Whale holding 93,184 ETH reduces position by 36,517 ETH to avoid liquidation; cumulative losses exceed $38 million

TechFlow reports that on October 30, according to Lookonchain monitoring, a whale holding a 93,184 ETH long position (worth about $214 million) closed 36,517 ETH (worth about $80.56 million) to avoid liquidation. It still holds a 56,667 ETH long position worth about $125 million. After reducing the position, its liquidation prices were adjusted to $2,122.44 and $2,129.72. The whale's cumulative losses have exceeded $38 million.

Source: TechFlow