Rewards Hub On December 15, 2025, on-chain data revealed significant floating losses for two wallets linked to a former opponent of CZ. The wallet 0x9eec9, holding 15x and 10x leveraged long positions in Ethereum (ETH) valued at $255 million, is experiencing a floating loss of $15.71 million. Meanwhile, the 0xbadb wallet, with 20x leveraged ETH and 5x HYPE long positions worth $93.65 million, is facing losses exceeding $4.3 million. This development has prompted traders to reconsider their long-term investment strategies amid ongoing market volatility.
CZ Opponent's Leveraged ETH and HYPE Positions Face $20M Loss
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