Whale is using 5x leverage to go long on 120 BTC, currently experiencing unrealized losses.

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【Blockchain Rhythm】Interesting on-chain activity: On the morning of January 16, a whale address (0x720a6) suddenly started going long on BTC. Leveraged at 5x, it quickly bought 120 BTC, with an average price of $95,583.4. Currently, this position is somewhat trapped, with unrealized losses.

Careful observation of this wallet’s trading habits reveals that this guy plays the high leverage full-position strategy—taking advantage of the small boat’s easy turnaround to quickly switch between mainstream coins. The recent key trading assets are BTC, ETH, and META, flipping between these three. This aggressive leverage mode maximizes both risk and reward. It’s worth paying close attention to how this position unfolds.

BTC-0,11%
ETH-0,17%
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CryptoNomicsvip
· 17h ago
actually, if you run a basic correlation matrix on this whale's trading pattern, the statistical significance drops below 0.05 immediately. classic case of confusing volatility clustering with genuine alpha generation.
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LiquidityWitchvip
· 17h ago
With 5x leverage, still daring to throw in 120 BTC, this guy is really crazy. In my opinion, this is just gambler's mentality; sooner or later, you'll have to pay up. By the way, how are the previous transaction records of this address? Has it ever been liquidated? Losing 120 BTC is indeed painful, but this guy probably doesn't mind that little floating profit and loss. This is full-position gambling—win big and you're a master, lose and you have to run. I have to say, this trading style is indeed somewhat impressive, but it's too risky. Playing BTC with 5x leverage—are you aiming for a thousand one day or trying to go to zero? The key is how this guy handles it afterward—liquidation or holding on tight. This high-risk, high-reward approach, 99% of people can't play it, and 99% of those who try will lose.
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MintMastervip
· 17h ago
Really brave, going all-in with 5x leverage on 120 units. If he's not a gambler, then he's truly confident. This wave of floating loss is uncomfortable, but with a small boat, it's easier to turn around. The key is when to make the move. Contracts are like that—winning is exhilarating, losing... well, let's just watch the show quietly.
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NervousFingersvip
· 17h ago
5x leverage 120 BTC? This guy really dares to do it. He's still willing to watch even when he's trapped, I don't have that mindset.
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DeFiChefvip
· 17h ago
This guy is really bold. Using 5x leverage to go all-in on BTC and getting liquidated. I think this wave is probably going to lead to a margin call. Leverage traders are just like this—bragging when they make money, silent when they lose. 120 BTC, how much USD does that take? It’s a bit outrageous. Playing with high leverage will eventually lead to losses, it’s just a matter of whether it’s small or big. This wallet is probably an institution or a big investor. Is it better to turn the ship around? I think it’s courting death. Turning the ship around is indeed good, but with 5x leverage, it’s sunk with one step, haha. How will this end? Eighty percent probably will cut losses and clear the position, otherwise, they’ll just get wrecked. I just want to see when this guy will cut his losses—that’s the real show. 120 Bitcoins, how awesome do you have to be to do this? Now he’s probably regretting it to the core. Damn, this is the price of ignoring advice. I told you leverage is poison.
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ExpectationFarmervip
· 17h ago
5x leverage 120 BTC, seriously not afraid of death
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rugged_againvip
· 17h ago
5x leverage, 120 BTC. This guy really dares to play. Now he's caught in it, serves him right. --- It's that high leverage switching game again. Eventually, it will blow up. --- Entered at 95583, how's it looking now? It seems a bit painful. --- This kind of play will inevitably be liquidated sooner or later, either today or tomorrow. --- Just do 120 BTC like this, such boldness. --- Using full leverage at 5x and still going long, how strong is your mentality? --- The key is, not cutting losses when floating losses occur—that's true gambling. --- Another high leverage enthusiast, same outcome. --- Small boat, easy to turn around, but also easy to capsize. --- BTC, ETH, META going back and forth, isn't that exhausting? --- This order will be cleared sooner or later. We're just waiting to watch the show. --- Long 120 BTC, you'll regret it sooner or later.
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