Onchain Lens reports that Maji Dage’s full liquidation of a high-leverage Ethereum long underscores extreme risk exposure in volatile crypto derivatives trading.
Onchain Lens monitoring revealed that trader “Maji Dage” suffered a full liquidation of a 25x leveraged Ethereum long position, resulting in a $15 million loss. This marks a significant escalation from previous partial liquidations, where leveraged ETH and HYPE positions had reduced Maji’s holdings to $6.33 million. The event highlights the dangers of high-leverage trading in the cryptocurrency market.