2026-01-16 07:29:48

A major trader just took an L—and it's a big one. Over the past 24 hours, wallet 0x94...3814 watched $7M in unrealized profits vanish. This isn't some small position either; the account is sitting on $257M in total holdings across leveraged plays.

Here's what's currently on the books:
- 15x leverage on ETH
- 20x on SOL
- 20x on BTC

So the question everyone's asking: was this a risk management move, or did the market just turn on them? Either way, it's a reminder of how quickly leverage can flip gains into losses. When you're operating at these scales and multiples, even a 2-3% move in the wrong direction stings hard.

ETH-0,48%

SOL2,3%

BTC-0,42%

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StopLossMaster

· 11h ago

15x 20x 20x, this guy is really ruthless... 7 million just gone like that, it hurts to watch.

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CryptoCross-TalkClub

· 11h ago

Laughing out loud, with a net worth of 257 million playing with 20x leverage, this guy is really daring. Seven million is gone just like that, I haven't even earned that much this month. This is the crypto world. Today you're still shouting "Never sell," and tomorrow the market teaches you a lesson. A 2% correction can turn you from a winner into a leek, it's ruthless. 20x leverage is no different from playing with fire. But to be honest—if you ask me—if this guy really cut his losses, that would be smart. If he's still holding on, then just wait to be liquidated. A day in the crypto world is like a year in real life. This wave of losses will be material for jokes next year. Life is like a candlestick chart; ups and downs make it exciting. But this roller coaster is a bit too steep, huh.

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MetaMisfit