2026-01-07 05:24:26

A market rebound has occurred, and the big whale holding a position worth over $230 million instantly turned the tide. Half a month ago, he was deeply trapped with a floating loss of $74 million, about to be forced into a small black room, but he stubbornly rebounded to break even. Now he has already made a profit of $26.82 million, and the entire rebound has contributed over $100 million in profit.

Interestingly, this trend did not follow the market expectations. Everyone was waiting for ETH to drop to around $2100 and then blow him out, followed by a rebound from the ashes. But what happened? That scenario never played out; it just went up 😂

Currently, this brother's long positions are valued at $825 million, with a leverage of 3.2x. In such a highly volatile market, holding such a position is both exciting and risky.

ETH0,24%

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.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

ChainWanderingPoet

· 01-09 18:22

This whale's luck is incredible, almost got liquidated but managed to rebound to break even and even make a profit. Everyone was waiting for a dip, but it actually went up. That's the magic of crypto. Using 3.2x leverage to hold 825 million, this guy's guts are really impressive.

View OriginalReply0

MetaMisery

· 01-08 11:21

This whale's luck is really strong, almost becoming a leek and turning the tables. Oh my, this leverage, just watching it gives me cold sweat. Another story of being countered by the market's textbook-level reversal, it's exciting but too intense. Expect the opposite move and it's all over; if you bet right, you're the winner. I wonder how those waiting to blow him up are feeling right now, haha. A long position of 825 million in this kind of market is a ticking time bomb, really hard to hold.

View OriginalReply0

GasWaster

· 01-07 05:51

Damn, this whale's luck is too strong, with a floating loss of 74 million and it still hasn't blown up. It's the same old trick again, retail investors all thinking he's going to suffer heavy losses, but instead they get slapped in the face. Using 3.2x leverage to play this big, it's really a bit crazy.

View OriginalReply0

CompoundPersonality