A cryptocurrency whale has initiated a $28,917,000 long position on Ethereum (ETH) using 25x leverage, as stated in publicly shared trading information on February 23, 2026. The reported liquidation price for the trade is $1,819.
Data shown in the trading indicates the position size at almost 15,103 ETH, with an entry price of $1,881.78. At the time of the post, ETH was trading at $1,915.50, placing the position in a profit. The unrealized profit was shown at $495,984.08, indicating a return on equity (ROE) of 42.88%.
Also Read: Ethereum Slides 5% Amid Bitcoin Weakness, Eyes $2,120 Resistance
According to the data given by CoinMarketCap, at the time of writing, the coin is trading at $1,849.52, with a 4.58% decrease in rate. The market cap of the asset has exceeded $224.05 billion, and the volume of the coin is around $21.39 billion.
Using 25x leverage indicates the investor is borrowing capital to increase exposure to ETH’s value actions. With a grip at this level, even small price changes can significantly influence gains or losses. The margin used for the position was exhibited at $1,156,895.44.
The liquidation price of $1,819 reflects that if ETH’s value decreases to that level, the exchange would spontaneously close the arrangement to prevent further losses. Based on the entry price of $1,881.78, a drop of roughly 3.3% would trigger liquidation under the particular leverage conditions.
Leverage of 25x is regarded as high-risk in derivatives markets. In constant futures trading, price swings of a few percentage points within short timeframes are usual, expanding the prospect of liquidation when leverage is raised.
At the time of the trade closing, ETH was trading above $1,900. ETH has shown significant intraday volatility throughout February 2026, with value actions driven by derivatives positioning, the macroeconomic data releases, and larger crypto market sentiment.
ETH remains the second-largest cryptocurrency by market capitalization. Futures and incestant swap markets account for a significant portion of its daily trading volume. Whale-sized positions in derivatives markets are frequently monitored by traders, as large leveraged bets can influence short-term volatility, particularly if forced liquidations occur.
Also Read: Ethereum’s (ETH) Vitalik Buterin Proposes 2026 Security Upgrade: User-Wallet Interphase Improved
Also read: Here Are the Most Active Ethereum Projects by Development Activity
