An ETH long position held for 70 days incurred a realized loss of $8.8 million upon liquidation. Subsequently, a new 20x leverage $120 million ETH long position is experiencing an unrealized loss of $1.4 million.

An ETH long position held for 70 days incurred a realized loss of $8.8 million upon liquidation. Subsequently, a new 20x leverage $120 million ETH long position is experiencing an unrealized loss of $1.4 million.

BlockBeats2026/02/09 13:47

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BlockBeats News, February 9th, according to LookIntoChain monitoring, a steadfast ETH bull "0xa5B0" closed his Ethereum long position after holding for over 70 days, suffering an $8.8 million loss.

Subsequently, he opened a new 60,000 ETH (worth $1.22 billion) 20x leverage long position, and is currently facing another loss of over $1.4 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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An ETH long position held for 70 days incurred a realized loss of $8.8 million upon liquidation. Subsequently, a new 20x leverage $120 million ETH long position is experiencing an unrealized loss of $1.4 million.

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