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25x Ether Long Tied to 黄立成 Shows $27,000 Unrealized Loss

The position held 2,725 ETH, nearly half its size the previous day. Its liquidation price was about 1.6% below its entry price.

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A silver token balances near the edge of a steel lever / TokenPost.ai
A silver token balances near the edge of a steel lever / TokenPost.ai

A 25x leveraged Ether (ETH) long associated with an address attributed to 黄立成 had a $27,000 unrealized loss on Nov. 3. The position held 2,725 ETH, nearly half its size the previous day.

The long’s entry price was $2,263.04, while its liquidation price was $2,227.31. That put the liquidation level $35.73, or about 1.6%, below entry.

The position had earlier shown more than $110,000 in unrealized gains. The reported loss was unrealized, reflecting the open position rather than a closed trade.

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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