2026-01-08 05:24:14

A trader's Ethereum position recently underwent a dramatic change.

This 25x leveraged ETH long position once had an unrealized profit of over $1.1 million, but now it has turned into an unrealized loss close to $100,000. Monitoring data shows he still holds a position of 9,700 ETH, with a liquidation price pinned at $2,952. A slight market shake could trigger a margin call.

Interestingly, the same person's 10x HYPE leveraged position is still profitable. One account, two trades—ice and fire—this is the true picture of leveraged trading.

What does this tell us? It's not about predicting the market correctly, but that position allocation and leverage choices can determine life or death. Even seasoned traders on exchanges must bow their heads before 25x leverage. Market conditions change rapidly; a single pullback or a black swan event can wipe out unrealized gains.

So instead of staring at candlesticks and trying to predict the next move, ask yourself: can my position withstand tonight's volatility? Leaving some room for market temper is the way to survive longer.

ETH-1.2%

HYPE-2.7%

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NFTDreamer

· 10h ago

25x leverage is truly a gambler's game. Going from a floating profit of 1.1 million to a loss of 100,000, this reversal is incredible. --- Fortunately, I never touch such high multiples; my heart can't handle it. --- One account experiences extreme highs and lows, showing that leverage multiples are the real boss. --- $2952 liquidation price, just one black swan away. Just thinking about it is scary. --- HYPE is still making money, ETH is exploding, the same person can really pull off this effect. --- Looking at this guy's position, I understand one thing: technical analysis is all fake; staying alive is the real key. --- 25x? Bro, you're really brave, I truly admire you. --- Wake up, everyone. Reducing leverage is much more important than studying K-line charts.

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StillBuyingTheDip

· 19h ago

Using 25x leverage is really playing with fire; over a million in unrealized gains can disappear in an instant. What is this guy thinking? HYPE made money, but ETH is still holding on stubbornly. I truly respect that. Position management, everyone. It's not just about choosing the right direction.

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TokenDustCollector

· 23h ago

25x leverage, this guy is really fierce. Floating profit of 1.1 million suddenly turns into a 100,000 loss, my goodness, this is the true face of leverage. Speaking of which, the same person HYPE is still making money, which is the funny part. Similar people, similar times, but the results are like night and day. It seems it's really not about chart-reading ability. 9700 ETH exploded at 2952, what a big lesson... I still prefer trading with peace of mind. No matter how much I make, I can't take it with me. --- This 25x thing, even veterans can't handle it. One black swan event, and it's gone in a flash. I used to think about trying it, but then I figured, it's more important to keep some safety net. --- This guy is impressive, able to go from 1.1 million to 100,000 loss—that's a talent. If I had this skill, I would have been liquidated long ago. --- Not everyone can survive a 25x leverage; this guy is probably a role model... a negative role model. --- Position allocation is really the key. It's not about how skilled you are, but how long you can survive. This story is textbook-level.

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RooftopReserver

· 23h ago

1.1 million instantly evaporated, 25x leverage is really a meat grinder --- Another greedy story, the liquidation price is right there --- To be honest, a position that can withstand volatility is a good position. Greed has already killed many here --- I just don’t understand why you must go with 25x leverage. Isn’t it better to stay alive? --- The same account experiencing extreme highs and lows, how strong must this guy’s heart be? --- Instead of pondering over rise and fall, it’s better to think about how much you can lose. That’s the essence of trading --- 9700 ETH stuck at 2952, the feeling of that sword hanging overhead must be so uncomfortable --- Leverage is a double-edged sword. Making money is fun, losing money is just paying off debt --- The market won’t wait for your reaction. One black swan event and it’s game over --- Watching this story, you understand one truth: position management is a hundred times more important than choosing the right direction

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ContractBugHunter

· 23h ago

Using 25x leverage is really playing with fire; you wake up and your account is gone. Leverage is like a double-edged sword—it's exhilarating when you're making money, but it can lead to bankruptcy when you lose, with no middle ground. This guy is a typical case of greed; if you ask me, keeping some reserve position can really save your life.

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ContractCollector

· 23h ago

25x leverage blowouts are all self-inflicted, really, no matter how much you can handle, you can't withstand playing like this --- 9700 ETH liquidation price so close? Is this guy trying to experience the thrill of a heartbeat acceleration? --- That's right, choosing the right leverage ratio is more important than predicting the correct direction; the market isn't your father --- The same account experiencing both extreme gains and losses, this is why I only dare to play with 3x; anyone playing with 25x is gambling with their life --- Watching unrealized profit of 1.1 million turn into unrealized loss of 100,000—how strong must your mentality be to keep holding without moving? --- Ultimately, it's greed. 25x is like playing with fire; sooner or later, you'll get burned --- Leaving room for the market—that's brilliant, more practical than any technical analysis --- This guy has given everyone a vivid live lesson in risk management; the tuition was expensive

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consensus_whisperer

· 23h ago

25x players are truly brave; over a million dollars evaporated instantly, this wave of correction is really ruthless. --- It's another story of greed; it's even more ironic that HYPE is still making money, with one person having two accounts experiencing completely different outcomes. --- $2952 is probably a sleepless liquidation line; even a sneeze in the market could be dangerous. --- Basically, it's still about choosing the wrong leverage multiple; even veterans can't handle the temper of 25x. --- This guy is really a living lesson; watching K-line charts is not as good as thinking about how much correction he can withstand. --- Floating profit of 1.1 million turns into floating loss of 100,000; this gap is enough to write a book. --- Making money depends on leverage multiple; losing money is also because of it—it's fate. --- Holding tightly to 9700 ETH, it's really like licking blood on a knife's edge. --- Two trades in the same account are worlds apart; that's why some people make it to the next bull market, and others don't. --- Not interested in the title, but just looking at this liquidation price makes me sweat for him.

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A trader's Ethereum position recently underwent a dramatic change.

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Your First Words Matter!
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A trader's Ethereum position recently underwent a dramatic change.

Trending Topics

GT2025Q4BurnCompleted

GateSquareCreatorNewYearIncentives

GateAIOfficiallyLaunches

JusticeDepartmentSellsBitcoin

My2026FirstPost

Hot Gate Fun

GAi

GateAi

胡汉三回来了

我胡汉三又回来了

HHS

我胡汉三又回来了

ZZLX

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芝麻开门

芝麻开门

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!