2026-01-19 04:35:46

Last Friday's high-leverage short position on ETH was the right call this time. When the market suddenly crashed between 7-8 AM this morning, this trader's short position was already in a floating profit of $170 ten thousand. More aggressively, he was adding to his short position just half an hour ago.

Currently, this position is quite large—30,639 ETH, with a total value of $98.51 million, and the average opening price is around $3,271. From the liquidation price of $3,296, this whale has a very limited risk buffer for himself, but clearly he has enough confidence in this downward trend.

This large-scale addition to a short position not only demonstrates the trader's confidence in the market direction but also reveals the hidden risks amid current volatility—especially the potential for sharp rebounds if the position's direction judgment is mistaken.

ETH-2,83%

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.

11 Likes

Reward
11
4
Repost
Share

Comment

0/400

AirdropHuntress

· 3h ago

The liquidation price only has a $25 buffer. This guy's really bold, isn't he afraid that a single rebound candlestick will wipe out all the profits? Still daring to add positions within half an hour, either he truly sees through the trend or he's just gambling. Data shows that such extreme leverage operations have a pretty high failure rate... $1.7 million floating profit is indeed tempting, but the key is how to exit next. Being too greedy can easily give back all the profits. This wave of market movement indeed has hidden risks. It's recommended to keep an eye on the follow-up actions of these major whale wallet addresses. One wrong step and you'll lose everything; you don't have the guts to play that game. Historical data shows that such extreme positions are often turning points, so you can watch or not. This pace is a bit fast; it feels like the volatility will be very intense later.

View OriginalReply0

NftRegretMachine

· 3h ago

Damn, this whale is too ruthless. A small rebound and it's gone immediately. Adding to short positions? This guy is really gambling with his life, liquidation price is right in front of him. A floating profit of 1.7 million, what does it mean? It shows that they are all betting that the rebound won't come back. This kind of operation is playing with fire. Eventually, it will blow up. Looking at his liquidation price, he’s basically leaving no way out. If it were me, I’d definitely be scared.

View OriginalReply0

SandwichDetector

· 3h ago

This whale really dares to do it, adding more even with the liquidation price so close? I wouldn't dare to bet with this heart.

View OriginalReply0

ChainWallflower

· 3h ago

This whale is really ruthless, adding more during the flash crash? The liquid price is only 25 yuan away, and it exploded with just one rebound. Made 1.7 million but palms are sweating. This is the joy and risk of large short positions, right? Bet correctly and enjoy unlimited glory; then reverse with an extreme rebound to completely clear the position—so刺激. Why does it feel more nervous than spot holders?

View OriginalReply0