BREAKING
109d 19h ago

Ethereum (ETH) 25x Long Liquidated: Andrew Kang-Linked Address Takes $62K Loss

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On October 22, on-chain analytics flagged a high-leverage exit: an ETH long position, linked to an address associated with Andrew Kang, was liquidated about an hour ago. The trader closed a 25x ETH long, yielding a reported loss near $62,000. The episode highlights how extreme leverage can trigger rapid, real-time unwind in crypto markets.

Our analysis notes that such liquidations intensify near-term volatility and pressure tiered risk management frameworks. Traders should monitor margin requirements, liquidation thresholds, and funding rates, particularly during periods of ETH price swings where leverage magnifies moves and liquidity can thin.

While this single unwind does not indicate a market trend, it serves as a reminder for disciplined risk controls and credible data sources in crypto news coverage. Investors are advised to rely on verified analytics and avoid overinterpretation of isolated trades.

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