Whale's 25x ETH Long Down $4M+: Short-term Volatility Risk

I see that “Big Brother Whale” Huang Lizhong is sitting on a 25x leveraged ETH long now showing an unrealized loss exceeding $4 million. That size of leverage greatly increases the risk of margin calls or forced liquidations if price weakens further.

I'm concerned this position can amplify short-term volatility in ETH markets as the whale either adds to the position, faces liquidation, or tries to hedge. This is not a signal of ETH’s long-term fundamentals, but it does raise near-term downside risk for leveraged longs.