CryptoMedium•9 November 2026•
1 min read
Whale's $118.4M Ether Long Position Liquidated Following Price Drop
Key Facts
1A massive long position containing 56,667 ETH was fully liquidated.
2The cumulative loss from the liquidation amounted to approximately $44.78 million.
A massive long position containing 56,667 ETH was fully liquidated. TokenPost reported that the position, valued at $118.4 million, was closed after a price decline triggered margin requirements that the trader could not meet, resulting in a cumulative loss of approximately $44.78 million.
The forced closure occurred as Ether prices trended downward on November 9, 2026. Such large-scale liquidations of leveraged positions often contribute to immediate selling pressure and heightened volatility across digital asset markets.