$ETH $ETH
A prominent Ethereum whale recently opened a massive 25x leveraged long position on ETH, now facing over $1 million in unrealized losses amid volatile market conditions. This high-risk trade follows the whale’s previous 50x leveraged positions that caused significant losses for the Hyperliquid platform’s liquidity pool. Despite the potential for large gains, the whale’s aggressive leverage exposes both the trader and the platform to substantial risk. Meanwhile, the US Ethereum Spot ETF experienced a net outflow of $32.3 million this week, reflecting broader investor caution in ETH amid ongoing market turbulence and whale activity.