Brothers, playing with high leverage is a heartbeat game, betting on life!

Latest data shows: a certain whale just dumped 1 million USDC on Hyperliquid, hoarding SOL with 20 times leverage. This is equivalent to using 5 million dollars in capital to leverage a position of 10.13 million dollars (about 48,000 SOL), but the risk is extremely deadly—once the price of SOL falls below 195.19 dollars, the system will automatically liquidate, evaporating a million dollars in an instant.

Here is a data trap: the actual holding is 48,000 SOL, but the total value calculated at the current market price should be 9.6 million dollars (correcting the original erroneous estimate of 10.13 million), and the leverage ratio also needs to be noted as 20 times rather than a higher multiple.

Personal opinion + case

This kind of operation is like dancing on the edge of a knife—last year, a big player used 15 times leverage to go for LINK, and a 3% price fluctuation directly triggered a chain liquidation. The players who truly make money are those with low leverage + accumulating positions in batches, like a certain institution I know that used 3 times leverage to dollar-cost average into BTC last year, and now their unrealized profits have doubled.

Want to know if this whale can avoid the liquidation crisis? Tonight, I will be monitoring the on-chain liquidation data in real-time, click to follow for exclusive warning alerts! #鲸鱼 $SOL