Ethereum

August 11, 2025 at 22:26

ETH/BTC Long Liquidated at 0.0348 BTC — $89.7K Position

I was liquidated on an ETH/BTC long — a $89.7K position closed out at 0.0348 BTC. The long was forcefully exited at that price, wiping the exposure.

Analysis

The liquidation of a $89.7K long at 0.0348 BTC on the ETH/BTC pair indicates a sharp adverse price move or insufficient margin against leveraged exposure. In crypto spot and derivatives markets, ETH/BTC can swing quickly as both underlying assets react to separate BTC and ETH-specific drivers, amplifying directional risk for paired positions.

Large liquidations like this can be symptomatic of crowded long positioning, tight stop placements, or use of high leverage. When a sizeable long is flushed, it can trigger cascading liquidations and short-term volatility, further pressuring price levels around the liquidation point.

From a market-structure perspective, the event highlights the importance of monitoring orderbook depth and key support/resistance levels in BTC-denominated ETH trading. It also suggests traders should watch macro catalysts — BTC dominance shifts, network updates for ETH, or major on-chain flows — that might have contributed to the move that forced the liquidation.

Recommendation

Given the liquidation, I recommend exercising caution before re-entering long ETH/BTC positions. Reduce leverage and ensure margin buffers are sufficient to withstand intraday volatility. Conservative position sizing will limit the systematic risk of another forced exit.

Implement disciplined stop-loss levels and consider scaling into positions rather than opening large one-time exposures. Use limit orders near conviction levels and monitor BTC and ETH-specific news that could drive the pair.

If you previously held a similar long, reassess your thesis and wait for confirmation of a stable support zone around or below 0.0348 BTC before adding exposure. For now, prefer defensive risk management over aggressive re-entry.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.