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[Sell the HYPE and Long ETH Whale] Stop loss triggered, liquidating $1.77 billion long position, resulting in a $31 million loss in 9 days

5 hours ago

On September 2nd, as per Ashes Monitor, the [Whale that sold following the HYPE and then took a long position on ETH] triggered another stop-loss in the early hours today because of the decline in ETH, selling 41,900 ETH (approximately $177 million). After experiencing multiple stop-loss events over 9 days, the total loss reached $31 million. Currently, the whale still holds a long position of 36,500 ETH with a liquidation price of $4099.
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