💀 70 Days of Hope, 1 Minute of Pain: Whale "0xa5B0" Locks in $9.6M Loss and RE-LONGS! 💥
The crypto world just witnessed a masterclass in high-stakes conviction—or perhaps ultimate stubbornness. After holding a massive
$ETH long for over 70 days, the whale known as 0xa5B0 finally blinked, closing the position for a staggering $9.63 million loss.
But the story didn't end there. In a move that has the community buzzing, he didn't walk away; he doubled down.
🔄 The "Re-Venge" Trade
Almost immediately after the liquidation/closure, the whale opened a fresh 15x Leverage long. Here are the jaw-dropping stats:
📉 Size: 60,000 ETH (approx. $123.36 Million)
🎯 Entry Price: ~$2,059.8
🛑 Liquidation Point: $1,329
💸 Initial Bleed: Already down ~$222K as ETH hovers near $2,056.
📊 A Risky Bet in a Bearish February
Ethereum has had a rough start to 2026, tumbling 3% today and flirting with the psychologically critical $2,000 level. With January closing red and February historically being a "make-or-break" month, 0xa5B0 is essentially betting against the current trend.
His total account PnL is now swimming in a sea of red, down roughly -$8.37M across all perp positions. While he has plenty of breathing room before the $1,329 liquidation mark, the funding fees alone are starting to "nibble" at his $8.22M margin.
🧊 Conviction or Chaos?
Is this a smart move by a whale who knows a "V-shaped recovery" is coming, or is it a classic case of chasing a loss? In the world of 15x leverage, the line between a genius and a cautionary tale is razor-thin.
What’s your move? Are you following the whale into the long, or is
$ETH headed for $1,800? Let's hear your predictions! 👇
#Ethereum #CryptoWhale #tradingStrategy