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#ETH5L 5 times more and less will not get liquidated, provided that you can buy in the right direction, and regarding the hedging mechanism for ETF products, for it to rise to the original price position of ETH5L, the ETH spot needs to rise to a higher price. Moreover, there is also a merging mechanism, under which it is even possible to wipe out several zeros from the holders' coins. For example, if you have 10,000 ETH5L, you might only be left with 10 ETH5L. It’s a really annoying rule.