sell

Large ETH Long Position with Significant Unrealized Loss

The trader has taken a long position in ETH with a sizable 4,631.9192 ETH, entering at approximately $2,928.84. The liquidation threshold stands at about $1,986.54, with a leverage of 3x, using isolated margin mode. The margin balance is over $4.49 million, and the current position value is approximately $13.51 million, showing a unrealized loss of roughly $52,531.37, and no funding fee has been incurred.
Source available for registered users Sign Up Free

AI Analysis

This position indicates a significant bullish stance on Ethereum, with the trader committing a substantial amount of capital and utilizing leverage to amplify potential gains or losses. The entry pric...

AI Recommendation

Given the significant unrealized loss and the proximity to the liquidation point, it is advised that the trader reevaluate their position. If the market continues downward, they risk liquidation, whic...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: