ETH Whale Sells Altcoins to Avoid Liquidation: Price Drops to $1781

ETH

ETH/USDT

$2,466.76

-1.46%

$2,466.76

-1.46%

(24s)

24h Volume

$8,691,299,415.40

24h H/L

$2,511.40 / $2,463.00

Change: $48.40 (1.97%)

Long/Short

57.4%

Long: 57.4%Short: 42.6%

Funding Rate

+0.0024%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,468.01

▼ -0.89%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,569.12

Resistance 1$2,500.53

Price$2,468.01

Support 1$2,435.25

Support 2$2,378.32

Support 3$2,251.94

Pivot (PP):$2,497.60

Trend:Uptrend

RSI (14):61.1

On March 30, COINOTAG reported that a significant player in the cryptocurrency market, designated as a 60.8k ETH Near Liquidation Whale, has executed a strategic divestment of altcoins. This move was aimed at repaying a substantial 980k DAI, effectively adjusting the liquidation threshold from $1805 down to $1781. The recent transaction has resulted in both whale addresses being perilously close to liquidation, exhibiting a current liquidation value of approximately $1780. Such tactical maneuvers underscore the volatility inherent in the crypto landscape and highlight the ongoing market dynamics that can precipitate rapid changes in liquidity positions.