Major ETH Long Position Liquidated as Price Drops Below $4,000

ETH-2,39%

Gate News bot message, Ethereum price fell below the $4,000 mark, resulting in a significant liquidation event. Trader identified as 0xa523 experienced a complete liquidation of their 9,152 ETH long position, valued at $36.4 million. Records show the trader’s total losses have accumulated to $45.3 million, with their account balance reduced to under $500,000.

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