A whale sold 1,500 ETH to cover margin calls, as unrealized losses on 45,000 ETH long positions widened to $4.8 million.
According to on-chain analyst Auntie Ai (@ai_9684xtpa), a whale holding a 45,000 ETH long position sold 1,500 ETH on-chain two hours ago to mitigate liquidation risk. The trade realized a profit of $618,000, and the proceeds were converted to USDC and added as additional margin on Hyperliquid. The whale's $107 million long position now shows an expanded unrealized loss of $4.8 million. With an entry price of $2,486.37 and a latest liquidation price of $2,173.36, only approximately $207 of downside space remains before the current price reaches the liquidation threshold.
