7.8 Giant Whale Shorts BTC 40x, $118.8 Million Short Position Shocks the Market! Do You Dare to Follow?
Every morning I check on-chain data, and today I discovered a super abnormal operation:
A giant whale account opened a short position of 1,097 BTC with 40x leverage, with a total value reaching $118.8 million, and the liquidation price set at $116,510.
This account is not an ordinary person; it previously made a profit of $13.6 million on the same platform and is a tough player among high-frequency strategy traders.
1. The High-Leverage Betting Logic of the Giant Whale
Precise entry timing: The opening price is $107,926, and the current market fluctuates around $108,000, with slight declines leading to profits.
Extreme leverage: 40x means that if the price rises by 2.5% (to about $110,573), the short position will be liquidated; but if it drops to $105,000, unrealized profits could exceed $3.8 million.
The liquidation price is set at $116,510, indicating that the giant whale is not worried about a short-term surge and may even collaborate with large on-chain transfers to crash the market, creating panic.
2. Want to Follow the Trade? First Ask Yourself Three Questions
Can you bear losing everything overnight?
40x leverage has extremely low margin for error; even a slight market rebound may lead to liquidation, which ordinary people cannot withstand.
Do you understand the market better than the giant whale?
This account has a historical win rate of 82%, is skilled in false breakouts and contrarian operations, and often alternates between going long and short to harvest retail investors.
Do you have a clear stop-loss plan?
Without a stop-loss mechanism, blindly following the trend will only lead to being taught a lesson by the market.
When a $118.8 million short position appears on-chain, some see an opportunity, while others see an abyss.
In the crypto market, making money relies on judgment, not imitation.
The giant whale has patience, strategy, and an information advantage, while what you may have is only impulse.
You can choose to follow the trade, but be sure to set a stop-loss; you can participate in the game, but don't bet your entire fortune.
The market always rewards rationality, not greed.
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