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$500,000 Unrealized Loss! Well-known Person's ETH Long Position Loss Record
【Blockchain Rhythm】An interesting phenomenon worth noting — recent monitoring data shows that the Ethereum long positions in the address of a well-known individual are underwater, with unrealized losses exceeding $500,000.
Specifically, this position was established with 25x leverage, long 8,100 ETH, with an opening price of $2,972.52. The liquidation price was set at $2,870.73, indicating relatively tight risk control.
Even more intriguing is the account’s performance — a loss of $500,000 in just the past week, and the total loss for the entire month has reached $3.91 million. Such data fluctuations indeed reflect the current market’s intense volatility and serve as a reminder of how risky high-leverage trading can be. The market does not always move as expected, and even experienced participants can fall into traps.