A certain fish bets tens of millions of USDT on Bitcoin! Life-threatening leveraged operation exposed!
Just now! An active on-chain user, known as a certain fish, completed a shocking operation in just 8 hours—borrowing 10.2 million USDT from Aave through a loop loan, directly purchasing 109.2 WBTC, with an entry price as high as $93,331! This is not just a simple buy, but an extreme high-risk, high-reward bet!
Currently, this address holds a total of 256.2 WBTC (with a market value of approximately $24.12 million), with an overall entry cost of $87,162. But what is alarming is that the health ratio of this leveraged long position is only 1.14; once the price drops below $82,457, a liquidation crisis will immediately be triggered!
The signals released by this operation are extremely clear: the certain fish is very confident, believing that Bitcoin still has upward potential in the future; at the same time, it also suggests that the market will experience severe fluctuations in the short term, and leveraged players must strictly control risks!
In the current market, where the battle between bulls and bears is becoming increasingly fierce, large on-chain actions often signify the approach of a trend tipping point. Will it be a dramatic comeback or a liquidation tragedy? Time will give us the answer.
Dear friends, faced with such a dramatic high-leverage operation, are you more optimistic about Bitcoin breaking $100,000? Or are you worried about the chain reaction caused by leverage? Feel free to share your judgment in the comments!