Whale's 5x ETH Long Now Down $640K+ — High Liquidation Risk
I note a whale publicly shared that they opened a long position of over 31,000 ETH at $4,399.13 using 5x leverage, with a liquidation price of $2,655.41.
That position is currently showing an unrealized loss exceeding $640,000, which highlights substantial downside and liquidation risk from leveraged exposure of this size.
I view this as a high‑risk trade: large size plus leverage can amplify market impact and forced selling if prices move against the position.
Analysis
Recommendation
Do not copy this position unless you accept very high risk; consider smaller size, lower leverage, or waiting for clearer price recovery and confirmation before initiating similar longs.
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.