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Leveraged ETH Long Liquidated Below $2,400, Leaving About $20,000

The position grew from $150,000 to $12.3 million before repeated stop losses reduced it. Cumulative losses on leveraged ETH longs since last year reached about $36.68 million.

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A lone metal token rests in a nearly empty collateral tray / TokenPost.ai
A lone metal token rests in a nearly empty collateral tray / TokenPost.ai

A leveraged Ether (ETH) position associated with 「麻吉大哥」 was liquidated after ETH fell below $2,400, leaving about $20,000 in collateral.

The position had grown from $150,000 to $12.3 million before repeated stop losses reduced it, while cumulative losses on leveraged ETH longs since last year reached about $36.68 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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