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Crypto Whale Loses $4.5 Million in Risky Ethereum ($ETH) Leverage Play

Crypto Whale Loses $4.5 Million in Risky Ethereum ($ETH) Leverage Play


CryptoGlobe
2024-04-18 02:42:00

A large cryptocurrency whale has lost over $4.5 million after attempting to leverage their long position on the second-largest cryptocurrency by market capitalization, Ethreum ($ETH) twice, having had to repay their debt on a decentralized protocol as the price dropped. According to on-chain analysis service Lookonchain, the whale first lost around $500,000 after taking out


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