Ethereum Whale at Risk: $380M 86,800 ETH Long Nears $4,344 Liquidation as ETH Trades $4,386

COINOTAG News (Aug. 29) cites Ashes Monitor reporting that a prominent Ethereum long position is approaching liquidation. The holder’s 86,800 ETH stake (about $380 million) is showing an unrealized loss of up to $19.27 million, with a reported liquidation price at $4,344 versus the current ETH price near $4,386.

The narrow margin between spot and liquidation levels places the position within the market’s immediate risk band. Institutional traders and risk managers will likely monitor order books, funding rates and margin requirements closely to assess potential liquidity impacts and execution risk without presuming forced outcomes.