Ethereum Whale Increases Long to 66,700 ETH ($286M) — Now Down $26.1M with $4,214 Liquidation Price

COINOTAG News on August 29 reported that monitoring firm EmberCN observed a whale add collateral to an existing long position, increasing exposure to 66,700 ETH (approximately $286 million). The position’s current liquidation price is listed at $4,214. EmberCN data indicates the long was opened four days ago and has incurred a paper loss of roughly $26.1 million. These on-chain adjustments materially alter the position’s margin profile and potential liquidation dynamics. Market participants and risk managers should monitor on-chain liquidity and liquidation metrics to assess any downstream effects on ETH order books and funding rates.