The position of the whale longing Ethereum (ETH) against Bitcoin (BTC) is at risk of liquidation again.
The whale, who opened a long position on the ETH/BTC parity, believing that Ethereum will rise against Bitcoin, is again in a cold sweat. According to the information provided by the on-chain data platform DeBank, a cryptocurrency investor $75 million Ethereum position faced the risk of liquidation again.
The decentralized finance protocol of the investor in question Aave (AAVE) There is an Ethereum long against Bitcoin. Investor 33,578 ETH balance, 1.556 million USD Coin (USDC) collateral and approximately 1,464 WBTC worth $64 million It looks like he is in debt.
Ethereum, which showed a bad performance against Bitcoin last year and at the beginning of this year, had put the same investor in trouble before. The investor was saved from liquidation as a result of a short-term rise in ETH/BTC at that time. Current investor position 1.02 It is positioned at a critical health rate such as.
According to Tradingview data ETH/BTC The pair has been working as a support zone for a while nowin the 0.0503 band positioning.