The health of the whale who shorted the ETH/BTC exchange rate by pledging 2647.9 WBTC and lending 29480 ETH has risen to 1.39
As monitored by on-chain analyst Yu Jin, as the ETH/BTC exchange rate fell again to the 0.05 level, a whale who shorted the ETH/BTC exchange rate (borrowed 29,480 ETH by pledging 2,647.9 WBTC near 0.0525 and transferred it to Coinbase) has started to profit. The health of the loan has risen from an initial 1.28 to 1.39. Meanwhile, the whale who has been longing for the ETH/BTC exchange rate since March 2023 has seen the health of the loan drop to 1.02, once again approaching the liquidation line.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SOL and Meme Coins Are Booming Again
Leading Crypto Presale: Nexchain’s Stage 11 Hits $1.5M with $NEX at $0.042
You can participate in the ongoing Nexchain's presale and gain exposure to one of the leading AI crypto projects before the major exchanges.
Ethereum’s “Trillion Dollar Security” Boosts Onchain Safety
Ethereum Foundation unveils "Trillion Dollar Security" to enhance wallet, UX, and smart contract security.A Step Toward Mass Adoption
Tokenized U.S. Equities: Breakthrough or Just Hype?
Are tokenized U.S. equities the future or just noise? Explore their roots, market trends, and regulatory roadblocks.Where It All Began: From STOs to Tokenized StocksRegulatory Hurdles and the Real-World GapSymbolic Progress, Real Potential
Trending news
MoreCrypto prices
More
