ETH collapsed today and it hurts some traders. I saw that Maji's long position on Ethereum took a hit - with 25x leverage, it's still risky when the market moves like this. The decline exceeded 2% late in the afternoon, and honestly, that's enough to cause problems for high-leverage positions.

His portfolio has shrunk to about 1,360 ETH now, and the liquidation price has been pushed back to $1,929. With the current price around $2,360, there's still a bit of margin, but not much. It's a classic reminder of why leverage on cryptocurrencies can be dangerous - a small market correction and you're watching your portfolio decrease rapidly. Stay tuned to see if it stabilizes or if it worsens.