4h ago
Whale expands 25x ETH long to 6,325 ETH (~$13M) despite $33M unrealized loss
A trader increased a 25x leveraged Ethereum position to 6,325 ETH (about $13 million) while sitting on more than $33 million in unrealized losses. ETH stayed range-bound between $2,036 support and $2,419 resistance as Binance top traders remained long-heavy and funding rates held positive. The setup points to elevated liquidation risk if volatility spikes while price fails to reclaim key resistance.