Big Whale pension-usdt.eth 1000 BTC long position with a floating loss of $4.07 million, leverage trading risks become apparent

HashBard · 2026-01-20T06:08:12+00:00

Bitcoin recently fell below $92,000. Whale investor "pension-usdt.eth" used 3x leverage to go long on 1,000 BTC, with an unrealized loss of $4.07 million. This investor previously opened a position at an average price of $95,614.5 and is currently optimistic about the future trend of BTC, but the market performance contradicts expectations.

HashBard

2026-01-20 06:08:12

Abstract generation in progress

【Blockchain Rhythm】 Bitcoin has plummeted in the past two days, falling below $92,000. The big swing trader “pension-usdt.eth” is having a tough time. This whale used 3x leverage to go long on 1,000 BTC, worth approximately $91.53 million, but now the unrealized loss on the books has reached $4.07 million.

According to on-chain data monitoring, pension-usdt.eth initially entered the position at an average price of $95,614.5. After taking profits on a wave of ETH long positions on the 16th, this big whale turned around and went long on BTC, indicating a rather optimistic outlook on the market. However, the market did not move as expected, and this leveraged operation has indeed endured a significant drawdown.

ETH-4,58%

BTC-1,53%

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GasFeeTherapist

· 12h ago

Playing with 3x leverage on 1,000 BTC, this guy is really bold. Facing a floating loss of 4.07 million and still holding on. I can't learn to do that.

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SandwichTrader

· 01-20 06:38

Haha, another story of leverage explosion, 3x leverage is no joke. --- Did you buy in at 95614? Do you regret it now? This is what chasing the high costs. --- A floating loss of 4.07 million is nothing, the key is whether you can survive this wave. --- This guy in pension is a bit greedy, he closed ETH and still wants to go all in on BTC. --- Leverage, it’s great when you’re making money, but it’s really tough when you’re losing. --- Why do some people always think they can precisely bottom fish? The market is so capricious. --- 1000 BTC, this floating loss is almost as much as my net worth. --- That’s why I absolutely refuse to touch leverage, it’s too intense to handle. --- He might be betting on a rebound later, otherwise this order would have exploded long ago. --- I just want to ask if anyone guessed that 92,000 is the bottom?

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RunWhenCut

· 01-20 06:37

The fate of leverage players—no matter how big the whale, they can't escape the brutal blow of a pullback...

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SingleForYears

· 01-20 06:36

Leverage is a double-edged sword. This guy also has to taste the bitterness; 4.07 million USD just disappeared.

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OnchainUndercover

· 01-20 06:32

Leverage really, one moment you're fine and the next you're facing a big drawdown. This guy must be feeling pretty frustrated now. --- Playing BTC with 3x leverage—that's gambler's mentality. Losing 4.07 million is considered light. --- Another case of someone who was optimistic about the market but got slapped in the face. Don't even talk about whales; no one can escape the trap of leverage. --- Entered at 95,614, now at 92,000, still with 3x leverage... I really can't understand why anyone would dare to play like this. --- Closed ETH longs and switched all-in on BTC. The rhythm is terrible; the market doesn't wait for anyone. --- This is the current state on the chain. Even big players have to kneel. In front of leverage, everyone is equal. --- Can you stay calm with a floating loss of 4.07 million? I guess he's still cutting losses and selling off. --- BTC breaking 92,000 can't even withstand the big whales. It shows this drop was pretty fierce. --- 3x leverage, looks stable but actually is just gambling. Win the bet and brag, lose and go bankrupt. --- pension-usdt this order was a bit rushed. With such a sharp retracement, can still hold on, that's impressive.

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StealthDeployer