Major ETH Whale Records $5.24M Loss After Opening New Long Position

2025-12-04 17:56:15

Gate News bot message, A significant “perp to spot” whale trader has established a new 20x leveraged long position of 4,046.83 ETH, with a total value of $12.72 million. The position is currently showing a floating loss of -$240,400, with a liquidation price set at $738.

The trader’s overall performance metrics indicate a total loss of -$5.24 million, marking a substantial decline from their previous peak profit of +$7 million recorded in September 2025.

Source: CMMHyperTracker

ETH-2.18%

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