
The position, tracked across four linked addresses, shows an unrealized loss of more than $77.047 million while retaining over 6 million USDC in available margin.
A whale tied to address 0xa5b0...1d41 added $8 million in margin overnight to defend a 120,000 ETH long position. On-chain analyst Ai Yi said the trade is spread across four linked addresses, carries an entry point around $2,265, and is sitting on an unrealized loss exceeding $77.047 million. The four positions have liquidation prices of $1,174.6, $1,059.1, $1,064.7 and $1,143.6, with more than 6 million USDC still available as margin. In leveraged crypto trading, adding margin can lower liquidation risk by increasing collateral against an open position.