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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Ethereum Whale Left 20 Million in the Local Dip Area with Just One Candle! - Coin Bulletin
The sudden drop in Ethereum price once again highlighted the market risks as a large whale was liquidated in a $19.69 million futures position.
According to data transferred by the on-chain analysis platform Lookonchain, the drop on December 10th proved costly for the Ethereum whale.
With the price dropping to 3.613 dollars, the whale in question suffered a $19.69 million futures liquidation. During these declines, the price of Ethereum dropped to 3.626 dollars, and the price at which the whale was liquidated almost became a local bottom.
This situation once again highlighted that the volatility in the market can seriously affect even the big players.
Analysts noted that this liquidation is part of the overall downward trend in the market and indicated that the whale could not provide enough collateral to maintain its position. In particular, it was emphasized that investors trading with high leverage are more exposed to such risks.