BlockBeats news, February 27 — According to Coinbob’s popular address monitoring, after experiencing a liquidation in the previous round, the address has initiated a new round of ETH long positions. Recently, approximately $250,000 was deposited into this address to establish an ETH long position, which was then gradually increased to $13.5 million over three days through rolling over positions.
Currently, it holds a 25x leveraged ETH long position with an average entry price of $1,945, with an unrealized profit of about $320,000 (60%), and a liquidation price of approximately $1,938, with about 2.4% margin.
Reviewing recent transactions of this address, it often uses tens of thousands of dollars to build positions, continuously increasing the size and average price through rolling over. However, multiple attempts have been liquidated due to high average prices and market pullbacks. After liquidation, the address deposits funds again and restarts the long position cycle, possibly aiming for a significant rebound or the start of a bull market.
Since October last year, over the past five months, this address has attempted to go long on various cryptocurrencies 162 times, including 18 times on ETH, with a total net deposit of about $15.68 million into Hyperliquid. Almost every deposit ultimately ended in a loss.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bit Digital CEO: Ethereum has stabilized in the $1800–$2100 range, and the recent pullback is more like a "value reset"
Bit Digital CEO Sam Tabar stated that recent Ethereum market conditions resemble a "value reset," with market leverage rapidly re-evaluating after a significant increase, leading to increased volatility. Currently, the price remains stable in the $1800 to $2100 range, with fundamentals unchanged. This event demonstrates how leverage can distort the market, but Ethereum's long-term value remains solid.
GateNews7m ago
In the past 24 hours, the total contract liquidation across the entire network reached $289 million, with both longs and shorts being liquidated.
PANews March 5 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market across all contracts reached $289 million, including $122 million in long positions and $167 million in short positions. The total liquidation amount for BTC was $118 million, and for ETH it was $71.1816 million.
GateNews8m ago
ETH 15-minute sharp decline of 1.42%: leveraged long liquidations and order imbalance trigger short-term selling pressure resonance
On March 5, 2026, from 15:00 to 15:15 (UTC), the ETH price experienced a sharp short-term drop, with a return rate of -1.42% within 15 minutes. The price ranged from 2083.78 to 2121.84 USDT, with an amplitude of 1.80%. Market sentiment was clearly volatile during this period, with attention rapidly increasing, forming a strong contrast to the general rise of mainstream coins.
The main driver of this anomaly was the concentrated liquidation of leveraged long positions in the derivatives market. The price correction triggered forced liquidations of longs worth between 600M and 900M USD, and automatic sell-off chains intensified short-term selling pressure, causing the price to drop quickly.
GateNews22m ago
5 Best Crypto to Buy Now: Pepeto Leads as ETH, SOL, and XRP Surge 8% on Easing War Fears and $700M Floods ETFs
Ether surged 7.5%, Solana added 5.3%, XRP jumped 8%, and Dogecoin popped 7.5% as global equities rebounded and $700 million flooded into US spot bitcoin ETFs since March began, and when the entire market moves this violently higher.
While the Fear and Greed Index still reads extreme fear it m
CaptainAltcoin24m ago
ETH Price Hits Critical Support Zone While Technical Indicators Signal a Major Trend Reversal
The crypto market of early 2026 is experiencing an unusual contrast between exhausted short-term price momentum and longer-term strength. While many retail traders have been shaken out by sideways price action, “smart money” on-chain metrics are beginning to flash an unusual signal. According to cry
BlockChainReporter36m ago
V God rare self-criticism: Ethereum should not attempt to dominate the world; its true mission is to create a "digital sanctuary"
Ethereum co-founder Vitalik Buterin reflects on the role of blockchain on the X platform, advocating that Ethereum should become a "sanctuary technology" to help people resist surveillance and technological degradation, and focusing on building a decentralized shared digital space. He calls on the community to identify users who truly need sanctuary technology and to dedicate efforts to addressing deeper social challenges, rather than pursuing the status of tech giants.
動區BlockTempo49m ago
