2025-12-13 20:21:07

On December 13, on-chain data showed that a well-known early BTC holder's leveraged position suffered a major hit, with unrealized losses exceeding $12 million.

The most eye-catching account was the ETH position—175,595 ETH opened at $3,173.34, using 5x leverage to go long, with a liquidation line now close to $1,943.28. Currently, unrealized losses have already reached $9.77 million.

The BTC portion is relatively lighter—1,000 BTC opened at $91,506.7, also with 5x leverage, with unrealized losses of $1.31 million.

The most dangerous situation is with SOL—25,000 SOL long at $137.53 with 20x leverage, with unrealized losses reaching $1.05 million, indicating a very high liquidation risk.

This reflects that even experienced on-chain large holders are under immense pressure amidst current crypto market volatility. The larger and higher the leverage position, the more any market fluctuation could instantly change the game.

BTC-0.71%

ETH-0.71%

SOL-1.8%

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.

17 Likes

Reward
17
4
Repost
Share

Comment

0/400

HalfIsEmpty

· 13h ago

20x leverage? This guy is really gambling. How dare he open such a high multiplier on the SOL position?

View OriginalReply0

WhaleWatcher

· 13h ago

20x SOL leverage, this guy really dares to do it, still not stop loss before liquidation? --- 12 million floating loss, early holders can't withstand this wave of volatility, stop claiming big players are as steady as a dog --- Why hasn't this ETH position been closed yet, waiting for the liquidation line to knock on the door? --- Leverage, leverage, in the end, it's all about the nitpickers, seriously --- Wait, 175k ETH plus 5x... is this real? Or is some database messing up again --- The scary thing is this brother still holds so many positions, not afraid of a downward wave leading to a margin call explosion --- SOL 20x? I'm worried for him, this is gambler's mentality --- So everyone, look clearly, no matter how rich or experienced, in front of leverage, you're still a kid --- 9.91 million floating loss and still not out, this mental toughness is truly exceptional --- The question is, is he running now or fighting to the death? That's the key

View OriginalReply0

PseudoIntellectual

· 13h ago

Playing SOL with 20x leverage, this guy is really playing with fire --- Even the big players have to kneel, this is the paradise and hell of leverage --- I can still sleep despite a floating loss of 12 million, I just can't learn --- Liquidation threshold pushed to 1943, ETH drops a little more and it's GG... looking at it makes me nervous --- The key is there's still 20x SOL standing there, one sharp drop and it’s over --- Early big players can't hold up this round either, indicating the market is indeed fierce --- 5x isn't enough, must play with 20x, is this a suicidal trade? --- 175k ETH, just looking at this number is mind-blowing

View OriginalReply0

zkProofInThePudding

· 13h ago

Playing SOL with 20x leverage... This guy is really crazy, going all out.

View OriginalReply0

Trending TopicsView More
#GateNovTransparencyReportReleased
18.72K Popularity
#FedRateCutComing
674.68K Popularity
#PostonSquaretoEarn$50
63.84K Popularity
#BitcoinActivityPicksUp
18.48K Popularity
#CryptoMarketRebound
545.46K Popularity

Hot Gate FunView More

1
GOGopher
MC:$0.1Holders:1
0.00%
2
MIRMirror Protocol
MC:$4.25KHolders:4
2.57%
3
Tech IT GAYTIG
MC:$3.61KHolders:1
0.00%
4
GWHALESGWHALES
MC:$3.69KHolders:1
0.83%
5
LOOKSLooks
MC:$3.6KHolders:4
0.00%

Sitemap