The crypto world is once again shaken by shocking news! According to the latest report from PANews, on June 18, the on-chain monitoring expert Onchain Lens uncovered a major move — the mysterious whale player @AguilaTrades ruthlessly cut off their 20x leveraged Bitcoin long position. Calculating two trades, the massive loss amounts to $15.42 million (over 110 million RMB)! This number is something an ordinary person would take a lifetime to earn!
20x leverage sounds like it makes your heart race! It's like speeding on the edge of a cliff; if you steer correctly, the returns can indeed soar; but once the market makes a sharp turn, even a slight shake in Bitcoin's price can throw you off the 'car,' leading to significant losses. The painful lesson from this whale is the loudest alarm — high leverage is a double-edged sword; if not handled well, it can cut you!
When a whale takes a loss, does it mean a big storm is coming? Don't panic! Experienced players in the crypto world know that every major move by a whale has complex underlying reasons. It could be a personal risk management strategy adjustment, or it could be that the funds are arranged elsewhere. Currently, the overall trend of Bitcoin hasn't worsened, and market liquidity remains abundant; a normal correction in a bull market is perfectly healthy. This single event does not equal a market crash!
Seeing the big players stumble, we ordinary players must stabilize our mindset:
Leverage is fierce as a tiger, use it with caution! Especially high leverage, don't touch it if you're not an expert; be careful not to injure yourself.
Investing spare money is a golden rule! Use money you can afford to lose, so you can sleep well at night.
Position management is a lifeline! Don't put all your eggs in one basket; staggered layouts are more reassuring.
Contract risks are high, beginners please stay away! Honestly executing spot trades, and taking steady steps will last longer.
The tuition paid by whales is expensive, but we ordinary players must learn to be smart. Opportunities in the crypto world are always there; surviving and thriving for a long time is the hard truth! Reject a gambler's mentality and stick to value investing to seize real opportunities amidst the storms!
The mysterious whale exploded in liquidation for $15 million overnight! But you should know that at the same time, my community accurately avoided the pitfalls + made a 12% profit on the rebound. Liquidation is someone else's accident, but it is our wealth script! Want to intercept whale movements in real time? If you want to delve deeply into the crypto world but can't find clues, want to quickly understand the information gap, click on my profile to follow me and gain first-hand news and in-depth analysis!
