Ethereum Update 🚨

According to on-chain data, Huang Licheng (also known as Machi) has suffered heavy losses on his Ethereum trade.

He opened a 25x leveraged position on 8,100 ETH

Entry price: $2,972

Liquidation price: $2,870

📉 Losses so far:

$500,000 loss in the last 7 days

$3.91 million loss in the past month

This shows how risky high-leverage trading can be, even for big investors.

#Ethereum #ETH #CryptoNews🔒📰🚫 #LeverageTrading #Binance

ETH

2,701.76

-1.52%