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Crypto DeFi

25x ETH Short Worth $33.5M Partially Liquidated as Price Rebounds

A wallet opened 10 hours ago shorted 13,826 ETH with 25x leverage, a position worth $33.5 million, and was partially liquidated as ETH price rebounded. The address still holds a short of 8,849 ETH worth $21.4 million, with a new liquidation price of $2,430.28.

Original source

AI take

The partial liquidation is a reminder of how thin the buffer is on 25x positions: a modest rebound forced a sizeable reduction, yet the wallet still carries an $21.4 million short with a fresh liquidation threshold. That residual exposure keeps the address in the crosshairs of any further upside, and whether it is wound down or topped up is the open question. For a market already sensitive to leveraged positioning, the remaining liquidation level is the number worth watching.

Generated by AI for reference only.

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