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14:59
Zcash: Audit of Orchard Pool Supply Underway, Details to be Released Later
BlockBeats News, June 5th, Zcash has announced that it will adopt a new method to audit the recent replenishment of the Orchard Pool, with more details to be announced later today.
14:58
BIT-Related Address Deposits $5.84 Million to Supplement ETH Long Margin
According to monitoring by Lookonchain, a BIT-related address currently holds a floating loss of $78 million on 120,000 ETH long positions. To avoid liquidation, it has deposited $5.84 million in USDC as margin. The latest liquidation prices for the whale's four addresses are: $1,414.51, $1,366.11, $1,360.73, and $1,309.53.
14:56
On-chain Near-Liquidation Whale Adds to Position After Four Months of Leveraged Accumulation, Previously Dormant for 5 Years
BlockBeats News, June 5th, on-chain analyst Ai Auntie (@ai_9684xtpa) provided additional information on the previously reported on-chain liquidation whale as follows: The whale had been dormant for a full five years and woke up four months ago to engage in leveraged longing on ETH. Currently, the two addresses collectively collateralized 104,772.57 WETH to borrow 135 million USDT (including 24,500). The liquidation prices are $1,555.04 and $1,565.72, respectively. This means that a further drop of $35 would trigger liquidation.
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