Unrealized profit of 2.3 million is just on paper; with 25x leverage, a 10% drawdown would trigger liquidation—so intense.

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MarsBitNews
Data: Whale Evaded opened a new position worth $17 million with 25x leverage long ETH, with ZEC and HYPE longs floating profit exceeding $2.3 million
Mars Finance News: According to Onchain Lens monitoring, the whale Evaded (0x865...20d) opened a new position of 8,000 ETH with 25x leverage long, worth 17 million USD.
It still holds ZEC and HYPE 10x leverage long positions, with unrealized profits exceeding 2.3 million USD.
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