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On September 25, COINOTAG News cited monitoring firm LookIntoChain, reporting that a large whale position was forcibly liquidated after Ethereum fell below $4,000. The account’s entire long exposure of 9,152 ETH—valued at approximately $36.4 million—was fully closed out via liquidation. Subsequent on-chain metrics indicate the entity’s cumulative losses now exceed $45.3 million, with the remaining account balance reported under $500,000. These figures are drawn from the monitoring report and reflect confirmed on-chain activity, illustrating the impact of leveraged positions on ETH market dynamics during rapid price movements.
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