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New Wallet Takes High-Leverage Long Position on CL, Floating Loss Exceeds $2.5 Million Near Liquidation Line

On June 23, according to Onchain Lens monitoring, a newly created wallet opened a long position of approximately $500,000 on CL, which has now resulted in a floating loss exceeding $2.5 million, leaving the account with only about $2 of price space before liquidation. The position is nearing the edge of forced liquidation under extremely narrow price fluctuations, representing a typical high-leverage extreme risk position. A slight price drop could trigger full liquidation. In the current market volatility environment, such 'near liquidation positions' often pose a risk of triggering a chain reaction of liquidations.

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