Urgent and a warning to the community!

A massive whale buys 8,613 ETH using leverage… and liquidation looms on the horizon!

According to BlockBeats On-chain Detection data, a massive whale just used leverage to purchase 8,613 Ethereum worth over 22.43 million dollars, at an average price of $2,612.33.

The surprise?

The whale has collateralized the same amount to borrow 10 million dollars, and the safety margin is now only 1.86!

⚠️ If the price of Ethereum drops to $1,399… his position will be completely liquidated!

Such a move could open the door to massive sell pressure if prices begin to drop.

Are we facing a ticking time bomb in the Ethereum market?

Be cautious — and share your opinion!#BinanceAlphaAlert $BTC $ETH $BNB