After the failure of short-term operations by a giant in the crypto market, they shifted to PEPE for profit, attracting attention to leveraged trading strategies
On-chain monitoring platform Lookonchain disclosed
An anonymous giant investor recently engaged in a series of high-risk leveraged operations in the crypto market.
The investor significantly opened a long position in TRUMP tokens two hours ago, but unexpectedly faced a price flash crash that quickly triggered the liquidation mechanism, resulting in the forced liquidation of some assets.
It is noteworthy that after the setback in trading TRUMP, this giant immediately adjusted their strategy, opting to heavily bet on the meme coin PEPE with 10x leverage. The latest data shows that this quick shift has generated an unrealized profit of $81,000, demonstrating the rapid adaptability of large investors in a volatile market.
Such high-leverage operations carry extremely high risks in meme coin trading; although this repositioning has temporarily yielded profit, the positions still face significant liquidation risk amid severe market fluctuations.
This incident also reflects the current trend of speculative funds in the crypto market rotating between political concept coins and meme coins.
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