Gate News bot message, Ethereum price fell below the $4,000 mark, resulting in a significant liquidation event. Trader identified as 0xa523 experienced a complete liquidation of their 9,152 ETH long position, valued at $36.4 million. Records show the trader’s total losses have accumulated to $45.3 million, with their account balance reduced to under $500,000.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock: Institutions Focus on Bitcoin and Ethereum, AI Viewed as Key Driver for Crypto Markets
Jinse Finance reports that on March 25, Robbie Mitchnick, Head of Digital Assets at BlackRock, stated that institutional investors are concentrating their cryptocurrency asset allocations in Bitcoin and Ethereum, with limited interest in most other tokens, which they believe lack long-term value. Additionally, he pointed out that artificial intelligence will become a more important long-term driving factor than cryptocurrency assets, and emphasized that cryptocurrency as "computer-native currency" has natural synergies with AI's "computer-native data and intelligence."
金色财经_16m ago
Altcoins' Appeal Fades! BlackRock: AI Compute-Native Currency Thesis Will Drive Next Bull Market
BlackRock's Head of Digital Assets, Robbie Mitchnick, stated that the cryptocurrency market is consolidating around a few mainstream tokens, mainly because many altcoins lack long-term value. He believes that the symbiotic relationship between AI and cryptocurrencies will drive future bull markets, especially as Bitcoin miners shift toward AI businesses, highlighting the potential synergy between the two.
MarketWhisper39m ago
7 new wallets withdrew 74,959 ETH from a certain CEX within 16 hours, valued at approximately $161.3 million
Gate News: On March 25, according to Onchain Lens monitoring, within the past 16 hours, 7 newly created wallet addresses withdrew a combined total of 74,959 ETH from a certain CEX, valued at approximately $161.3 million. These assets were subsequently transferred to other wallet addresses.
GateNews56m ago