Thrilling ten minutes! The big player risks everything to save 570 million positions
Another exciting drama unfolds in the blockchain circle! Today, a whale player holding 57,000 ETH (worth about 1.6 billion) saw the price of ETH dropping to the liquidation line and was on the verge of a margin call, making a desperate move in the last 10 minutes. This guy aggressively sold 3,920 ETH (about 11 million USD) to exchange for stablecoins to repay debts, finally pushing the liquidation line down from the original high to 1,495 USD. Now he still holds 53,000 ETH, and for the time being, he can breathe a sigh of relief.
One must say this guy is quite bold, timing his sell-off just ten minutes before the liquidation to repay debts, playing a high-stakes game with the market. Although he has stabilized for now, if the ETH price drops below 1,495 USD again, he will still face forced liquidation. This move has left onlookers in shock, and the crypto world truly never has a dull moment!
Following along with Yong Ge, using precise strategy analysis and selecting from a massive amount of AI big data to secure an undefeated position? The market never lacks opportunities; the question is whether you can seize them. Only by learning from experienced people and aligning with the right individuals can we earn more!
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