A prominent crypto trader known as "Majia Brother" faced partial liquidation of a 25x leveraged Ethereum long position amid a brief market crash, according to on-chain data monitored by PANews. The trader's remaining position now stands at 252 ETH, valued at approximately $592,000.
The position currently carries an unrealized loss of around $24,000, with the liquidation price set at $2,326 per ETH. The forced reduction highlights the risks associated with high-leverage trading during periods of sharp volatility in the cryptocurrency markets.
Crypto Whale "Majia Brother" Suffers Partial Liquidation on 25x ETH Long Position
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