2026-01-08 05:27:45

On January 8th, a leading trader's Ethereum long position in their address shifted from unrealized profit to unrealized loss. According to on-chain data monitoring, this trader previously made over $1.1 million in profit, but their current holdings have now become problematic.

Specifically, they hold two main positions: one is a 25x leveraged long of 9,700 ETH, currently with an unrealized loss of $97,000, with a liquidation price set at $2,952.48; the other is a 10x leveraged long of 265,000 HYPE tokens, which still has an unrealized profit of $61,000, with a liquidation price of $19.4049.

The reversal from profit to loss highlights the risks of high-leverage trading — seemingly stable positions can quickly turn in the face of market volatility. Especially for large-cap coins like Ethereum, leveraged longs can be liquidated with even a slight misstep. This case serves as a reminder to traders that even if unrealized gains are substantial, failing to take profits or adjust risk exposure in time can ultimately lead to losses.

ETH-0,01%

HYPE-4,15%

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AirdropHunterKing

· 01-09 17:52

Damn, 1.1 million just disappeared. This is the consequence of 25x leverage, brother. Playing with high leverage is like gambling with your life. A single pullback can directly hit the liquidation price and bottom out. I never touch 25x leverage stuff, isn't free airdrops more fragrant?

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potentially_notable

· 01-08 23:48

A $1.1 million unrealized profit disappeared in an instant—that's the gift of 25x leverage... Taking profits is really a skill.

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RugDocScientist