One whale fully liquidates all ETH leverage at 7x, with an unrealized loss exceeding $3.6 million.

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【Block Rhythm】On December 14th, a major whale address delivered bad news — this big holder has liquidated their 7x ETH long positions. Even more heartbreaking, this single operation resulted in a direct loss of over $3.34 million.

Digging deeper into the data reveals an even more shocking picture: the total loss of this whale account has exceeded $3.62 million. From on-chain data, it’s clear that this former large trader took a significant hit in this round of the market. ETH leverage trading has never been simple, and a 7x leverage ratio amplifies the risks brought by market volatility — this exit perfectly demonstrates the dual-edged nature of high leverage.

ETH-1.5%
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failed_dev_successful_apevip
· 12-17 04:36
Playing ETH with 7x leverage is still too greedy; 3.62 million USD just disappeared like that, it hurts. --- This guy should learn the hard way; greed is insatiable, swallowing the elephant. --- Another story of leverage; when will people learn to cut losses? --- Oh dear, the 7x long position was completely wiped out. This is what you call playing with fire and self-immolation. --- Whales are also falling into traps; retail investors still dare to use leverage? Laughing to death. --- Lost 3.62 million; this time the bleeding is heavy. --- High leverage is a trap; someone always jumps in every time. --- Another big player being taught a lesson by leverage; when will it end? --- 7x leverage, a dream that turned empty; losing 3.62 million. This wave is a tuition fee paid.
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GateUser-9ad11037vip
· 12-16 14:19
7x leverage liquidation of 3.62 million, truly a case of greed knows no bounds—this loss hurts a bit --- Even big whales can stumble, so retail investors should just play it safe --- Leverage—when you're winning, you think you're a genius; when you lose, you realize what ruthlessness really means --- Losing 3.62 million—how many days would it take to recover? Or does it even matter anymore? --- ETH isn't looking good; this round of the market doesn't seem that simple --- 7x leverage—this guy really dares to play, and he also dares to lose --- Even on-chain big players are like this, and we're still dreaming of turning things around --- Just sold off and got wiped out again; this rhythm leaves no time to react
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GasFeeTearsvip
· 12-16 12:59
7x leverage completely wiped out, losing 3.62 million USD just like that. This guy is really ruthless. --- Even whales are crashing, and us small retail investors still dare to play with leverage—truly courting death. --- Another textbook case of high leverage. Looking at these data, I feel reassured, which means I’m not that bad. --- Cleared out my position with a loss of 3.34 million. What kind of mentality is that? I only have a few thousand in my account and I can't sleep well. --- 7x ETH leverage? Isn’t that just gambling on the market? Eventually, you’ll have to pay up. The game of the rich is different. --- A loss of 3.62 million—this amount could have made me comfortable for three generations... But how is he still alive? --- Wow, even whales have their crashes. Suddenly, I feel like I’m doing okay. --- This operation is a living, bloody lesson. Next time I see someone showing off high leverage, I’ll just block them.
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ChainSauceMastervip
· 12-14 20:08
Playing with 7x leverage got ruined; this is the consequence of greed. --- $3.62 million just disappeared like that. Even the biggest whales can't withstand this wave. --- Leverage is something, when making profits you want to add more, but when losing, you regret it deeply. --- Another real-time lesson fee, still the kind that hasn't learned its lesson. --- A loss of 3.34 million, my goodness, how desperate do you have to be to go up to 7x? --- Looking at on-chain data, it makes me think of one thing — not all big players make it to the end. --- ETH leverage isn't complicated? It's just throwing a tantrum; if you lose, that's just how it is.
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VCsSuckMyLiquidityvip
· 12-14 09:54
Playing ETH with 7x leverage, 3.62 million gone... This is the price of greed, brother. --- Even whales get caught out, indicating that no one can win in this round of the market. --- Went all-in with $3.34 million and lost it all, my goodness... Luckily, I only played with 1x leverage. --- Leverage, huh? It feels great when you're making money, but deadly when you're losing... This guy has experienced it firsthand. --- A 7x leverage can wipe out 3.62 million, how brutal is this market... I need to back off. --- Why bet so big, 3.62 million... Feels like my money isn't worth much anymore. --- On-chain big players also get wrecked; no one is in control.
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ContractCollectorvip
· 12-14 09:51
7x leverage, this brother is really a brave warrior, $3.62 million just disappeared like that Even big fish can't hold on, do retail investors still dare to go all-in? This time the loss was pretty brutal, the timing of exit was really poor Leverage, it seems like you can double your money quickly, but in reality, it hits you with a tenfold blow Another victim of high leverage, on-chain data never lies
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BearHuggervip
· 12-14 09:49
Playing ETH with 7x leverage, isn't this gambling? $3.62 million just disappeared... --- Even the big whales got wrecked. Looks like everyone has to lower their eyes in this market. --- Leverage is truly a double-edged sword. Making the wrong bet in one direction leads to this kind of ending. --- Cleared out and still lost $3.62 million. I need to see how they operated... --- With 7x leverage and this market volatility, anyone would get liquidated. --- Dare to cash out after losing so much? How desperate must one be. --- No way, even top whales do this? I have even less confidence in leverage now. --- This is the price of high-leverage trading. Money comes in fast, and goes out even faster. --- Another one slaughtered by leverage. When will they learn their lesson? --- $3.62 million just gone like that. I can't understand why some people still play with 7x.
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DegenWhisperervip
· 12-14 09:47
7x leverage... How crazy must this guy be, losing 3.62 million USD just like that --- Again with 7x and liquidation, I've seen this routine too many times --- Oh my, this loss amount, how long do I have to save to break even --- High leverage isn't anything new, making quick profits and losing just as fast, nothing surprising --- On-chain whales can't even withstand this, the market is really ruthless --- 3.62 million... If it were me, I would have gone bankrupt long ago hahaha --- I think, 7x is just a trap, better to be honest and hold the assets --- Another leverage dream shattered, when will we learn our lesson --- ETH's recent market movements have taken out many whales, hilarious --- Close positions, whether losing or making profit, anyway my mindset is broken
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HodlKumamonvip
· 12-14 09:35
7x leverage with over 3.6 million in losses, this is what the legendary "high risk, high reward" is all about... Bear just wants to say: greed is never satisfied, a snake swallowing an elephant. Why can big players keep stepping into pits, while we retail investors are just lucky to be alive? Looking at this data, it seems more like a contrarian indicator—whales have closed their positions, so should we buy the dip? A tuition fee of $3.62 million, more expensive than any technical analysis I've seen, haha. Leverage is really something—when you're making money, you think you're a genius; when you lose, you realize what you really are. What does this exit mean—will the market rebound or will it keep crashing? Experts, please give a prediction. Bear's advice is still the same—dollar-cost averaging (DCA), stay away from 7x leverage, and just embrace the world. If big players are losing this much, is my small position still safe? Feeling a bit anxious this time.
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