A whale's 263 million position is on the verge of liquidation, forcing the sale of 1,316.8 ETH.
TechFlame
2025-11-18 03:40
TechFlame2025-11-18 03:40
English
According to TechFlame, as monitored by analyst Ember, a whale investor who has been heavily accumulating crypto assets through a revolving loan method is now facing severe liquidation risks. On-chain data reveals that this investor accumulated $263 million worth of WBTC and ETH over the past three months, but the recent continuous market downturn has pushed their positions to the brink of liquidation.
To avoid forced liquidation, the investor was recently compelled to sell 1,316.8 ETH in exchange for 4.017 million USDT to repay part of the debt. Despite this, they still have a substantial USDT loan of $146 million on the Aave platform, with a health factor of just 1.05.
Data shows that the whale's crypto asset costs are quite high: the average purchase price for WBTC was $116,762 and for ETH was $4,415, resulting in an unrealized loss of approximately $65.49 million. If Bitcoin and Ethereum drop by another 5%, their positions will face forced liquidation, and part of the collateral will be sold to repay the outstanding debt.