ETH long positions forcibly liquidated, major investors lost a total of $23.6 million

OnChainDetective · 2026-01-20T08:30:10+00:00

Recent market correction, a 25x ETH long position of a well-known account was partially liquidated, with unrealized losses exceeding $23.6 million, and daily losses surpassing $1 million. This correction has a significant impact on leveraged longs, reminding investors to exercise caution in high-leverage trading.

OnChainDetective

2026-01-20 08:30:10

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that as the recent market further retraced, a well-known account holding 25x ETH long positions was partially liquidated again. As of now, the account’s unrealized loss has exceeded $23.6 million, and it is still continuing to incur losses, with a daily unrealized loss of over $1 million.

This wave of retracement has dealt a severe blow to leveraged longs. High-multiplier longs are exposed to significant risk in such volatile market conditions. Crypto enthusiasts are also discussing whether this large-scale loss event by a major account is an isolated case or reflects the current market-wide pressure. Many people have stated that this serves as a reminder for everyone to be more cautious with high-leverage trading, as the market can fall at any time and no one can predict it completely.

ETH-7,28%

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HodlOrRegret

· 11h ago

Leverage 25x to play so big, no wonder you're getting slapped in the face --- That's why I stubbornly hold onto spot trading; while others get liquidated, I'm still there --- Two million USD evaporated in an instant, you must be really bold to go all-in like that --- Every time I say to be cautious, next time it's 25x again, really want to clash with the money --- Looking at this news, I feel relieved, at least it proves I'm not that bad --- This guy is a real warrior, I'm really timid, should I be grateful or should I laugh --- The market loves to play psychological games; the more you want to gamble, the more it pulls back on you --- Losing a million a day, how many happy people does that take --- Forget it, don't persuade me; some people just have to learn respect for the market with money

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MEVHunter

· 11h ago

Using 25x leverage and still holding on, is this a gambler's mentality or technical confidence... But to be honest, the liquidation data in the mempool looks really fierce.

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PseudoIntellectual

· 11h ago

25x leverage playing so big, honestly it's just a gambler's mentality. --- Another high roller taught a lesson by the market, this time learning to be smart. --- $23.6 million, I can't even earn that in a year, and someone loses like this. --- Really dare to go all-in, impressive. But indeed, it's time to be cautious. --- This is what you call the "cost of seeking excitement," tragic. --- It looks painful, but on the other hand, there's nothing anyone can do about it; the market is just so damn unpredictable. --- The high leverage gang was brutally slapped in the face by reality, and it's always like this. --- Single-day floating loss over a million? Just looking at it makes my scalp tingle. --- Talking about cautious trading, but in the end, everyone still gets cut. --- 25x? That's gambling against the market, just asking to die.

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BearMarketLightning

· 11h ago

Still want to survive with 25x leverage? This guy probably doesn’t take stop-loss seriously. --- 2,360,000 lost, I feel for him... That’s the price of greed. --- Another story of a leveraged dream shattered, it’s making me shiver. --- People who constantly predict the market are all liars; this time, I guess you have to believe it. --- High leverage is just a money-consuming gambling machine. I advise everyone not to touch it. --- Daily floating loss of a million and still losing... How desperate must the account owner be right now? --- 25x? Are you here to give away money? I’ve seen too many liquidation cases with this kind of leverage. --- The most expensive course in the crypto world is leverage education. This guy paid a hefty tuition. --- Just ask who still dares to say they can accurately grasp the rhythm; this example is right in front of us. --- 2,360,000... How long do I have to trade to recover this loss? It’s so exciting.

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AirdropSweaterFan

· 11h ago

25x leverage still dares to go all-in, this guy is really a warrior --- Over 20 million gone, and we're still scrolling on our phones --- Basically, it's a gambler's mentality; leverage is just a predatory tool --- Always say learn from lessons, but next time still play with fire, can't understand --- That's why I only dare to use 1x, I can sleep peacefully --- The market is ruthless; high leverage is like gambling your life with the house --- Another liquidation, when will the crypto world see fewer of these news --- A million loss in a single day, I would have given up long ago --- I just want to know how many bullets this guy still has, can he do it again --- Leverage will never make people rich, only make people poor

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