Whale Shift to Contracts: $90.87M BTC with 20x leverage long position deployment

GasFeeLady · 2026-01-07T07:02:20+00:00

A seasoned trader recently made a large-scale investment in the futures market, injecting 15.5 million USDC into the Hyperliquid platform and establishing a Bitcoin long position worth 90.87 million USD with 20x leverage. Currently, there is an unrealized loss of 150,000 USD. Meanwhile, his spot account also holds 30,000 ETH, valued at 97.7 million USD.

GasFeeLady

2026-01-07 07:02:20

Abstract generation in progress

【Blockchain Rhythm】A seasoned trader who previously accumulated a profit of $96.67 million through Ethereum swing trading has recently shifted to the futures market. Starting yesterday, this major investor has consecutively deposited 15.5 million USDC into the Hyperliquid platform and then established a BTC long position with 20x leverage. The scale is quite astonishing—980 Bitcoins, with a total value of $90.87 million.

The entry price was $92,885 per Bitcoin. Unfortunately, the market did not move as expected after entering, and this futures position is now showing an unrealized loss of $150,000.

Interestingly, this trader did not put all his chips into futures. His spot account still holds 30,000 ETH, which, at the current price, is worth $97.7 million, effectively giving him another large Ethereum long position to wait with.

BTC-2.23%

ETH-3.7%

USDC0.04%

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AltcoinTherapist

· 1h ago

Playing with 20x leverage, you must have a big heart. Just ignore a floating loss of 150,000. Spot holding 30,000 ETH and still holding on, this guy is truly all-in on faith. Bought BTC at 92885, this position is a bit awkward, how should I say it? Even if the contract blows up, there's still spot backup. This risk control awareness is indeed commendable. But 20x leverage, a black swan crash could wipe everything out instantly. I can't sleep well with that risk. This hype, again advertising Hyperliquid. Invested so much money, now it's a gamble on a rebound or a genuine bullish outlook.

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LiquidatedTwice

· 01-07 07:32

Playing with 20x leverage, are you really not afraid of a total wipeout? --- 9087 million directly on the contract, this guy's guts are really big. --- Wait, there's still 30,000 ETH in spot holdings. Is this hedging or a different strategy? --- Entering with a floating loss of 150,000, is this the daily routine of big players? --- My goodness, bought Bitcoin at 92,885. This brother's vision is a bit sharp. --- It feels like this guy isn't trading, he's just throwing a tantrum. --- Can Hyperliquid's liquidity handle such a large order? --- Losing 150,000 now might be nothing to him, but 20x leverage is really walking a tightrope. --- From ETH swings to BTC contracts, is this addiction to making money? --- 30,000 ETH remaining untouched, it seems the real chips are still here.

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LayerZeroEnjoyer

· 01-07 07:32

Wow, risking 20x leverage like that—this guy's guts are really extraordinary. Just entered the market and lost 150,000. The futures market is like this; it really tests your mentality. What's impressive is that there are still 30,000 ETH just sitting there. This is the rhythm of a bullish trend. Bought BTC at 92,885; now it's all about whether it can turn around later. This bet is a bit risky. Holding both spot and futures positions together—if it really crashes, it could be troublesome. But this guy probably has a plan in mind.

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P2ENotWorking

· 01-07 07:31

Oops, 20x leverage directly hitting over 90 million. This guy really dares to play. Getting slapped with a 150,000 loss right after entering... This feeling... Even veterans who have made a billion still get wrecked. Contracts are not as simple as you think. Still holding 30,000 ETH. Is this a bet on a subsequent rebound? Feeling a bit hopeless... Bought BTC at 92885. With the current market... how long does it take to break even? Truly tests your mentality. This guy probably regrets it now. Spot trading is good, but he insisted on playing with 20x leverage...

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BearHugger

· 01-07 07:12

Playing BTC with 20x leverage and getting liquidated right after entering, what was this guy thinking... But he still holds 30,000 ETH, so it seems he's really not afraid.

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OvertimeSquid

· 01-07 07:03

Playing with 20x leverage, it's really either get rich quickly or blow up. Already lost 150,000 now, and still dare to go all-in like this, truly brave. With so much ETH spot and contracts all pressed on BTC, aren't you afraid of losing everything in one go? Liquidation textbook, just this routine. This guy made so much from swing trading, how did he suddenly switch to such a high-risk play? Holding over 90 million and still not feeling secure, insisting on 20x leverage to gamble, I just don't understand. Honestly, the timing of this entry was really off. Entered at 92885? If it continues to fall now, it will really be panic. With 30,000 ETH spot and BTC contracts combined like this, are you trying to double both sides or betting on one direction?

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Whale Shift to Contracts: $90.87M BTC with 20x leverage long position deployment

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Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
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