Whale uses 20x leverage to go long on 125 BTC, entering a new position worth approximately $11.24 million

robot
Abstract generation in progress

【BlockBeats】On January 22nd at 13:41, an on-chain movement drew attention. A whale wallet marked starting with 0x9311 made a move in the leveraged market—opening a new BTC long position with 20x leverage, with a single trade of 125 BTC, equivalent to approximately $11.24 million at market price.

The risk indicators of this operation are noteworthy: the current position is already showing an unrealized loss of about $9,978, with an average price stuck at $89,900, and a liquidation price set at $83,000. In other words, if BTC drops below $83,000 from the current price, this 125 BTC long position will be liquidated.

High leverage means greater volatility risk. This whale clearly has a short-term market outlook and is heavily betting on a bullish move. However, in the highly volatile crypto market, such large positions can often trigger chain reactions.

BTC-1,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MevHuntervip
· 01-22 06:33
Using 20x leverage to go all-in directly, this guy really dares to play. The liquidation price is 83,000, and a slight pullback at this level would be disastrous.
View OriginalReply0
ForumMiningMastervip
· 01-22 06:33
Playing with 20x leverage and only a 5,000 yuan liquidation price difference—this guy really dares to go that far.
View OriginalReply0
Tokenomics911vip
· 01-22 06:20
Playing with 20x leverage this big, does this guy really have confidence, or has his account been hacked?
View OriginalReply0
GasFeeCriervip
· 01-22 06:19
Playing with 20x leverage is really risking a heart attack, this guy truly dares to do it.
View OriginalReply0
FunGibleTomvip
· 01-22 06:16
Using 20x leverage to go up to 11.24 million—this guy is really bold. The liquidation price is only about $5,000 away.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)