【ChainNews】Interesting on-chain activity has appeared again. A seasoned large trader betting on a decline was liquidated in the early hours today, with unrealized gains instantly evaporating by $20 million. However, this guy didn’t admit defeat; instead, he turned around and added $30 million worth of short positions. Currently, his total short position has accumulated to around $300 million. This move is essentially a bet against the market—liquidation aside, he continues to short. The next market move depends on whether this $300 million short position will face more pressure.
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.
14 Likes
Reward
14
9
Repost
Share
Comment
0/400
LiquidationHunter
· 8h ago
Liquidation directly adds to the position. This guy is really hardcore, just betting on a complete downturn.
View OriginalReply0
CryptoGoldmine
· 10h ago
20 million evaporated, yet still dare to continue adding positions. This ROI mindset is indeed on a different level.
View OriginalReply0
GasFeeTherapist
· 01-24 05:48
Still daring to add positions after being wiped out by 20 million, this guy is really ruthless.
---
300 million in short positions piled up like this, the next wave will definitely be another big show.
---
Cleared out and then turning around to continue shorting, this must be the joy of a gambler.
---
I bet these 300 million will either make me rich or blow up my account, there's no middle ground.
---
The psychological resilience of this big investor is truly exceptional; anyone would struggle to withstand it.
---
How the market moves next is no longer important; just waiting to see this guy's ending.
View OriginalReply0
WhaleShadow
· 01-24 01:18
Still daring to add positions after clearing 20 million. This guy is either a gambler or truly has a complete bearish outlook.
View OriginalReply0
RooftopReserver
· 01-22 15:41
20 million evaporated, and he's still willing to add positions. This guy is really bold, but I just don't know how long these 300 million can hold out.
View OriginalReply0
AllInAlice
· 01-22 15:39
This guy is really bold. After losing 20 million, he still dares to add to his position. Such a big gamble.
View OriginalReply0
SchrodingersFOMO
· 01-22 15:38
Still daring to add 300 million in short positions after clearing 20 million, this guy is really crazy.
View OriginalReply0
CryptoTarotReader
· 01-22 15:30
Clearing 20 million and then immediately increasing the position, this guy is really ruthless. I bet he will either become a legend or get liquidated.
View OriginalReply0
StablecoinGuardian
· 01-22 15:29
Still daring to add positions after liquidating 20 million, this mental resilience is truly remarkable. Let's see if the 300 million short position can be won in the gamble.
On-chain whales' unrealized gains of 20 million evaporate, then they add to their positions; short positions expand again to $300 million
【ChainNews】Interesting on-chain activity has appeared again. A seasoned large trader betting on a decline was liquidated in the early hours today, with unrealized gains instantly evaporating by $20 million. However, this guy didn’t admit defeat; instead, he turned around and added $30 million worth of short positions. Currently, his total short position has accumulated to around $300 million. This move is essentially a bet against the market—liquidation aside, he continues to short. The next market move depends on whether this $300 million short position will face more pressure.