A prominent crypto whale known as the 'CZ counterparty' is nearing liquidation on leveraged long positions, with ETH trading just $120 above the liquidation price of $2,595 and XRP $0.17 above its $1.75 threshold, on-chain analyst Yu Jin said on November 21. The whale's two long positions show an unrealized loss of $3,973. Over an 11-day period, the trader's profits declined from $61.88 million on November 10 to $2.76 million, representing a $59.12 million reduction in gains.

A trader known as "Machi" opened a new 25x leveraged long position on Ethereum using $14,900 in remaining funds immediately after a liquidation on Nov. 21, Hyperinsight data show. The position consists of 100 ETH with a liquidation price of $2,635. Earlier that day, Machi's previous 25x ETH long position was fully liquidated during a sharp market downturn, resulting in a $1.05 million loss.

A trader known as "Calm King" suffered 10 consecutive liquidations on long positions in ETH, SOL, UNI, and HYPE on November 21, on-chain AI analytics tool CoinBob data show. The trader's portfolio fell from $68 million to $5.8 million, with only a SOL position worth $5.8 million remaining after other positions were liquidated or stopped out. The remaining SOL position shows an unrealized loss of $930,000, with a liquidation price at $121. The trader had previously grown $3 million in capital to over $30 million within two months through precise market timing and maintains an overall profit of $2.8 million despite the losses.

A trader known as "Machi" lost $1.05 million after a 25x leveraged Ethereum long position was fully liquidated on Nov. 21, Onchain Lens data show. The liquidation occurred during a sharp market downturn despite an attempt to deleverage half an hour earlier. Total losses exceeded $20.23 million, with only $15,538 remaining in the wallet.

Machi reduced their 25x leveraged Ethereum long position to 500 ETH on Nov. 21, pushing the liquidation price to $2,755, Hyperinsight data show. The trader trimmed the position to manage risk amid market volatility.

A whale address that previously shorted 66,000 ETH purchased an additional 7,837 ETH worth approximately $21.9 million, Lookonchain data show. The address now holds 440,558 ETH valued at roughly $1.23 billion. The purchase marks continued accumulation following the whale's earlier short position.

U.S. spot Ethereum exchange-traded funds recorded a net outflow of $261.6 million on Nov. 20, Farside Investors data show. No ETFs in the market reported inflows during the session.

Binance will suspend Polygon (POL) network deposits and withdrawals on Dec. 9, 2025, at 17:00 UTC+8 for a network upgrade and hard fork, the exchange announced. The Polygon network upgrade and hard fork are scheduled at block height 80,084,800, estimated for Dec. 9, 2025, at 18:00 UTC+8.

A whale holding long positions worth $261 million is facing an unrealized loss of $31.84 million, with liquidation prices set at $2,528 for ETH and $1.55 for XRP, EmberCN reports. The trader opened positions valued at nearly $300 million in ETH and XRP after closing a short position in ASTER. Recent market declines have resulted in significant losses on these holdings.