【Blockchain Rhythm】On-chain data shows that a large trader known for aggressive long strategies stopped out of a BTC long position on January 7th, with a scale of $93.82 million, ultimately closing after a loss of $1.689 million. The current status of this whale account is not very optimistic — their high leverage positions are mostly underwater.
Specifically, this large trader used 10x leverage to accumulate 5 billion PUMP tokens, with a cost basis of $0.0025 per token, now showing an unrealized loss of nearly $300,000. They also hold a 10x long position of 30 million FARTCOIN, entered at $0.4542, with an even larger unrealized loss of $776,000.
From this whale’s operations, it’s clear that aggressive high-leverage strategies face significant risks in the current market. The stop-loss and liquidation also reflect that even large funds are re-evaluating their risk management strategies.
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YieldWhisperer
· 01-08 10:57
nah see this is exactly the pattern i've been tracking for months... 10x leverage on literal meme coins? actually the math doesn't check out here lol
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nft_widow
· 01-07 10:22
The whales are already losing so much, and there are still people daring to go 10x leverage and gamble everything on a PUMP? Are they crazy?
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ImpermanentPhobia
· 01-07 10:22
1.68 million is this? I thought it was more miserable. Is this whale really just playing games?
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PUMP and FARTCOIN and other coins still dare to use 10x leverage. They've really had enough.
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It seems that no matter how big the money is, it can't stop the high leverage from cutting the leek. I'm convinced.
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Reassessing the loss management? Why didn't you do it earlier? This time is the real lesson.
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I just want to know how much ammo this guy still has to continue going all-in.
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Aggressive bulls in this kind of market are just making money. How come some people still haven't learned?
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After stop-loss and closing positions, you still have to hold onto the PUMP and FARTCOIN traps. Who gave you the courage?
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Is this called a whale? A bit disappointing. No matter how much funds there are, it can't withstand this kind of play.
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GateUser-4745f9ce
· 01-07 10:19
Haha, even whales are no longer effective. Overleveraging really causes a bloodbath.
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This is the price of greed, with things like PUMP and FARTCOIN using 10x leverage... crazy.
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Lost 1.68 million, still a big player, indicating that the current market is indeed fierce.
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Big funds are all stopping losses, while retail investors are still sleepwalking.
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10x leverage buried 5 billion in PUMP. Such guts, now they're scared.
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It seems no one can escape this wave of decline, even whales have to admit defeat.
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The underwater position ratio is frightening; he might be liquidated again.
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PUMP and FARTCOIN were already risky, adding leverage? Purely giving away money.
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Aggressive strategies in a bear market are suicide; it's high time to reflect.
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LiquidationWizard
· 01-07 10:18
Even whales can't handle it anymore. The aggressive leverage strategy really needs to be scaled back.
Whale stops loss on BTC long position with a loss of 1.689 million, all high-leverage PUMP and FARTCOIN positions are floating losses.
【Blockchain Rhythm】On-chain data shows that a large trader known for aggressive long strategies stopped out of a BTC long position on January 7th, with a scale of $93.82 million, ultimately closing after a loss of $1.689 million. The current status of this whale account is not very optimistic — their high leverage positions are mostly underwater.
Specifically, this large trader used 10x leverage to accumulate 5 billion PUMP tokens, with a cost basis of $0.0025 per token, now showing an unrealized loss of nearly $300,000. They also hold a 10x long position of 30 million FARTCOIN, entered at $0.4542, with an even larger unrealized loss of $776,000.
From this whale’s operations, it’s clear that aggressive high-leverage strategies face significant risks in the current market. The stop-loss and liquidation also reflect that even large funds are re-evaluating their risk management strategies.