Someone just threw down a $100M $ETH long at 25x leverage.
They're now sitting $60 away from getting liquidated.
This is the kind of size that moves markets when it blows up. At 25x, every $1 drop in $ETH price = $25M in losses. The liquidation cascade from a position this large would trigger a chain reaction — other longs get stopped out, market makers pull liquidity, and you get a flash wick.
Whoever this is either:
1. Has inside info on a major catalyst
2. Is hedging a massive short elsewhere
3. Is about to learn an expensive lesson about leverage
Either way, $ETH is about to get interesting. When positions this size are on the edge, volatility spikes. Watch for sudden moves in either direction.
They're now sitting $60 away from getting liquidated.
This is the kind of size that moves markets when it blows up. At 25x, every $1 drop in $ETH price = $25M in losses. The liquidation cascade from a position this large would trigger a chain reaction — other longs get stopped out, market makers pull liquidity, and you get a flash wick.
Whoever this is either:
1. Has inside info on a major catalyst
2. Is hedging a massive short elsewhere
3. Is about to learn an expensive lesson about leverage
Either way, $ETH is about to get interesting. When positions this size are on the edge, volatility spikes. Watch for sudden moves in either direction.
