Large traders with high leverage long positions are experiencing unrealized losses, FARTCOIN and BTC holdings are trapped in a dilemma

robot
Abstract generation in progress

【Blockchain Rhythm】On December 31, a market intelligence platform detected the latest position changes of a seasoned long trader. This well-known whale has gradually closed long positions in ETH, SOL, UNI, and PUMP. Currently, the account still holds two high-leverage long positions, but life has become a bit tough.

One of them is a 10x leveraged long position in BTC, with a scale of $29.64 million. Since opening at an average price of $89,013.1, it has already incurred an unrealized loss of $88,000. There is also a 10x leveraged long position in FARTCOIN, with a scale of $5.82 million, an entry price of $0.2945, and now a loss of $65,000. This trader has evidently faced a setback with high-leverage bets, with all positions currently underwater.

FARTCOIN-7,14%
BTC-1,13%
ETH-0,18%
SOL-0,27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
AlwaysQuestioningvip
· 10h ago
Why is this whale still holding on? Should have cut losses earlier...
View OriginalReply0
SignatureDeniedvip
· 11h ago
This whale is probably going bankrupt, still daring to play with 10x leverage.
View OriginalReply0
BTCBeliefStationvip
· 11h ago
This whale also has to suffer losses; high leverage is like gambling with fate.
View OriginalReply0
SigmaBrainvip
· 11h ago
Big whales are playing with fire, going all-in on BTC and FARTCOIN with 10x leverage. Just a few points drop, and they're on the brink of bankruptcy.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)