#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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FlashLoanLord
· 11h ago
Playing with 30x leverage and getting liquidated, this guy directly gave us a real-life lesson...
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Losing over 20 million in a total wipeout and still going all-in, truly a gambler's mentality
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So, once the positions of on-chain whales are exposed, retail investors suffer too... This is what it feels like to be collectively liquidated
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Surviving is more important than making money, that hits hard
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30x leverage is definitely a money printer in a bull market, but in a volatile market... that's playing with fire
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I just want to know if this guy is still adding to his position for the bottom or has completely given up
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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
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Every time I see liquidation data like this, I get scared. Why do some people only learn to cut losses after being liquidated?
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The essence of leveraged trading is gambling; some people just get numb because they win the bet
View OriginalReply0
GweiWatcher
· 11h ago
30x leverage? Bro, isn't this just gambling... Losing over 20 million and still daring to play, you're really clueless.
View OriginalReply0
ETHmaxi_NoFilter
· 11h ago
30x leverage is really playing with fire, this guy lost 6.31 million in a month... can't keep a stable mindset
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Another high leverage position was liquidated, retail investors are still buying the dip, this story on the chain happens every week
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Position management is the key to survival, even if your prediction is right, a sudden plunge can wipe you out
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Loss of 20.62 million... this is the true picture of 30x leverage, it's still more reliable to stick to 1-3x
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Looking at this big investor's track record, I believe one thing — surviving is more important than making money
View OriginalReply0
WenAirdrop
· 11h ago
30x leverage... This guy is really risking his life, I feel sorry for those over 20 million USD.
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Position management is really underestimated, unfortunately 99% of people only think about getting rich overnight.
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Wait, is this guy still operating? Feels like he's about to pay school fees.
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The phrase "It's important to stay alive" hits the heart... but very few people can truly do it.
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On-chain data is so transparent, no wonder small investors get caught following the crowd.
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I just want to know how they dare to use 30x leverage, really brave.
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Instead of predicting ups and downs, it's better to carefully calculate how much you could lose—that's the right way.
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Another chosen one explodes... The market always cycles like this.
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Bottom-fishing or observing, honestly, who dares to be sure now.
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Leverage is like poison, you brag when you make money, and vanish into thin air when you lose.
View OriginalReply0
TideReceder
· 11h ago
Is 30x leverage a blowout? Deserved. This is the fun of on-chain tracking of big players...
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Over 20 million in losses, this is truly gambling, not trading.
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Small retail investors, wake up, don’t follow the positions of big players, you’ll easily be led astray.
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Leverage is just poison; so many people have fallen victim to it...
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$138 can be liquidated? This risk management is truly outrageous.
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Who understands the feeling of a cascade explosion? I am that retail investor who got trapped.
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Instead of trying to predict rises and falls, it’s better to learn how to survive, that’s not wrong.
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Bottom fishing or waiting and seeing? I choose to wait and see, anyway it’s not my money that’s lost.
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Using 30x leverage in a volatile market is basically courting death, an inevitable outcome.
View OriginalReply0
AirdropFatigue
· 12h ago
30x leverage? What was this guy thinking, playing with fire ends like this
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Another liquidation news, can we get something different
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Over 20 million in losses, I'm done... Better to just stick to spot trading honestly
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Surviving is more important than making money, this is truly not a joke
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Small retail investors fear being dragged down by big players the most, so true
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$138 can trigger liquidation? That big brother sure has guts
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Leveraged trading is gambling, don't fool yourself
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Tracking on-chain data to monitor risk, this trick is indeed useful
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Bottom fishing or watching from the sidelines... I choose to do nothing
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Playing with 30x leverage, liquidation is just a matter of time
#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.