Ethereum Whale Closes 7x ETH Long, Suffering $3.34M Loss; Total Loss Tops $3.62M

ETH

ETH/USDT

$1,706.46

-2.66%

$1,706.46

-2.66%

(24s)

24h Volume

$11,993,585,573.75

24h H/L

$1,754.62 / $1,671.79

Change: $82.83 (4.95%)

Long/Short

72.2%

Long: 72.2%Short: 27.8%

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,707.38

▼ -0.22%

Volume (24h): -

Resistance Levels

Resistance 3$1,872.11

Resistance 2$1,778.28

Resistance 1$1,710.49

Price$1,707.38

Support 1$1,681.12

Support 2$1,613.66

Support 3$1,505.96

Pivot (PP):$1,709.39

Trend:Downtrend

RSI (14):38.4

COINOTAG News, December 14 — according to Onchain Lens analytics, a whale has fully unwound a 7x ETH long position, realizing a loss of $3.34 million.

Collectively, the run-down amounts to over $3.62 million, highlighting the volatility in the ether market and the impact of large-cap liquidity events on price discovery.

Analysts will monitor subsequent on-chain activity to assess shifts in risk appetite, liquidity depth, and the near-term trajectory of ETH amid evolving market sentiment.

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