Urgent: The Ethereum whale is still stuck in a massive $69 million sell order! 🐳💥
A high-stakes Ethereum whale just made a $69 million mistake that could explode soon! 😳
Quick Facts:
🔻 Position: Short Sell, $69,001,707
🔻 Size: -27,610 Ethereum
🔻 Leverage: x25
🔻 Initial Profit: +$47 million (now ended)
🔻 Current Loss: -$7.1 million (-258%)
🔻 Entry Price: $2,241
🔻 Current Price: $2,499
🔻 Liquidation Price: $3,113 (increased)
What does this mean? 🚨
This whale refused to close the sell position, hoping that the price of Ethereum will drop further. But Ethereum is now experiencing a sharp rise. If the price exceeds $3,113, the whale's $69 million sell order will be liquidated - potentially leading to significant selling pressure, driving the price of Ethereum even higher. 📈
Why could Ethereum crush this whale soon?
✅ BlackRock is seeking approval for the Ethereum Exchange-Traded Fund (ETF)
✅ Institutional demand is increasing
✅ Ongoing technical breakout
✅ Supply crisis (storage + tokens)
A liquidation of this size could quickly push the price of Ethereum above $3,500. Don’t miss this explosive event (shared)
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