Crypto Whale Opens $14.8M Ethereum Long With 25x High-Risk Leverage

A crypto whale identified as “0x14f” has opened a significant leveraged Ethereum position, taking a long trade of 8,615 ETH with 25x leverage. The position is valued at roughly $14.86 million and has a liquidation price of $1,683.48.

Meanwhile, Ethereum is trading around $1,736 at the time of reporting, reflecting a 3.9% increase over the past 24 hours and keeping it slightly above its liquidation threshold.

Source: Onchain Lens