An account reduced its Ether (ETH) leveraged position twice on October 13, realizing total losses of about $1.022 million. The two reductions caused losses of approximately $1.01 million and $12,000, leaving the account with $562,000. Despite these losses, the account still holds 7,150 ETH in a 25x leveraged long position valued at around $17.86 million, with a liquidation price of $2,472.78. Notably, the account had recorded a profit of $5.46 million on October 5 before incurring these losses, highlighting the volatility and risk involved in leveraged crypto trading.
The story about a leveraged Ether position cut after a $1.022 million loss is presented here with Pluang's cryptocurrency market context. For readers following major cryptocurrencies, as of Oct 13, 2026 20:51 WIB, 7 out of 50 major cryptocurrencies rose while 42 fell. Notable movers include SXP down 46.27%, BAT up 21.87% with a 52% sell order activity, and BAL up 11.14%.
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