#币圈资讯
Crypto Circle Big News! A whale lost 7.79 million with 20x leverage long on BTC, immediately flipping to bottom fish ZEC?
One day in the crypto world is a year in the human world! A certain mysterious whale lost 7.79 million USD in 35 days, leaving retail investors dumbfounded 🤯
Onchain lens latest monitoring: On December 15, this whale painfully closed its 20x leverage long position on Bitcoin! Holding the position for a full 35 days, they ultimately exited with a loss of 7.79 million USD, which is roughly 56 million RMB, this wave of leveraged gamblers was directly taught a lesson by the market 💸
You have to know how crazy 20x leverage is—Bitcoin fluctuates slightly by 1%, the account gains or loses 20%! It is highly probable that BTC has been consolidating in the 88,000-90,000 range recently, with back and forth pinning, the whale couldn't withstand the volatility and was forced to close the position, this is the cruelty of high leverage!
What's more exciting is that just after losing 7.79 million, the whale immediately switched battlefields: turning around to open a long position on ZEC with 2x leverage! From 20x crazy leverage down to 2x stable operation, is this a lesson learned from a fall, or is it searching for a new track to bottom fish?
On one side is BTC's high leverage explosive loss, and on the other side is ZEC's low leverage layout. Is this adjustment by the whale a cautious choice after cutting losses, or has it discovered potential opportunities in ZEC? Do you think ZEC can help it earn back the losses? 👇$BTC
