Ethereum Whale Faces Significant Losses Amid Leveraged Positions

According to BlockBeats, a major Ethereum investor is experiencing substantial losses due to leveraged positions. The whale, who utilized a 15x leverage to go long on Ethereum with a $125,000 rolling position, is currently facing an unrealized loss of $2.675 million. Additionally, a separate 25x leveraged long position on Ethereum is showing an unrealized loss of $678,000. The total unrealized losses for these positions amount to $3.353 million.