The giant whale loses 510,000 USD! Late at night, frantically dumps 14,000 ETH; does gambler logic bury tens of millions of dollars?
In the dark night of the crypto world, a thrilling high-stakes gamble is unfolding.
On-chain tracking shows that a mysterious giant whale, while the ETH price stubbornly holds at the 1,800 USD level, crazily borrows coins to dump 14,000 ETH (worth 179 million USD), attempting to use an enormous short position to attack the market. However, reality is cruel—his average short position of 1,791 USD is already down 510,000 USD; more ironically, during the intense price fluctuations of one hour, he chooses to continue adding 4,000 ETH to his short position, pushing this “suicidal shorting” to a climax.
Is it pre-judgment? Is it panic? Or is it the final revelry of a gambler?
While everyone focuses on the positive aspects of the ETH ecosystem, this giant whale bets against a crash. The market responds coldly to his obsession with losses: for every 1 USD fluctuation, his account evaporates 56,000 USD. If the ETH price breaks 1,830 USD, the liquidation process may instantly consume his tens of millions of positions.
This game has long surpassed technical analysis, exposing the most primal greed of human nature—a death loop of covering mistakes with bigger mistakes.
The warning from the giant whale: there is no 'get out of jail free' card in the crypto market.
His story tears apart the industry's facade: even with billions in funds, the collision of leverage and ambition can still lead to zero overnight. As retail investors gasp at his madness, the data already provides the answer—over the past 30 days, more than 78% of Ethereum shorts have been liquidated. In an uncertain abyss, the only thing that might save you is perhaps not the courage to go all in, but the most basic respect for the market.
Are you trapped? When to buy the dip? Still the same old saying, if you are confused and helpless and don’t know what to do, tap on the profile picture to comment. I need fans and you need references.
