Someone went all-in with maximum leverage: total notional value of the long positions is about $186.7 million
Lookonchain: A “gambler” opened leveraged longs at the maximum—1,822 $BTC (about $149.5 million, liquidation price around $80,637.87), plus 15,270 $ETH (about $37.25 million, liquidation price around $2,406.08).
Total position: about $186.7 million. This isn’t a dollar-cost averaging story—it’s a position with the liquidation line written all over it.
Anyone who studied volatility at Jiaotong/NTU knows: leverage magnifies both gains and losses—and shrinks your margin for error.
As a 985 graduate waiting to break even, watching from Singapore, I’ve seen it all: others are betting on direction while I’m still calculating my break-even point…
What do you think of this fully loaded long? $BTC $ETH #Binance Square
Reply 1: Bullish. If a whale is willing to use leverage, they must have conviction.
Reply 2: Dangerous. The liquidation price isn’t far away—don’t follow the crowd.
Reply 3: Wait and see. First, let’s see whether they keep adding to or trimming the position.
Lookonchain: A “gambler” opened leveraged longs at the maximum—1,822 $BTC (about $149.5 million, liquidation price around $80,637.87), plus 15,270 $ETH (about $37.25 million, liquidation price around $2,406.08).
Total position: about $186.7 million. This isn’t a dollar-cost averaging story—it’s a position with the liquidation line written all over it.
Anyone who studied volatility at Jiaotong/NTU knows: leverage magnifies both gains and losses—and shrinks your margin for error.
As a 985 graduate waiting to break even, watching from Singapore, I’ve seen it all: others are betting on direction while I’m still calculating my break-even point…
What do you think of this fully loaded long? $BTC $ETH #Binance Square
Reply 1: Bullish. If a whale is willing to use leverage, they must have conviction.
Reply 2: Dangerous. The liquidation price isn’t far away—don’t follow the crowd.
Reply 3: Wait and see. First, let’s see whether they keep adding to or trimming the position.