Whale holding a 98,000 ETH long position faces liquidation risk, with a position value of approximately $252 million.

On October 8, according to on-chain analytics platform Lookonchain (@lookonchain), a whale holds a long position of 98,089 ETH (worth approximately $252.3 million) with liquidation prices of $2,446.48 and $2,424.47 respectively, which are extremely close to the current spot price, posing an extremely high liquidation risk.