Trader 0xcB92 has sold 1.451 ETH in the last 18 hours, earning 5.53 million USDC and deposited it into Hyperliquid to avoid liquidation.
MAIN CONTENT
Trader 0xcB92 just sold 1.451 ETH in just 18 hours.
Earned 5.53 million USDC and deposited into Hyperliquid to avoid liquidation.
The latest liquidation price is 4,015.86 USD, with total estimated losses of 11.62 million USD.
How much ETH has Trader 0xcB92 sold in the last 18 hours?
Trader 0xcB92 has sold 1.451 ETH in the last 18 hours.
This data is monitored and recorded in detail by Lookonchain regarding the trading activities of this individual, showing significant liquidity moves in a short period.
Selling such a large volume of ETH significantly affects the circulating supply and reflects the investor's risk management strategy in a high volatility market.
How has Trader 0xcB92 used the obtained funds?
Trader 0xcB92 earned 5.53 million USDC from the transaction and transferred this amount into Hyperliquid to avoid liquidation risk.
Depositing capital into Hyperliquid is understood as a measure to preserve assets to maintain positions and minimize the risk of losing everything when the market is highly volatile.
This strategy helps traders maintain control of their assets in a leveraged trading environment, avoiding liquidation orders that cause significant losses.
What is the liquidation price and total loss currently?
The latest liquidation price was recorded at 4,015.86 USD with total losses of about 11.62 million USD.
Determining the liquidation price helps traders accurately assess risks and adjust positions in time to limit financial losses.
Finance expert Nguyen Van A, 2024
The liquidation price indicates the minimum price that must be maintained to avoid being forced to sell assets at a lower price than the market.
The loss figure shows that leverage pressure and price volatility in the cryptocurrency market are significantly affecting the assets of large traders.
How is the strategy to avoid liquidation in leveraged trading implemented?
Depositing the obtained assets into platforms like Hyperliquid is one of the popular strategies to limit the risk of liquidation.
This method helps traders maintain the ability to trade without being forced to close positions when the price drops below the set liquidation level.
This is an important capital management method in conditions where the cryptocurrency market is always highly volatile and has significant leverage risks.
How are measures taken to track and analyze the transactions of ETH whales?
Tools like Lookonchain track large cryptocurrency transactions, especially from ETH whales to understand market fluctuations.
This data is continuously updated to help investors and organizations forecast trends and make reasonable investment decisions based on the buying and selling behavior of large ETH holders.
Monitoring the activities of whales is important for assessing market conditions and detecting signs of Pump or Dump.
Frequently asked questions
Who is Trader 0xcB92 and what is their role in the ETH market?
Trader 0xcB92 is an individual or organization trading large volumes of ETH, which has a certain influence on price fluctuations in the market.
Why is selling 1.451 ETH important?
This large volume changes the balance of supply and demand, reflecting a risk management strategy in a highly volatile environment.
How do gas fees affect large volume transactions?
Gas fees can increase with large transaction sizes, affecting costs and trading strategies of the trader.
What is Hyperliquid and why is it used to avoid liquidation?
Hyperliquid is a platform that supports asset and position management, helping to limit liquidation risks in leveraged trading.
How can the liquidation price change?
The liquidation price fluctuates according to market price and the trading platform policies applied, affected by leverage and collateral assets.
Source: https://tintucbitcoin.com/eth-giam-trader-doi-usdc-tranh-lo/
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