#数字资产生态回暖 A large position liquidation event has once again played out on the chain, and interestingly, it exposes underlying risk management issues.



According to on-chain data, a major account's 3,875 ETH long position was forcibly liquidated—entry price $3,191, liquidation price $3,053, with a single loss exceeding $300,000. This is not an isolated incident. The same account's past performance is even more alarming: a weekly loss of $1.55 million, a monthly plunge of $6.31 million, and a cumulative loss of $20.62 million since October.

Rumors suggest this account used leverage of over 30x—such a configuration is indeed dangerous during periods of increased market volatility. High leverage can amplify gains in one-directional trends, but in volatile markets, it becomes a ticking time bomb. A drop of $138 is enough to trigger liquidation.

This phenomenon warrants deep reflection. Many traders focus on predicting market moves but neglect more fundamental aspects—position management. Large on-chain positions are easily tracked, which also means small retail investors may unknowingly become victims of "contagious explosions."

Regarding the current market situation, a few things are certain: leverage trading requires restraint, especially during high volatility; survival is more important than accurate prediction; on-chain data monitoring can help you detect risks in time.

It's the end of 2025, and some see this wave of liquidations as the final panic sell-off, while others see it as a signal that the bear market is beginning. Are you going to buy the dip or keep watching? It depends on your rational understanding of your own risk tolerance.
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FlashLoanLordvip
· 11h ago
Playing with 30x leverage and getting liquidated, this guy directly gave us a real-life lesson... --- Losing over 20 million in a total wipeout and still going all-in, truly a gambler's mentality --- So, once the positions of on-chain whales are exposed, retail investors suffer too... This is what it feels like to be collectively liquidated --- Surviving is more important than making money, that hits hard --- 30x leverage is definitely a money printer in a bull market, but in a volatile market... that's playing with fire --- I just want to know if this guy is still adding to his position for the bottom or has completely given up --- Whether it's a fire sale or a bear market signal, I don't dare to hold heavy positions now... Risk awareness must be at its maximum --- Every time I see liquidation data like this, I get scared. Why do some people only learn to cut losses after being liquidated? --- The essence of leveraged trading is gambling; some people just get numb because they win the bet
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GweiWatchervip
· 11h ago
30x leverage? Bro, isn't this just gambling... Losing over 20 million and still daring to play, you're really clueless.
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ETHmaxi_NoFiltervip
· 11h ago
30x leverage is really playing with fire, this guy lost 6.31 million in a month... can't keep a stable mindset --- Another high leverage position was liquidated, retail investors are still buying the dip, this story on the chain happens every week --- Position management is the key to survival, even if your prediction is right, a sudden plunge can wipe you out --- Loss of 20.62 million... this is the true picture of 30x leverage, it's still more reliable to stick to 1-3x --- Looking at this big investor's track record, I believe one thing — surviving is more important than making money
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WenAirdropvip
· 11h ago
30x leverage... This guy is really risking his life, I feel sorry for those over 20 million USD. --- Position management is really underestimated, unfortunately 99% of people only think about getting rich overnight. --- Wait, is this guy still operating? Feels like he's about to pay school fees. --- The phrase "It's important to stay alive" hits the heart... but very few people can truly do it. --- On-chain data is so transparent, no wonder small investors get caught following the crowd. --- I just want to know how they dare to use 30x leverage, really brave. --- Instead of predicting ups and downs, it's better to carefully calculate how much you could lose—that's the right way. --- Another chosen one explodes... The market always cycles like this. --- Bottom-fishing or observing, honestly, who dares to be sure now. --- Leverage is like poison, you brag when you make money, and vanish into thin air when you lose.
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TideRecedervip
· 11h ago
Is 30x leverage a blowout? Deserved. This is the fun of on-chain tracking of big players... --- Over 20 million in losses, this is truly gambling, not trading. --- Small retail investors, wake up, don’t follow the positions of big players, you’ll easily be led astray. --- Leverage is just poison; so many people have fallen victim to it... --- $138 can be liquidated? This risk management is truly outrageous. --- Who understands the feeling of a cascade explosion? I am that retail investor who got trapped. --- Instead of trying to predict rises and falls, it’s better to learn how to survive, that’s not wrong. --- Bottom fishing or waiting and seeing? I choose to wait and see, anyway it’s not my money that’s lost. --- Using 30x leverage in a volatile market is basically courting death, an inevitable outcome.
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AirdropFatiguevip
· 12h ago
30x leverage? What was this guy thinking, playing with fire ends like this --- Another liquidation news, can we get something different --- Over 20 million in losses, I'm done... Better to just stick to spot trading honestly --- Surviving is more important than making money, this is truly not a joke --- Small retail investors fear being dragged down by big players the most, so true --- $138 can trigger liquidation? That big brother sure has guts --- Leveraged trading is gambling, don't fool yourself --- Tracking on-chain data to monitor risk, this trick is indeed useful --- Bottom fishing or watching from the sidelines... I choose to do nothing --- Playing with 30x leverage, liquidation is just a matter of time
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