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A major whale sells part of their ETH to add margin and avoid liquidation, incurring a loss of approximately $9.88 million
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According to Jinse Finance, Onchain Lens monitoring shows that a certain whale has sold part of their ETH to increase margin in order to avoid liquidation. So far, this whale has incurred a loss of $9.88 million on a 20x leveraged ETH short position and still has an unrealized loss of approximately $18 million.
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