Ethereum whale trembles, holding a position loss of over $6.5 billion

GhostAddressMiner · 2026-02-09T07:12:52+00:00

The Chinese crypto community has reported that the long big whale Xiao Z has been liquidated, while Boss Yi is struggling with massive losses of 660,000 ETH. The current loss is nearly $6.7 billion, approaching the liquidation threshold, and the market is watching to see if he can withstand this crisis.

GhostAddressMiner

2026-02-09 07:12:52

Abstract generation in progress

The Chinese crypto community recently revealed some explosive news: the long position whale Xiao Z has been liquidated and exited the market, while another major long position holder, Boss Yi, is trembling but holding on. According to current market data, the scale of this position crisis far exceeds expectations.

Position Size and Loss Depth

Boss Yi holds 660,000 ETH, with an initial entry price of $3,100. Currently, the price of Ethereum has dropped to around $2,080 (Data update: 2026-02-09), meaning each ETH is losing $1,020. The total loss on the 660,000 ETH position has approached $6.7 billion, roughly 50 billion RMB.

More critically, Boss Yi’s total position size has reached $2 billion, with an initial capital investment of $1 billion. During this decline, he has already lost several times his original capital.

Trembling at the Liquidation Threshold

Based on calculations, if Ethereum continues to fall by about $700 (dropping toward around $1,380), Boss Yi will face liquidation. The vulnerability of such highly leveraged positions in extreme market conditions has caused the entire community to watch trembling.

Xiao Z has already been liquidated in this downturn, becoming the first casualty of the market. Whether Boss Yi can hold on before reaching the critical point will determine if the entire long camp can turn the tide. Many traders are joking: with such losses, how long would it take to recover through other means?

ETH0,56%

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