【Block Rhythm】A whale with an address of 0x50b30 recently staged a clever counter-trade. After closing a previous BTC long position and earning $5,300 in profit, this trader did not stop. They immediately opened a short position on ETH, shorting 11,694.63 ETH with 14x leverage, with an entry price set at $3,088.64. However, this move didn’t go as smoothly as hoped—currently, the unrealized loss has reached $280,000. This series of actions by the whale reflects differing opinions among market participants on the future trend of ETH and also serves as a reminder for traders to be extra cautious when using high leverage. Every move by large holders warrants close attention.
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FlatlineTrader
· 19h ago
The 5300 yuan earned turned into a 280,000 yuan loss when resold. What's going on with this whale? Greed can't handle hot tofu.
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RamenDeFiSurvivor
· 19h ago
Made 5300 and rushed to sell ETH. This guy wanted to gamble with leverage, but ended up losing 280,000. LOL
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4am_degen
· 19h ago
Making 5300 and rushing to all-in short positions, this whale probably wants to experience the joy of 280,000.
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GasFeeLady
· 20h ago
lmao 0x50b30 really said "quick 5k, now let me yeet it all on eth shorts" 💀 14x leverage is not the move when you're already down 280k... that's just gwei watching gone wrong, honestly. big whale energy but the execution? nah.
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LiquidityHunter
· 20h ago
Made 5,000 quickly and then lost 280,000. This tactic is really amazing haha
Whale closes BTC position for quick profit, turns to short ETH and misses out on 280,000
【Block Rhythm】A whale with an address of 0x50b30 recently staged a clever counter-trade. After closing a previous BTC long position and earning $5,300 in profit, this trader did not stop. They immediately opened a short position on ETH, shorting 11,694.63 ETH with 14x leverage, with an entry price set at $3,088.64. However, this move didn’t go as smoothly as hoped—currently, the unrealized loss has reached $280,000. This series of actions by the whale reflects differing opinions among market participants on the future trend of ETH and also serves as a reminder for traders to be extra cautious when using high leverage. Every move by large holders warrants close attention.