ETH 25x Leveraged Long Liquidations Trigger $19.35M Loss as Market Falls

COINOTAG News, citing HyperInsight’s latest desk checks, notes that in a broader retreat across crypto markets, the ETH 25x leveraged long exposure has endured repeated liquidations. Traders deploying such high leverage faced amplified risk as prices drifted, underscoring the peril inherent in ultra‑short-term hedges during a sustained downtrend.

The total marked losses have climbed to more than $19.35 million. The position currently comprises 368.88 ETH in the long, with a market value near $1.11 million. The position’s estimated liquidation price sits at $2,963.30, highlighting the tight margin on ultra‑leverage. The report reinforces risk controls for high‑leverage bets in the current macro backdrop.