$ETH A major Ethereum whale is currently staring down significant unrealized losses due to high-risk leveraged positions. Based on recent data from BlockBeats, the investor entered a 15x leveraged long position on Ethereum, backing it with a $125,000 rolling stake. That position alone is now sitting on an unrealized loss of approximately $2.675 million.

In addition, the same whale opened a separate 25x leveraged long position, which has also turned deeply red, with unrealized losses currently hovering around $678,000.

Combined, these leveraged bets have pushed the whale into total unrealized losses of $3.353 million, highlighting the risks that come with aggressive margin trading—especially in a volatile market like crypto.