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Data: A Whale Used a Margin of $9.67 Million to Go Long 20,000 ETH with a Leverage of 4x.
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According to ChainCatcher, on-chain analyst Ai Yi monitored that a whale opened a 4x leveraged long position of 20,000 ETH half an hour ago, with a position value of $38.71 million, an average entry price of $1,936, and used $9.67 million in margin, resulting in a margin utilization rate of 100.3%.
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