A whale has increased its leverage to 25 times on a long position in Ether ($ETH), resulting in a reported loss of $13.5 million. This decision reflects a significant risk tolerance in the volatile cryptocurrency market. The account managing this position has drawn attention due to the magnitude of its leveraged trading strategy. Leverage in trading allows investors to control larger positions than their actual capital would permit, which can amplify both gains and losses. In this case, the substantial loss highlights the potential downsides of high-leverage trading. As the market fluctuates, such strategies can lead to significant financial repercussions for traders.
