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