【Block Rhythm】A well-known bullish whale has recently made some interesting moves——betting on two altcoins simultaneously, and both positions are now underwater.
Specifically, this major trader used 10x leverage to go long 7.68 million FARTCOIN, with an average entry price of $0.4542 per coin. At current market prices, the account has already incurred an unrealized loss of $448,000.
Even more aggressive is another position: 40x leverage going long 1.28 billion PUMP, with an average entry price of just $0.0025 per coin. This high-leverage position is also in the red, with an unrealized loss reaching $319,000.
Combined, the two positions have unrealized losses exceeding $760,000. This is the price of high leverage——when you get the trend right, you can multiply your capital quickly, but once the direction reverses, losses accumulate at an astonishing rate. Altcoins themselves are highly volatile, and adding 40x ultra-high leverage on top of that pushes risk to extreme levels.
クジラの高レバレッジ操作の落とし穴：2つのアルトコインの保有が共に76万ドルの含み損に
【Block Rhythm】A well-known bullish whale has recently made some interesting moves——betting on two altcoins simultaneously, and both positions are now underwater.
Specifically, this major trader used 10x leverage to go long 7.68 million FARTCOIN, with an average entry price of $0.4542 per coin. At current market prices, the account has already incurred an unrealized loss of $448,000.
Even more aggressive is another position: 40x leverage going long 1.28 billion PUMP, with an average entry price of just $0.0025 per coin. This high-leverage position is also in the red, with an unrealized loss reaching $319,000.
Combined, the two positions have unrealized losses exceeding $760,000. This is the price of high leverage——when you get the trend right, you can multiply your capital quickly, but once the direction reverses, losses accumulate at an astonishing rate. Altcoins themselves are highly volatile, and adding 40x ultra-high leverage on top of that pushes risk to extreme levels.