# Accumulated Long 120,000 ETH Whale Turns from Profit to Loss, Deposits 5 Million USDC Margin Possibly to Avoid Liquidation

ETH-3,77%
USDC0,01%
BTC-3,14%

Gate News reports that on March 22, according to on-chain analyst Ai Yi’s monitoring, a whale address that had accumulated a total of 120,000 ETH has once again shifted from a profit of several tens of millions of dollars to an unrealized loss. Fifteen minutes ago, this address, after 19 days, recharged 5 million USDC as margin to Hyperliquid, possibly to avoid liquidation. Currently, this address holds a 15x long position of 120,000 ETH and a 20x long position of 700 BTC, with a total value of $298 million. The ETH position shows an unrealized loss of $309,000, while the BTC position shows an unrealized profit of $403,000.

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