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Trader’s $11.91M ETH Long Sits Just $29 From Liquidation

Grade Abearish AI signal$ETH
A trader’s 5,200 ETH long position, valued at about $11.91 million, has a stated liquidation price of $2,262—just $29 below the referenced market price. The position reportedly showed an unrealized profit of $145,000. The trader increased the position by 1,975 ETH over five hours, from 3,225 ETH at 07:00 to 5,200 ETH. Additions were cited near $2,270 at 07:00 and near $2,310 at 11:00, with an average entry around $2,291. The reported opening average was raised to $2,263, while the liquidation level moved to $2,262, leaving less than $1 between those figures. The account reportedly holds $385,000 against the ETH position, implying leverage of more than 30x. The source also states that a HYPE long was closed at a loss, leaving the ETH position as the account’s only remaining derivatives trade. A 1.3% ETH pullback from the stated price would trigger liquidation, according to the source.

Bullish strength: 38/100

  • The long position still recorded $145,000 in unrealized gains during ETH's rise

Bearish strength: 62/100

  • ETH long position with over 30x leverage is only about 1.3% away from liquidation
  • Continued buying on the rise, with the average entry price extremely close to the liquidation price

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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