Whale Ethereum long positions are floating with a loss of $400,000, and leveraged positions face a risk test

ForkMonger · 2026-01-09T01:52:21+00:00

A trader's long position on Ethereum has a floating loss of $400,000, having previously enjoyed a floating profit of over $1.1 million. Their holdings include 9,800 ETH with 25x leverage and 272,000 HYPE with 10x leverage, both facing liquidation risk, reflecting intense market volatility and the risks of high leverage trading.

ForkMonger

2026-01-09 01:52:21

Abstract generation in progress

【BlockBeats】A well-known market participant’s address has recently attracted attention. According to on-chain data tracking, this trader’s long position on Ethereum has expanded to a loss of $400,000.

Looking back, the performance of this position has been rollercoaster-like: from a peak of over $1.1 million in unrealized gains, it has slid all the way down to deep losses. The volatility of the market is clearly evident.

The specific position details are as follows: within 25x leverage, holding 9,800 ETH, with a liquidation price at $2,978.30. If reached, it will be forcibly closed, and the current loss has already reached $400,000. Additionally, there is a 10x leveraged HYPE position with a scale of 272,000 tokens, a liquidation price set at $20.7599, and an unrealized loss of $184,000.

Such large leveraged positions’ fluctuations often reflect the real-time market trend and remind us of how risky high-leverage trading can be.

ETH0,05%

HYPE-3,85%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

TokenCreatorOP

· 23h ago

1.1 million unrealized profit down to 400,000 loss, this roller coaster ride is really intense... 25x leverage, you really dare to play

View OriginalReply0

TokenomicsShaman

· 01-09 02:14

1. 1.1 million to -400,000, how bold is this guy? 2. Playing ETH with 25x leverage, just waiting to be wiped out. 3. Oh my, how far is the liquidation from this position? I'm nervous for him. 4. An unrealized profit of 1.1 million and he didn't sell; this is the fate of gm coins. 5. Another victim of leverage; when will they learn? 6. Big players also have to kneel; this is the market. 7. 9,800 ETH still dare to use 25x leverage? Are they looking for death?

View OriginalReply0

Degen4Breakfast