There is an interesting phenomenon in the market: a large leveraged trader has recently been increasing their positions with significant actions. According to on-chain data tracking, this trader has opened two new long positions—40x leverage long on BTC, investing approximately $795,000 of principal; at the same time, they also opened a 10x leverage long on HYPE, with an investment of about $245,000.
What’s even more noteworthy is the scale of their ETH position. This 25x leveraged ETH long currently holds 7,475 ETH, with a book value of $22.12 million, but it is currently showing an unrealized loss of about $120,000. Their liquidation price is set at $2,867, meaning if ETH drops below this level, they will be forcibly liquidated.
Adding up all the positions, this big trader’s total holdings are worth approximately $23.16 million. High leverage, large principal, and multiple cryptocurrencies simultaneously deployed—this strategy can amplify gains, but risks are also magnified accordingly. In the current volatile market conditions, such positions require constant monitoring of market movements.
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GasFeeLady
· 7h ago
yo this guy's literally playing with fire and calling it strategy lmaooo... 40x on btc? that's not leverage that's just a liquidation waiting list 💀
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just_another_wallet
· 8h ago
Damn, this leverage guy is really bold, just doing 23.16 million like that...
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25x leverage ETH directly 7475 coins, is he betting on whether it can break 2867?
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40x BTC long... buddy, are you really not afraid of being liquidated?
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Floating loss of 120,000 yet still adding positions, this mental toughness is unmatched
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One person can play so many leverages at the same time... I advise everyone not to follow
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Either this guy gets rich or he ends up in Achilles' heel, no middle ground
View OriginalReply0
LiquidityWhisperer
· 8h ago
This guy really dares to play, holding a position of 23 million like that.
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25x leverage ETH is still floating with a loss of 120,000, liquidation price at 2867... Why do you like to cut yourself so much?
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So you're just waiting for the market to go down so you can send money to the exchange, right?
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40x BTC long position, this is indeed a tough player, but it feels like liquidation is not far away.
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I really don't understand this kind of play, it's fun when you make money, but a wave of pullback and you have to drink northwest wind.
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Big players are adding to their positions? Should I follow or should I quickly hide...
View OriginalReply0
BackrowObserver
· 8h ago
This guy is really bold, playing BTC with 40x leverage, going all-in with over 20 million in one shot. How strong must his heart be?
He lost everything after a liquidation once. I was nervous just watching him.
The liquidation price is only 2867. ETH will be doomed with just a slight drop. Currently, he's floating at a loss of 120,000 and still holding on. Is this a gambler's mentality?
In my opinion, this kind of operation is just gambling against the market. Eventually, he'll get taken down.
Let's wait and see what happens next. If this guy blows up, I'll have some good gossip to share.
View OriginalReply0
just_vibin_onchain
· 8h ago
This guy really isn’t afraid of death, holding a position of 23 million with just a single line.
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Playing BTC with 40x leverage? Bro, you’re really a brave warrior.
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Liquidation price at 2867, ETH drops sharply and he has to do a washout. Honestly, it’s a bit risky.
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This trading style... either making a killing or getting liquidated, there’s no third way.
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Monitoring market trends? Ha, this guy probably has his eyes glued to the K-line now.
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2200 million ETH position with a floating loss of 120,000 and still able to sleep? I can’t do that.
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High leverage across multiple chains, this is gambling that the risk model won’t explode simultaneously.
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Setting the liquidation price so close... one black swan could make history.
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Playing 40x BTC with 795,000, this brother really has confidence in himself.
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Looking at these numbers, I just want to ask, where’s his stop-loss?
There is an interesting phenomenon in the market: a large leveraged trader has recently been increasing their positions with significant actions. According to on-chain data tracking, this trader has opened two new long positions—40x leverage long on BTC, investing approximately $795,000 of principal; at the same time, they also opened a 10x leverage long on HYPE, with an investment of about $245,000.
What’s even more noteworthy is the scale of their ETH position. This 25x leveraged ETH long currently holds 7,475 ETH, with a book value of $22.12 million, but it is currently showing an unrealized loss of about $120,000. Their liquidation price is set at $2,867, meaning if ETH drops below this level, they will be forcibly liquidated.
Adding up all the positions, this big trader’s total holdings are worth approximately $23.16 million. High leverage, large principal, and multiple cryptocurrencies simultaneously deployed—this strategy can amplify gains, but risks are also magnified accordingly. In the current volatile market conditions, such positions require constant monitoring of market movements.