Ethereum Holder Faces $16.3M Loss as ETH Nears $1,860
A significant Ethereum holder, with a position of 120,000 ETH valued at approximately $230 million, is currently experiencing a substantial unrealized loss. As Ethereum’s price hovers around $1,860, this major long position is now facing a loss exceeding $16.3 million. The market’s recent movements have put pressure on large holders, highlighting the volatility and risk inherent in cryptocurrency investments.
