When the giant whale enters the market, even the waves must make way!
Jin Xin likes to look at on-chain data right after breakfast, discovering that a mysterious giant whale has opened a short position of 1,097.47 bitcoins (approximately $118.8 million) with 40x leverage, locking in a liquidation price of $116,510! Even more shocking is that this account was previously a 'super player' that made $13.6 million on the platform. What I care about is whether ordinary investors can take advantage of the situation and share in the profits.



1. The whale's trump card: The life-and-death gamble of a $118.8 million short position

The trading strategy of this giant whale can be considered textbook-level:

  1. Precise Timing: The current bitcoin price is fluctuating around $108,000, while its entry price is locked at $107,926.6, meaning that as long as the price drops, one can make a profit immediately; if it rises, one must bear the risk of high leverage.

  2. Extreme Leverage: 40x leverage means that if the price rises by 2.5% (to $110,573), the margin will evaporate completely; however, if it drops to $105,000, the unrealized profit will exceed $3.8 million.

  3. The Mystery of the Liquidation Price: The liquidation price of $116,510 is far higher than the current price, indicating that the whale does not expect a short-term surge in the market and may even create panic by crashing the market.



3. Following others to make money? First ask yourself these three questions.

  • 1. Can you afford to 'zero out' overnight?

    40x leverage means that a 2.5% reverse fluctuation in price will trigger a liquidation! If you follow with $10,000, at the liquidation price of $116,510, the loss will be magnified to 40 times ($400,000). Remember: leverage is the poison for the poor, the game for the rich.

    2. Do you understand the market better than the whale?

    The historical operations of this account show:

    • Skilled at using 'false breakouts' to lure in buyers and then shorting, for example, in January 2025, it shorted using 10x leverage, then reversed to go long after a false breakout above $110,000, making over $8 million in a single day.

    • This short position may be combined with large on-chain transfers to create panic, such as monitoring a certain institutional wallet transferring 2,000 BTC to an exchange, which may be interpreted as a selling signal.

    This whale account has a historical win rate of 82%, having earned over $20 million through high-frequency trading in the past three months.


    Jin Xin's Viewpoint
    When the $118.8 million short position flashes on-chain, some see the wealth code, and others see the abyss trap. Remember: in the cryptocurrency market, there are no eternal bulls or bears, only eternal survivors.Copy trading is fine, but please bring a parachute for stop loss; gambling is okay, but don't bet your entire fortune.After all, the market always rewards rationality, not greed. Follow me for daily strategies and know in advance.





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