ETH: Summary of Valuescan community discussions (23:00:06 ~ 00:00:06)

[Extracting viewpoint materials] 1. User "Machi Big Brother" holds a fully leveraged long position on ETH with a total value of approximately $20,437,800 and a position size of 7,025 ETH. The opening price was $2,980.61, the current price is $2,909.3, the liquidation price is $2,865.98, the margin is $817,500, the funding cost is -$27,268.51, and the unrealized loss is approximately $501,000. [src: @Maji Machi Big Brother/Valuescan, 2025-12-23 23:03:44/#1555350；ref: window] 2. The current ETH price has fallen from the opening price, resulting in an unrealized loss of over $500,000, indicating short-term pressure on market liquidity. [src: @Machi Big Brother/Valuescan, 2025-12-23 23:03:44/#1555350；ref: window] 3. The large margin requirement and negative funding costs of this position suggest that the holder may be incurring high borrowing costs, reflecting the impact of funding costs on long positions. [src: @Machi Big Brother/Valuescan, 2025-12-23 23:03:44/#1555350；ref: window] 4. The long position uses 25x leverage, indicating that the user has a strong expectation of a rebound in ETH price, and the trading direction is clearly biased long. [src: @Machi Big Brother/Valuescan, 2025-12-23 23:03:44/#1555350；ref: window] 5. The current ETH price is close to the liquidation price of $2865.98, indicating a high risk of liquidation for long positions. Market sentiment may lean towards caution or a wait-and-see approach. [src: @Machi Big Brother/Valuescan, 2025-12-23 23:03:44/#1555350；ref: window]