Looking at a wave of whale maneuvers, it's truly impressive. Some time ago, after ETH broke below a key support level, a major player suddenly made a move—selling off 12,000 ETH in one go, then shifting to a collateral platform to borrow 20 million USDT with these coins, and then bottom-fishing at a low point. This seamless sequence of actions looks very professional.



Is this a smart, precisely timed move, or a gamble risking everything? We need to break down the logic behind it.

The core of this whale operation is actually quite clear—low-cost leverage. Withdrawing those 12,000 ETH isn't about rushing to dump, but moving them to a collateral platform. This step cuts off the possibility of a short-term dump. Then, using ETH as collateral to borrow USDT, which means the coins in hand haven't moved, but cash flow has been generated. This approach preserves the original ETH holdings' value while also having real funds to add positions at a low point—commonly known in the community as the "coin to generate coin" strategy, assuming the current price is close to the bottom.

Why dare to operate like this now? It all depends on timing. ETH recently retraced about 15%, and from the chart, it has touched the lower end of a nearly three-month oscillation range, so support is still present. On the capital side, there's been a recent warming of spot market buying activity, and major players adding positions at this point are probably betting on a rebound.

But let's be clear—collateral borrowing isn't risk-free. If ETH continues to fall, forced liquidation can really happen. So, these whales dare to do this because they have a clear understanding and management plan for the risks involved. Should ordinary investors follow suit? First, ask yourself a few questions: Do you really understand how to use leverage with collateral borrowing? What's your risk tolerance? Or to put it plainly—can you sleep soundly if your account drops 50%?

Successful big players in the crypto market always operate based on two principles: riding the trend and controlling risk. This move may look aggressive on the surface, but behind it are support levels and fundamental factors like capital flow. For retail investors, learning to recognize these operational patterns might be more valuable than blindly following the herd.
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TokenDustCollectorvip
· 10h ago
Why make it so complicated? If you bet right, you're a genius; if you bet wrong, you're an idiot. Really, big players are also human and can hit a bad streak. Let's not idolize them. ETH 12,000 coins invested to borrow USDT, the calculation is correct, but would you dare to use it? I wouldn't. If I did this kind of operation, my sleep quality would drop significantly. Big players dare to play because they can afford to lose. What about us? When the rebound comes, everyone is happy; if it continues to fall? Forced liquidation is just around the corner. Honestly, it still depends on your own financial situation.
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PanicSellervip
· 11h ago
Big players' moves are indeed impressive this time, but I will still wait before acting --- Basically, it's a gamble on the bottom. If it succeeds, it's clever; if it fails, it's gambling --- I've played the collateral borrowing game before, and you really need mental preparation—just a 10% drop feels uncomfortable --- Buying in at a low of 20 million USDT, that kind of courage is not common --- Living off crypto sounds appealing, but the moment of liquidation makes you truly clear-headed --- Does support level really work? Anyway, last time I trusted the support level, I lost quite a bit --- Can you sleep through a 50% account plunge? I can't sleep even with a 5% drop, haha --- That's the difference between big players and us—they have risk control, we only have risk --- I'm genuinely curious to follow along, but rationality tells me not to blindly follow the trend --- It looks precise, but in reality, it's just a gamble. I lack that gambler's spirit
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Rugpull幸存者vip
· 11h ago
Haha, it's hilarious. 12,000 ETH can be withdrawn at will, this move is really slick. The key is to ask yourself if you have the guts to bottom fish. If you can't sleep after a 50% plunge, don't touch leverage. It's much more comfortable to just lie flat with old positions. I've always wanted to try this coin-to-coin earning method, but I'm just too cautious. Big players bet on rebounds, what are we retail investors betting on? You're right, recognizing operational patterns is indeed more reliable than blindly following the trend. This is the toughest test of mentality—whether you can truly control the risks. Borrowing coins isn't as simple as it seems; a liquidation can happen at any moment. ETH still has support levels in this wave, but who dares say it definitely won't break? A true reflection—big players have risk control plans, while ordinary people jumping in with leverage usually end up the same.
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NFTArtisanHQvip
· 11h ago
the aesthetic of risk management—that's what separates the whales from the chaos agents tbh
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GasFeeTearsvip
· 11h ago
I'm screwed, another big player is gambling with aggressive position increases, and us retail investors are just here watching the show. Really, leverage is all about playing with your heartbeat; one forced liquidation and you lose everything. Earning coins by coins sounds impressive, but it's actually selling yourself to lending platforms, with risks beyond measure. Talking about pattern recognition, but it's actually more comfortable just to hold and relax. This move looks clever, but it's really just betting on a rebound; if you bet wrong, you'll still have to kneel.
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