Whale strikes again: Former PEPE long positions with 5x leverage built up 6,776 ETH, with a unrealized profit of $470,000

ZkSnarker · 2026-01-22T04:00:12+00:00

A seasoned trader opened a position on January 22nd with 5x leverage, holding 6776.62 ETH at an average cost of $3006.63, with an unrealized profit of $47,000. He was the largest long holder for the PEPE trading pair, earning $963,600, but also incurred a loss of $223,900 from closing his ETH long position. Despite setbacks, he quickly adjusted his strategy, demonstrating his strong risk tolerance.

ZkSnarker

2026-01-22 04:00:12

Abstract generation in progress

【Blockchain Rhythm】On January 22nd, a highly regarded veteran trader made another move. This whale trader, who previously achieved remarkable success on a mainstream leveraged trading platform, opened a position with 5x leverage, holding 6776.62 ETH at an average cost of $3006.63. Currently, the unrealized profit on the books has reached $47,000.

Interestingly, this trading expert’s past track record is legendary. He was once the largest long holder of the PEPE trading pair on a well-known platform, ultimately earning a profit of $963,600 through precise market sensing. However, the trading market is always unpredictable—yesterday’s ETH long position was closed out, resulting in a loss of $223,900.

It seems this whale was not defeated by yesterday’s setback. Instead, he quickly adjusted his strategy and re-entered ETH with even higher leverage. This approach demonstrates the risk tolerance and market intuition of seasoned players—perhaps they have already spotted opportunities that other investors have yet to notice. However, for ordinary investors, such high-leverage operations should be approached with caution.

PEPE-4,51%

ETH-1,3%

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VitaliksTwin

· 11h ago

Damn, losing another 220,000 and still going all-in with 5x leverage—this mental toughness isn't something an ordinary person can have.

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CexIsBad

· 11h ago

Really incredible, 5x leverage with 6776 ETH... This guy is really not afraid of death Losing over 200,000 and still able to keep going like this, I really admire this mindset Will PEPE's profits be lost again on ETH... This is the difference between whales and us; a single loss can lead to an all-in on the next move The king of leverage truly lives up to his reputation, but it has a bit of a gambling vibe Yesterday's position only lost, but then it went 5x up again—such a clear-headed approach... or maybe just crazy Daring to add more with a floating profit of 470,000? This rhythm is off A PEPE profit of 960,000, and with this momentum, it will eventually be all lost sooner or later

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CascadingDipBuyer

· 11h ago

Lost 220,000 yesterday, now with 5x leverage and over 6,700 ETH today? This guy is really impressive... No one has better mental resilience.

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GamefiHarvester

· 11h ago

This guy really has a gambler's mentality. After losing 220,000, he still dares to use 5x leverage. Truly bold... He closed his position yesterday and added back today? Is it out of frustration or genuine confidence? Whales are just whales. A single loss doesn't really matter to them... Waiting to see if this wave can turn around, but I'm really a bit scared to play ETH with 5x leverage... This brother treats trading as an art. We're all struggling on the trading journey, while he's creating a legend...

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