Interesting on-chain movements. Recently, I saw a big player opening a substantial BTC long position on a leading derivatives trading platform—300 BTC, equivalent to $26.14 million. According to monitoring data, the average cost of this position is around $87,965, and it has already incurred a loss of $2.39 million. The liquidation line is set at $86,073.7, which is quite close to the current price.



What’s more noteworthy is this veteran’s take-profit and stop-loss strategy: starting to cut losses in batches when the price drops to $79,419, and taking profits in batches when it rises to $109,496. This price range isn’t particularly wide, indicating a fairly confident judgment of the market trend. From the order placed 7 hours ago to now, this position has become one of the top 5 largest long positions on the platform, showing high market participation.
BTC1,6%
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GasFeeCryingvip
· 12h ago
Bro, this move is really bold. The 86k liquidation line is so close, I have to give him a thumbs up.
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TokenomicsTherapistvip
· 12h ago
Wow, this guy is really bold, going head-to-head with 300 BTC. Now it's already down by 2.39 million... The liquidation line is so close, it's really risking it all, can't afford this kind of adrenaline rush. This take-profit and stop-loss strategy is quite clear-headed, it looks like he's really calculated the accounts, not just guessing and throwing around, but with this profit margin... To be honest, I can't quite understand where his confidence comes from.
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StablecoinArbitrageurvip
· 12h ago
hmm the liquidation price is basically kissing the bid, this guy's playing with fire ngl. that 30k spread between entry and TP though... actually if you calculate the risk-reward ratio accounting for basis points, the math doesn't even make sense unless he's expecting a pretty specific market microstructure shift. anyway, watching.
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AlphaBrainvip
· 12h ago
Damn, this liquidation line is really aggressive, with a loss of 2.39 million still not recovered. You must be very confident to operate like this.
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OnChain_Detectivevip
· 12h ago
ngl that liquidation line is giving me major red flags... 86k is way too close for comfort on a 26M position. one nasty wick and it's game over, pattern analysis suggests this whale is either extremely confident or running on pure emotion rn.
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