2026-01-07 01:22:30

On-chain monitoring data shows that a whale account that previously shorted 255 Bitcoin has recently fallen into trouble. This trader used high leverage on multiple mainstream cryptocurrencies: 10x on Bitcoin, 15x on Ethereum, 20x on SOL and XRP, and 3x on STBL. The result? The accumulated unrealized loss has exceeded $7 million. Even more heartbreaking, this whale was previously profitable with $5.5 million, but now has turned around and lost $2.5 million. The shift from profit to loss is playing out right before our eyes. This also serves as a reminder to traders of how powerful the destructive force of high leverage can be when the market moves against them.

BTC-2,61%

ETH-4,06%

SOL-2,59%

XRP-7,31%

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GasFeeSurvivor

· 5h ago

This whale really deserves it. Starting to get cocky with previous profits, using 20x leverage to play SOL and XRP? Are you out of your mind? You should have been liquidated long ago.

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MetaReckt

· 01-07 01:51

7 million directly evaporated, this is the price of greed.

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OldLeekNewSickle

· 01-07 01:51

255 open short positions directly wiped out, this is the cost of greed. Leverage is truly a double-edged sword. Going all-in with high leverage, if the market moves against you, it can explode instantly. This guy should reflect on his risk management. From a profit of 5.5 million to a loss of 2.5 million, it was gone in an instant. The power of leverage is indeed formidable. Another real-life textbook example showing us what overconfidence looks like. Even this whale has times of losing, indicating that no one can consistently beat the market. It's better to play it safe.

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ShibaMillionairen't

· 01-07 01:50

Bro, this is what you call greed leading to self-destruction. You dare to open a 20x leverage short position on 255 Bitcoins. You deserve to be liquidated.

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FundingMartyr