During Ethereum's drop below $2,000, I learned that a trading firm faced serious problems. The company had a $686 million deficit, which is said to be related to 52 positions. Indeed, such sudden movements in the crypto market demonstrate how risky high-leverage trading companies are.

Recently, ETH price has been trading around $2.22K, and volatility continues. Managing large-scale trades like 52 positions becomes quite difficult in such situations. When the market is so volatile, those who do not implement risk management can face significant losses.

This incident reminds us how careful we need to be in the crypto market. Especially when even large trading firms encounter such losses, it shows that everyone needs to act more cautiously.