2026-01-07 06:58:10

Interestingly, a major trader who previously made nearly one billion yuan from ETH swing trading has now started using leverage.

Since yesterday, he has continuously transferred 15.5 million USDC to Hyperliquid, opening a 20x leveraged long position with 980 BTC (total account value approximately 90.87 million). The entry point was at $92,885, and currently, there is a floating loss of 150,000. It seems this whale not only wants to do spot swing trading but also aims to compete in the futures market. This kind of operation indeed carries greater risk.

ETH1,09%

BTC0,3%

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LoneValidator

· 01-10 02:35

Making a billion isn't too much, and you still want to play with 20x leverage for excitement—your mindset is really bold.

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HodlVeteran

· 01-10 02:21

Oh man, this guy is really floating now. After earning 100 million, he still wants to leverage. I was taught how to deal with the market back in the day... 20x margin on 980 Bitcoin? Isn't that gambling? A floating loss of 150,000 is just the beginning. When a bear market hits, brother, you'll be liquidated directly. Money earned from swing trading often gets lost back in leverage. I've seen this cycle too many times. Spot trading is much better, everyone. Why seek excitement in futures contracts... Whales can also get wrecked. Basically, it's about losing your mindset. Having more money makes it easier to make mistakes. I think this guy is not far from liquidation. Let's pray he can come out alive. This is what you call the typical rhythm of earning a billion and losing a billion.

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TokenTherapist

· 01-07 07:27

Wow, making 100 million and still playing with 20x leverage? This guy really isn't afraid of death.

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SelfSovereignSteve

· 01-07 07:23

Making a billion with 20x leverage? Truly never satisfied. If this blows up and gets liquidated, I’ll be laughing to death.

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NFTBlackHole

· 01-07 07:19

Oh no, this is the all-in rhythm. A big player with over 100 million still dares to play with 20x leverage... 20x leverage is just making friends with liquidation. A floating loss of 150,000 is just the beginning. The gains from swings are not enough to cover the contract losses—that's the reality.

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RooftopReserver

· 01-07 07:12

Made a hundred million and still want to play with 20x leverage, really bored of having too much money.

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