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Alarm: Whale's 25x leveraged ETH position is only $30 away from liquidation, unrealized losses exceed one million dollars
【ChainNews】The market has been under continuous pressure recently, and a large trader’s leveraged position is on the brink of extreme danger. According to on-chain data monitoring, a well-known trader’s 25x leveraged ETH long position has already triggered partial liquidation, with only a $30 buffer remaining before the next liquidation level — this means that even a slight volatility could trigger the entire position to be liquidated.
What’s even more heartbreaking is that this trader’s account has already fallen into a loss pit. The current floating loss exceeds $1 million, and the total unrealized loss since opening the position has reached $23.6 million. This number is enough to instantly wake people up: the power of ultra-high leverage is terrifying when the market reverses.
This case serves as a stark warning to all leveraged traders — under 25x leverage, a 0.4% price correction can wipe out your entire capital. In the face of market volatility, even the largest accounts can instantly become cannon fodder.