A well-known figure in the crypto community currently has an ETH long position that's now less than $80 away from the liquidation price.



Looking through the on-chain records: he opened a long position of 7,250 ETH at $3,058.06, and is now facing an unrealized loss of over $150,000. What's even more dramatic is that the $2 million profit he made during the previous rally has basically been wiped out in this correction. This kind of rollercoaster of unrealized gains and losses is truly nerve-wracking to watch.

ETH's current price action is indeed subtle—it looks like either the big players are suppressing the price to accumulate, or the trend has really reversed. Honestly, it's pretty rare to see a position of this size get so close to liquidation.

Is this a sign of heightened short-term risk? Or does it mean that when panic sets in, it's actually the best window to build a position? Sometimes in the market, the most extreme moments hide the greatest chances for a reversal.

What do you think? Will ETH break through the liquidation price in this round, or will we see a quick rebound? Whatever your strategy is lately, make sure to leave yourself some room.
ETH0.14%
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ponzi_poetvip
· 12-06 09:52
Over 2 million evaporated just like that—that's the price of greed... But to be fair, the real psychological battle was when the liquidation price was still $80 away.
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BrokenDAOvip
· 12-06 09:46
If you have to give back 2 million, then so be it—the real issue is that this kind of position structure is a fundamental mechanism flaw. Once leverage gets out of control, the liquidation price becomes the sword of Damocles hanging over your head—it's not the market choosing you, it's your incentive structure choosing risk. The real reversal window should be when someone dares to close their position, not when you wake up only after betting it all the way to the liquidation line. These so-called influencers are just like DAO governance committees—the logic of winner-takes-all has ruined everything.
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BasementAlchemistvip
· 12-06 09:45
Here we go again with the same rhetoric. Seriously, every time it’s “there’s a reversal hidden at extreme moments,” but the liquidation price is right in front of us.
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StopLossMastervip
· 12-06 09:45
2 million evaporated just like that—this is what happens when you don’t set a stop loss. --- 7,250 ETH with only $80 left as a buffer? Honestly, that’s pretty intense, but moments like this are often a signal to buy the dip. --- Wiping sweat here—if this guy really gets liquidated, it wouldn’t be surprising if the whole market rebounds by 50%. --- I just want to know if he’s still adding to his position or if he’s already given up. --- Isn’t this just a gambler’s mentality? Made 2 million and couldn’t walk away, refused to stop loss during the pullback—serves him right. --- Extreme times are indeed opportunities, but only if you survive until then. --- $80 may seem far, but with ETH’s current momentum, anything can happen—you’d better prepare for the worst. --- Really went all in on the dip, and ended up all out.
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