#trader

*Trader Holds $1.75M Short on BTCUSDT, Up 1.28% as Bitcoin Dips to $77,667*

_12x Leveraged Position Shows $1855 Unrealized Profit at 08:42 UTC_

Bitcoin is trading at *$77,667.5* on LBank perpetuals, down *0.57%* on the session, and one trader is making it work. A 12x leveraged short position on BTCUSDT is currently up *1.28%*, with an unrealized profit of *$1855.29*.

What the Screen Shows

- *Position Details*: The trader entered short at *$77,749.8* with a position size of *$1,750,858.5 USDT* using cross margin. With 12x leverage, only *$146,059.48 USDT* is used as margin.

- *Profit Status*: Mark price is now at *$77,669.1*, giving the position a 1.28% gain. The estimated liquidation price sits at *$84,055.6*, giving plenty of room unless BTC spikes 8%+.

- *Market Sentiment*: The order book shows heavy selling pressure. 69% of recent orders are shorts vs 31% longs, and the spread is tightly packed around $77,667.

Why It Matters

This is a classic high-leverage, high-size short play. The trader is betting that Bitcoin’s pullback from recent highs continues short term. With $2683 USDT available balance, they’re running this as a sizable position relative to their account.

The risk is clear: if BTC reclaims $77,750 and pushes toward $78,000, the unrealized profit evaporates fast. But if sellers hold $77,700 resistance, the move toward $77,000 and lower stays in play.

Bottom Line

A $1.75M short at 12x leverage is in profit as BTC dips to $77,667. The trade works as long as Bitcoin stays below the entry price of $77,749.8. Watch $77,700 for resistance and $77,000 for the next support test.

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_Note:

This is a screenshot analysis for educational purposes. Trading with 12x leverage is extremely risky. Never risk more than you can afford to lose._