ETH Whale’s 50x Leverage Long Position Liquidated for $306.8 Million: What You Need to Know

On March 12th, COINOTAG reported alarming developments in the crypto market, highlighting the **Hyperliquid 50x Leverage Whale**. According to the latest data from **HypurrScan**, this entity’s **ETH long position** surged to an unprecedented 175,000 coins before it faced a total liquidation. The whale adeptly withdrew the majority of its original investment and accrued profits, strategically lowering its liquidation threshold. Ultimately, this left a residual long position of approximately **160,234.18 ETH**, which was forcibly liquidated, resulting in a staggering **306.8 million US dollars** loss. Such incidents underscore the inherent volatility and risks associated with **crypto trading**, especially when leveraging positions. Investors should remain cautious and well-informed about liquidity risks in such high-stakes environments, as they can lead to significant **financial repercussions** for even the largest players in the market.