According to @EmberCN, a trader who rolled an ETH long from $125,000 to $6.99 million capitulated about 30 minutes ago after multiple liquidations and closed with a realized loss of $6.21 million, source: @EmberCN. The long campaign started two afternoons ago around an ETH price of $4,304, initially profitable before the trader kept compounding unrealized gains, source: @EmberCN. Position size was ramped to roughly $146 million notional, and higher leverage raised the liquidation price, contributing to repeated liquidations, source: @EmberCN. This case underscores the elevated blow-up risk of overleveraged ETH futures longs during volatility and the hazards of rolling profits into higher leverage, source: @EmberCN.