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Whale Accumulates $6.26M in UNI Amid Ethereum Price Volatility

Blockchain analyst Ai Aunt reports an Ethereum whale holding over 31,700 ETH in leveraged long positions is nearing liquidation after ETH fell toward critical price levels.

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UNI

Summary

On August 18, blockchain analyst Ai Aunt disclosed that an Ethereum whale who opened $125,000 leveraged long positions is now at an unrealized loss of about $580,000 after ETH fell below $4,300. The whale’s two tracked addresses hold 23,011 ETH at an entry price of $4,314.10 with a liquidation price of $4,172.40, and 8,752.94 ETH at an entry price of $4,324.68 with a liquidation price of $4,207.65.

Terms & Concepts
  • ETH: Short for Ether, the native cryptocurrency of the Ethereum blockchain, used for transactions, smart contracts, and network fees.
  • Liquidation Price: The specific price at which an exchange will automatically close a leveraged position to prevent further losses when margin requirements are not met.
  • Leveraged Long Position: A trading strategy where borrowed funds are used to increase the size of a bet that an asset's price will rise.