A major whale just opened a massive $99M short position on BTC with 40x leverage, putting themselves in precarious territory. The liquidation level sits at $89,130—any bounce above that triggers a cascade. What makes this move particularly risky is that this trader is already down $3M from previous positions. With that kind of underwater baggage, they're essentially doubling down hard, betting on continued downside. If Bitcoin rallies hard past the liquidation line, we could see some explosive unwinding here. Worth keeping an eye on.
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DegenWhisperer
· 2025-12-19 15:45
Playing with 40x leverage so aggressively, do you still dare to add positions after losing? This guy is really risking it all... Once it breaks through 89k, liquidation will happen, and the chain reaction will be so exciting.
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DuskSurfer
· 2025-12-19 15:41
This whale is really playing hard, risking a 3M loss and doubling down—either a gambler or a genius.
A major whale just opened a massive $99M short position on BTC with 40x leverage, putting themselves in precarious territory. The liquidation level sits at $89,130—any bounce above that triggers a cascade. What makes this move particularly risky is that this trader is already down $3M from previous positions. With that kind of underwater baggage, they're essentially doubling down hard, betting on continued downside. If Bitcoin rallies hard past the liquidation line, we could see some explosive unwinding here. Worth keeping an eye on.