A dormant Ethereum whale recently woke up and sent $228.6 million worth of Ethereum to Bitfinex before a recent price crash. The cryptocurrency market experienced $2.2 billion worth of liquidations in just 24 hours, causing Ethereum to plummet over 20%. Nearly $480 million worth of ETH long positions were liquidated, with Bitcoin being less affected. Meanwhile, a whale who shorted ETH before the crash currently has an unrealized profit of over $30 million.



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