Data: 2,000 ETH transferred out from Stake.com, worth approximately $6,188,000.

The outbreak of war between the US and Iran triggers a liquidation wave in the crypto world, with Brother MaJi's 25x leverage being liquidated again.

February 28, Israel launched a military operation against Iran with support from the United States, causing significant volatility in the crypto market. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana all experienced sharp declines, especially when a well-known artist Huang Licheng was forcibly liquidated due to holding an Ethereum position with 25x leverage, resulting in a substantial loss of funds. This incident highlights the market risks associated with high leverage. The event has drawn widespread attention, and the crypto market's response to geopolitical risks has been swift. Investors should exercise caution in managing their risks.

Machi Faces Further Liquidation on ETH Long Position

Gate News bot message, Machi (@machibigbrother) experienced another partial liquidation on his ETH long position with 25x leverage. Following this liquidation event, Machi's wallet balance now stands at approximately $9,000.

Data: If ETH breaks through $2,044, the total liquidation strength of short positions on mainstream CEXs will reach $671 million.

ChainCatcher Message: According to Coinglass data, if ETH breaks through $2,044, the total liquidation strength of long positions on major CEXs will reach $671 million. Conversely, if ETH drops below $1,850, the total liquidation strength of short positions on major CEXs will reach $338 million.

Whale Swaps 1,000 ETH for XAUT, Incurs $60K Loss

Gate News bot message, a whale swapped 1,000 ETH ($1.94M) for 358.49 XAUT at a price of $5,413, facing a loss of over $60K. Over the past 2 years, the whale received 1,645 ETH for $3.26M and still holds 645 ETH ($1.25M). Address: 0x744b0b1c4132d79ec106cb62c630d961c4a0d849