The "CZ counterparty"whale long a floating loss of over $15.7 million, with the ETH long position liquidated at $2569.42.
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TL;DR
A whale linked to 'CZ' suffered over $15.7 million in floating losses on leveraged ETH and XRP long positions, with ETH liquidated at $2,569.42, losing $19.5 million in a month.
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EthereumSmart ContractsLayer 1whaleETHXRPliquidationlosses
On December 15th, according to HyperInsight monitoring, the long positions in ETH and XRP held by the whale address (0x9ee), the counterparty to "CZ," have accumulated a floating loss of $15.74 million, including:
• A 15x long of over 57,000 ETH resulted in a paper loss of $4.08 million, with a liquidation price of $2,569.42.
• A 10x long of over 38,000 XRP resulted in a floating loss of $11.66 million, with a liquidation price of $1.1691.
The address lost $3 million in a single week and a staggering $19.5 million in a single month.