A fresh on-chain update reports that a whale reduced a 25x leveraged Ethereum long by 2,500 ETH, leaving 6,072 ETH worth about $12.36 million. Hyperinsight said roughly $5.1 million in forced reductions took place on March 31, shifting the liquidation price from $2,046 to $2,030. At publication, the position showed a floating loss of about $18,000. This adds a new development to earlier reporting on separate whale ETH trades, including 9x, 15x, 20x, and 25x leveraged positions with differing sizes, directions, and entry levels.