Whale 25x leverage liquidation: 5 liquidations in one day, losses exceeding $24 million

HashBard · 2026-01-20T15:36:10+00:00

Market decline triggers a chain reaction, with a major trader being liquidated multiple times due to aggressive positions, currently with an unrealized loss of $24.18 million. Using 25x leverage to long 2,200 ETH, they will be fully liquidated if the price drops below $2,991.43.

HashBard

2026-01-20 15:36:10

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【BiTu】Market decline triggers a chain reaction. On-chain data shows that a top trader address experienced multiple additional liquidations today, marking the 5th forced liquidation in recent times.

The current position of this address is quite aggressive—using 25x leverage to long 2,200 ETH, equivalent to an exposure of $6.67 million. According to current liquidation settings, if ETH drops below $2,991.43, it will be fully liquidated.

What’s more heartbreaking is that this position has already accumulated unrealized losses of $241.8 million. In the world of high leverage, market volatility acts as an amplifier—every small price drop results in losses that grow exponentially. Today’s sharp decline undoubtedly accelerated the liquidation process.

ETH-4,01%

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