2025-12-30 05:23:20

On-chain data shows that a large holder took a hit during recent market volatility. On December 30th, this trader closed out $270 million worth of BTC/ETH/SOL short positions, ultimately incurring a loss of about $50,000.

Tracing back to the beginning of the story: on December 19th, this address sold 255 BTC. But instead of holding, they used the funds to initiate an aggressive leveraged position—shorting BTC 10x, ETH 15x, and even going up to 25x leverage on SOL. This high-risk strategy was especially vulnerable during market fluctuations, ultimately leading to a liquidation. From selling coins to closing the position, in less than two weeks, the account experienced a rollercoaster of gains and losses.

BTC1,67%

ETH1,95%

SOL1,61%

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FrogInTheWell

· 10h ago

Oh my goodness, this guy is really flying high. With 255 BTC, he dares to use 25x leverage to play SOL. I didn't expect such a big whale to be so reckless.

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MEVHunterWang

· 10h ago

Haha, another leveraged gambler. 25x leverage on SOL. Really thinking about getting rich overnight. --- Holding 255 Bitcoins improperly, insisting on shorting. What a mind. --- Lost 50,000 in two weeks, luckily not 5 million. But this guy definitely knows how to play. --- 15x ETH short, probably just throwing a tantrum. The loss is deserved. --- Leverage is just a money-eating machine. Look how many people have fallen for it. --- Only losing 50,000 on a $270 million position? Lucky indeed. --- BTC 10x short, ETH 15x short, SOL 25x short. Are they trying to finish it all in one go? --- Basically, it's greed. Holding coins without satisfaction and insisting on adding leverage to cause trouble. --- This move is a textbook example of a cautionary tale, haha.

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bridgeOops

· 10h ago

Uh... playing SOL with 25x leverage? This guy is really brave, he's playing with fire.

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SignatureLiquidator

· 10h ago

I'll just say it, playing SOL with 25x leverage? This guy really wants to go big.

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unrekt.eth

· 10h ago

Haha, such courage. 25x leverage on SOL. Is this brother trying to go all-in in one shot? --- Two weeks and 270 million is gone. Is this the legendary speed run of bankruptcy? --- Selling 255 BTC and then going short? Did your brain flood or did you hit your head on something? --- No, I really can't understand this logic. Why bother torturing yourself like this? --- Another one controlled by leverage-induced fear. It's time to learn a lesson, right? --- I laughed out loud at 25x leverage on SOL. This isn't gambling; it's a suicidal trade. --- Fifty thousand dollars in tuition fees, not too expensive, right? --- This set of operations looks like a gambler's mentality. No wonder it blew up.

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0xSoulless

· 10h ago

Uh... 255 Bitcoins can still lose 50,000? This guy really knows how to play, with 25x leverage straight to liquidation. In just two weeks, from cutting losses to liquidation, I've seen this script too many times. And you still dare to short the market? Serves you right.

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IfIWereOnChain

· 10h ago

Haha, this guy really is playing with fire. Using 25x leverage to go long on SOL—no wonder he got wrecked. --- Selling 255 BTC still isn't enough; he has to gamble with leverage. This mindset is beyond me. --- In two weeks, there was $270 million in and out, just to lose $50,000... I really don't understand this trading logic. --- Shorting with 10x, 15x, 25x leverage—are they trading or gambling? I just can't wrap my head around it. --- Another story of high leverage. Why do these big players always like to go against the market? --- Selling coins to short, then getting slapped in the face. Isn't this happening on-chain every day? --- SOL with 25x leverage—this guy really dares to do it. And this is the result... --- Closing the position with a $50,000 loss may seem small, but the real issue is the mindset behind it.

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