2026-01-09 02:25:08

A well-known investor recently experienced a rollercoaster in their Ethereum leveraged position. According to on-chain data tracking, this major account previously had an unrealized profit exceeding $1.1 million, but now finds itself in adversity.

Their current holdings are quite risky. They are long 9,800 ETH with 25x leverage, with a liquidation price set at $2,978.30, and are currently showing an unrealized loss of $400,000. Additionally, they hold 272,000 HYPE tokens with 10x leverage, with a liquidation price at $20.7599, and an unrealized loss of $184,000.

From a paper profit of $1.1 million to a near $600,000 loss, this reflects the extreme volatility of the current cryptocurrency market. High leverage not only amplifies gains but also magnifies risks. The speed at which market sentiment shifts is enough to cause holders to experience a sudden and significant loss of wealth.

ETH0.19%

HYPE-1.48%

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DeFiGrayling

· 01-09 02:51

Still daring to play with 25x leverage, really tired of living This guy is just one breath away from liquidation, scared me to death Over a million can't hold up, leverage is still too intense That's why I only dare to do 2x, stability is the way to go

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PretendingToReadDocs

· 01-09 02:50

That's why I never touch 25x leverage; staying alive is more important than making money.

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BlockchainBrokenPromise

· 01-09 02:44

Playing ETH with 25x leverage, now it's really not fun anymore... From 1.1 million to -600,000, this fluctuation is incredible. Luckily, it's not my money haha

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BearMarketBuyer