26.06.2025 04:29

A significant cryptocurrency whale has suffered its fourth partial liquidation in just three days, resulting in substantial losses. Data from Onchain Lens, as reported by internet sources on June 26th, reveals that this prominent trader incurred a total loss of approximately $8.7 million.

This repeated misfortune stemmed from substantial short positions in Bitcoin (BTC) and Ethereum (ETH), employing aggressive leverage ratios of 40x and 25x respectively. Initially, the trader had enjoyed profits reaching $3.4 million, but these gains have been completely erased and then exceeded by the subsequent losses.

The series of liquidations serves as a stark reminder of the inherent risks associated with high-leverage cryptocurrency trading. Such volatile market conditions, especially those impacting large-scale players, necessitate meticulous risk management. Experts stress the crucial importance of carefully planned strategies for mitigating losses in rapidly changing markets.

The whale's repeated liquidations vividly illustrate the difficulties faced by even the most experienced traders when attempting to maintain leveraged positions amidst unpredictable market fluctuations. This case underscores the potential for catastrophic losses in the highly volatile world of cryptocurrency trading.