【Blockchain Rhythm】A well-known bullish whale’s recent moves are quite interesting—simultaneously betting on two altcoins, and both ended up getting trapped.
Specifically, this big player used 10x leverage to hold 7.68 million FARTCOIN, with a cost basis of $0.4542 each. According to the current market, the account is already floating a loss of $448,000.
Even more aggressive is another position: 40x leverage to long 1.28 billion PUMP, with an average entry price of only $0.0025. This high-leverage position is also losing, with an unrealized loss of $319,000.
Adding both positions together, the floating loss exceeds $760,000. This is the cost of high leverage—when the trend is right, it can quickly appreciate, but once the direction reverses, the loss rate is also astonishing. Altcoins are inherently volatile, and with leverage as high as 40x, the risk factor skyrockets.
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SignatureVerifier
· 01-11 04:12
40x leverage on shitcoins... yeah, that's not due diligence, that's just statistical improbability waiting to happen. zero-day lesson right there.
Reply0
SchrödingersNode
· 01-09 04:31
Playing altcoins with 40x leverage, isn't that gambling? It should have been liquidated long ago.
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CodeZeroBasis
· 01-08 05:39
Playing altcoins with 40x leverage, this isn't trading, it's gambling with your life.
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FunGibleTom
· 01-08 05:39
Playing PUMP with 40x leverage... This guy is really daring, liquidation is just around the corner at the next limit down.
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GraphGuru
· 01-08 05:38
Playing shitcoin with 40x leverage? This guy really dares to do it. Losing 760,000 is just paying tuition.
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FloorPriceWatcher
· 01-08 05:36
Playing altcoins with 40x leverage, this is really a gamble against your own wallet.
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ContractSurrender
· 01-08 05:31
Playing altcoins with 40x leverage, how much can you gamble... Losing $760,000 just like that, that's pretty intense.
Whale high-leverage operations hit a snag: Both altcoin holdings simultaneously lost $760,000 in unrealized gains
【Blockchain Rhythm】A well-known bullish whale’s recent moves are quite interesting—simultaneously betting on two altcoins, and both ended up getting trapped.
Specifically, this big player used 10x leverage to hold 7.68 million FARTCOIN, with a cost basis of $0.4542 each. According to the current market, the account is already floating a loss of $448,000.
Even more aggressive is another position: 40x leverage to long 1.28 billion PUMP, with an average entry price of only $0.0025. This high-leverage position is also losing, with an unrealized loss of $319,000.
Adding both positions together, the floating loss exceeds $760,000. This is the cost of high leverage—when the trend is right, it can quickly appreciate, but once the direction reverses, the loss rate is also astonishing. Altcoins are inherently volatile, and with leverage as high as 40x, the risk factor skyrockets.