ETH holdings undergo huge change: over 25x long position unrealized loss exceeds 660,000, whale's holdings shrink to 3,440 ETH

robot
Abstract generation in progress

【Blockchain Rhythm】According to on-chain data monitoring, on January 20th, the ETH market continued to face downward pressure, and a once large long position was hit by a series of blows. This 25x leveraged ETH long position, after floating losses of over $660,000, has a liquidation price set at $3,019.84.

More importantly, the change in the size of this position—at its peak, it surged to 10,000 ETH holdings, but after multiple partial liquidations, only 3,440 ETH remain. Going from ten thousand to just over three thousand, those who did not cut losses or add insurance in time directly pushed the account to the high-risk boundary.

During market downturns, the dangers of high leverage are once again reflected in this trade’s ledger.

ETH-6,83%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
AirdropHunterZhangvip
· 1h ago
Going all-in with 25x leverage and still not cutting losses—how much of a gambler do you have to be? I must say, you're quite the expert.
View OriginalReply0
GateUser-c802f0e8vip
· 6h ago
25x leverage still dares to go all-in, this guy is really brave --- Another one caught by leverage, 660,000 just gone, it hurts --- Stop-loss is easy to say, but when it’s time to cut losses, how many people can do it decisively --- Falling from 10,000 coins to 3,440, just thinking about how painful that process must be... still, we have to respect the market --- High leverage is like this, the happiest when making profits, the most despairing when losing --- Why do some people always think they can handle 25x? The market really teaches people a lesson --- Watching the position shrink by more than half, I wonder what this guy’s mindset is right now --- Only liquidated at 3019? Still able to buy the dip? --- A quick reminder, leverage is not for dreaming
View OriginalReply0
ApeDegenvip
· 7h ago
Damn, from millions directly down to just over three thousand, this is the consequence of not cutting losses.
View OriginalReply0
VibesOverChartsvip
· 7h ago
Oh no, this is a classic case of greed killing people. The ten thousand coins dropped to just over three thousand, it’s painful to watch. Daring to play with 25x leverage like this, serves you right. $660,000 just disappeared like that, it feels a bit outrageous. When the bear market comes, you should reduce your positions. Gambling on the bottom like this is the result. This guy probably hasn't slept well, constantly watching the liquidation line. Another textbook high leverage blow-up scene. Honestly, it’s still greed. The stop-loss was set too far away.
View OriginalReply0
ChainWallflowervip
· 7h ago
This is the cost of greed. Thousands of coins turned into 3440, still not break-even? Continue to send?
View OriginalReply0
PositionPhobiavip
· 7h ago
10 million directly cut down to 3,440. This is the consequence of playing with leverage. A floating loss of 660,000 and still not out, still betting on a rebound?
View OriginalReply0
gas_fee_traumavip
· 7h ago
10,000 coins dropped to 3,440 coins, this is the cost of not cutting losses. 660,000 floating loss... Forget it, I won't look anymore, it's exhausting.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)