更令人震惊的是，该交易没有设置止损点，二是设定了两个止盈点（Take Profit）：第一目标价为69414美元，第二目标价为58664美元。
On Sunday, traders opened a super short position of 0.32 billion dollars (increased to 0.365 billion dollars later) at a price of 84,040 dollars, with initial capital of 8 million dollars and a leverage of up to 40 times. Analysis indicates that this means that once the Bitcoin price rises to the 85,000 dollar mark, it could trigger a liquidation; whereas if the price drops to its Target Price, it could lead to a market avalanche. As of the time of publication, Bitcoin is at 83,537 dollars.
A Crypto whale has risked $0.365 billion betting on a Bitcoin crash, with liquidation risk looming.
At a critical moment of volatility for Bitcoin, a "whale" made a shocking move that stunned the market. According to media reports, on Sunday, a trader opened a super short position of $0.32 billion (later increased to $0.365 billion) at the price of $84,040, with an initial capital of $8 million and leverage as high as 40 times, executed on the decentralized perpetual trading platform Hyperliquid.
Even more shocking is that the trade did not set a stop-loss point and instead established two take-profit points: the first target price is $69,414, and the second target price is $58,664.
Analysts state that if the price of Bitcoin rises to the $85,000 threshold, it could trigger liquidation, causing the trader to lose all margin; whereas if the price falls to the set target prices, it could trigger a market avalanche.
As of the time of publication, the trading price of Bitcoin is $83,537, approximately a 2.8% drop from last week.
It is worth noting that this trader is not a newcomer to the market. Reportedly, he previously made a profit of 16.39 million dollars in just one month on Hyperliquid.
However, his current situation remains quite dangerous. Due to the extremely high risk characteristics of 40x leverage, some market observers expect that just a 2.5% price fluctuation could result in the entire position being liquidated.
Meanwhile, CoinGlass data shows that within the past 24 hours, positions worth a total of 94 million dollars were liquidated in the crypto market, with short positions accounting for the majority (49 million dollars). The largest single liquidation occurred on the Binance platform, accounting for 38.79% of the total liquidation amount.
Editor/lambor
Today, after hitting the high near 24,000 in the early session and entering bearish positions, the index fell sharply by nearly over 600 points, immediately recouping yesterday's losses significantly.
Moreover, today it broke the new high again, reaching a maximum of 24,076, but by the end of the market, it fell back by about 70 points, producing a bearish candle. The current trend has not yet been broken, but from the previous low until now, it has risen close to 6,000 points. It is believed that those with positions can continue to hold until there is a clear trend reversal for profit-taking. Those without positions can wait for a pullback to get in. Actually, it is hoped for a quick pullback, as it allows for entry and also provides a healthy breath.
Currently, the outlook remains the same as before. It is believed that even if there is a pullback, it shouldn't be too deep. However, if Futures fail to stabilize and close below 22,350, there may still be room for decline. The chance of Futures falling below 21,400 in the short term should be low, so it is considered that if a significant pullback occurs, it presents a good opportunity to incrementally go long. Recently, there has been a consistent approach to not hold positions overnight, only focusing on immediate trades, as there is no high chasing and no casual short selling.
Comment(8)
Reason For Report