Crypto Trader Underwater $17.5M, Could Lose $25M if Bitcoin Drops Below $74k

The recent crypto market crash liquidated billions of assets, putting many investors in significant losses. One such victim is this crypto trader/whale, facing an unrealized loss of $17.5M on leverage position in various cryptocurrencies. However, that is not all, as the struggling Bitcoin (BTC) performance is putting it at higher risk, where if the price drops to $74k, the trader’s loss will exceed $25M.

Crypto Trader Portfolio in Jeopardy, Loses $17.5M in Crypto Market Crash

According to the on-chain analytic platform Lookononchain X post, the crypto trader faces an unrealized loss of $17.5M, consisting of multiple leverage positions on various cryptocurrencies. This includes the millions of losses on BTC, SOL, HYPE, ONDO, HBAR, SUI, and TRUMP tokens.

In this, the largest loss is on the BTC and SOL amid the crypto market crash. The trader went for a $23.69M position on Bitcoin, with an entry price of $102,079.2, with a 10x leverage. In the case of Solana, the trade went for a $6.15M position, 20x leverage at the entry of $235.18, facing massive declines due to exposure to leverage positions in unfavorable scenarios.

With a few more such positions, the trader bears a staggering $17.5M in unrealized losses, which could worsen with a further price crash.

Crypto Trader To Lose $25M If Bitcoin Price Crashed to $74K

Amid the crypto market’s downturn, Bitcoin has been affected severely, trading at $86k after a 3% drop in the last 24 hours and 11% over the week. More importantly, the BTC price crashed to $82k earlier, bringing fearful sentiments among investors.

If the downtrend continues and the Bitcoin price crashes to 74k, this crypto whale could lose $25M as it is dangerously close to massive liquidation with a margin usage at 80.92%. As the trader’s perp equity is the total balance, the loss would come to $25M ($17.5M + $7.4M).

However, if the BTC’s value remained maintained at the current level or increased, this cascading liquidation would not occur. Instead, if the price increased, the trader would make millions in profit.

What’s Next For this Crypto Whale?

The current market situation shows high volatility, with investors’ sentiments indicating a bear’s dominance. This crypto investor’s fate entirely depends on Bitcoin’s next move. A crash would result in a massive $25M loss.

Some Bitcoin price predictions show signs of a further crash to $70k, increasing the possibility of liquidation. However, things could take a different turn, as some analysts believe the price will rebound above $100k.

For now, it is uncertain whether the whale will face further liquidation or profits.

Bottom Line

The aforementioned crypto trader and its massive liquidation loss reveal the risk of excessive leverage. In this crypto market, unpredictability can divert everything from millions in losses to millions in profits or vice versa. The trader could lose $25M altogether if the BTC price dropped to $74K. However, in contrast if the price increases, the crypto whale could earn millions in losses.

✓ Share:

• Latest
• Price Analysis

• Breaking: U.S. PPI Cools To 2.6%, BTC Price Rises
• Traders Brace for Hot US PPI amid Sticky Inflation, Risks BTC, ETH, XRP Liquidations
• Shiba Inu Releases Update On LEASH V2 Migration, Here Is What To Know
• GameStop’s Revenue Boosted by $528M Bitcoin Stash, Reports Minimal Q2 Loss
• Metaplanet Stock Shoots 17% After $30M Investment from Bitcoin Treasury Firm

• Bitcoin Price Prediction Eyes $150K as Trump Calls for Aggressive 100 BPS Rate Cut
• Solana Price Prediction: Can Nasdaq Listing and $94M Holdings Propel SOL Toward $400?
• Meme Coin Price Prediction: Shiba Inu, Pepe Coin, Dogecoin, TRUMP
• HYPE Price Eye $88 the Next as Lion Group’s Treasury Shifts to Hyperliquid
• XRP Price Prediction as Ripple Ecosystem Growth Meets Technical Strength—Is $10 Next?

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Pooja Khardia

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.