Whale's long position faces liquidation, with this $237 million position showing an unrealized loss of over $40 million

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【BlockBeats】Industry monitoring data shows that a whale related to the short position against ASTER has recently encountered difficulties. Its current long positions are valued at up to $237 million, with an unrealized loss of $40.3 million, approaching the liquidation price.

Specifically, this whale’s holdings are quite complex:

Largest ETH position—holding 57,100 ETH longs, with a total value of $161 million. This position was opened at $3,190, with a liquidation price set at $2,714. The unrealized loss has already reached $20.72 million, and a further drop of over $500 in price will trigger liquidation.

Next is XRP—38.82 million XRP longs valued at $69.98 million, opened at $2.29, with a liquidation price of $1.63. This position has an unrealized loss of $19.03 million, and the risk is equally significant.

And a small HYPE position—230,000 HYPE longs valued at $5.19 million, opened at $24.8, with an unrealized loss of $540,000.

Overall, this whale’s long strategy is currently in deep trouble, and any further decline could trigger a domino effect of chain liquidations.

ASTER1.17%
ETH1.13%
XRP-0.94%
HYPE-1.24%
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LightningPacketLossvip
· 3h ago
It's the same old trick, going all-in and getting stuck.
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AlphaLeakervip
· 13h ago
Another story of a big whale heading towards liquidation, I find it a bit satisfying. Sell, sell, those who run fast survive. This is the consequence of leverage; greed doesn't lead to good outcomes.
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CryptoPhoenixvip
· 13h ago
Another day of harsh lessons from the market, $237 million. This brother is probably going through a rebirth. $500 away... to put it simply, it's a gamble for life, but on the other hand, this is when faith is tested the most. The bottom range is always lower than you think. I’m speaking from someone who survived since 2018.
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On-ChainDivervip
· 13h ago
Haha, this guy is probably going to get liquidated in this wave. Another whale is about to feed the fish. With such a low opening price, losing this much is really incredible. ETH is only about 500 away from liquidation. It must be really painful. That XRP position is also quite risky. This is the price of greed.
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CantAffordPancakevip
· 13h ago
Haha, another liquidation warning. This guy is probably going bankrupt. --- Over 50,000 ETH and still daring to trade like this? Truly brave. --- That XRP position just makes me laugh. The liquidation price is only 1.63, and it's still floating in loss... Should have cut losses earlier. --- A position of $237 million, just five hundred dollars away from liquidation. How stressful is that? --- Look at another long being slaughtered. Contract leverage does more harm than good. --- Counterparty to ASTER? That's interesting. Are they betting on ASTER falling or what? --- Floating loss of 40 million still able to sleep? I might go bankrupt directly. --- A $500 difference... could be liquidated in the next second. So exciting. --- If this isn't liquidated, then it's really a miracle. --- Just by looking at this position, you can see that the era of longs is truly over.
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GasFeeNightmarevip
· 13h ago
It's the same reckless outcome again... --- Haha, another liquidation is coming. This guy really can't hold on anymore. --- 57,000 ETH still dare to open such a position, are you not thinking clearly? --- Waiting to see how this whale dies, a drop to $500 and it's over. --- XRP still has an unrealized loss of nearly $20 million. Let's see how he withstands it. --- This is the price of greed, brothers. --- Honestly, liquidation is imminent. Buyers should stay below and wait for the opportunity.
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SchrodingerGasvip
· 13h ago
The logical flaw in this wave of leveraged stacking is truly outrageous. 57,100 ETH is just $500 away from liquidation, it's like dancing on the edge of a cliff. XRP has a floating loss of nearly $20 million but still stubbornly refuses to accept it, a typical gambler's mentality of being caught in a trap. But to be fair, this kind of extreme position design itself violates basic risk management principles. From a game theory perspective, it's practically a suicidal position configuration.
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MetaverseHomelessvip
· 13h ago
How can this whale be so resilient? It hasn't been liquidated yet. --- It's the same old trick, 237 million just to trigger a big surge. --- ETH dropping 500 bucks and it's all over, really uncertain. --- That XRP position is also quite risky, was it a revenge trade? --- So you're just waiting for this whale to blow up and then harvest liquidity, right? --- The liquidation price is getting closer, this looks really uncomfortable. --- Floating loss of over 40 million, I wouldn't dare play like that. --- Who the hell chased the high to 3190? --- ASTER counterparty, right? Then they should pay up.
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