High-Stakes Gamble: Whale Goes 40x Long on $BTC at $78K — Liquidation Looms
In what looks like a high-risk, high-reward play, a whale has taken a massive 844.81873 BTC #long position at an entry price of $78,146.7, using 40x leverage (cross mode). The liquidation price sits dangerously close at $76,811.
This wallet, funded by @Rewkang (though confirmed not to be Andrew Kang himself), deposited 2.5M USDC to go all-in on this bold bet. But within just the last hour, three stop-loss orders have already been triggered, signaling heavy turbulence ahead.
Now, only one major position remains — and the market isn't exactly showing mercy. With volatility picking up and liquidation just a short drop away, all eyes are on whether this whale can hold the line… or become another casualty of aggressive leverage.
Wallet address: 0xBb876071A63Bc4D9bfCf46B012b4437Ea7Ff4281