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🔥Crypto industry big shots are going crazy! Precisely shorting and earning $41 million, and they’ve struck hard at Bitcoin again!
Family members! Today, there’s big news in the crypto world again! A "mysterious whale" with massive funds has recently been operating with divine precision in shorting, making huge profits in just a few days!💰
Let me explain in simple terms: "Shorting" means that when a big player thinks a coin will fall, they borrow the coin and sell it first, then buy it back at a lower price after it drops, pocketing the difference. And "leverage" is like borrowing money to trade stocks; 20x leverage means using 1 dollar of your own to make a 20-dollar trade, earning 20 times the profit, but losses can also multiply quickly, risking total loss if not careful!⚠️
Today (May 13), on-chain data monitored that this big player made a move again! They poured in heavy funds, opening a 20x short position on 156 Bitcoin, with a total value of up to $12.66 million! What does this mean? It’s like betting that Bitcoin will drop significantly, and using 20x leverage to amplify the gains! If Bitcoin drops by just 5%, the big player can earn 100% of their principal!
But that’s not even the coolest part! Two days ago, the big player already laid out a trap, opening a 10x leveraged short on SNDK and a 5x leveraged short on HYPE. Both of these positions have already been highly profitable! The SNDK short shows an unrealized profit of over $648k, and the HYPE short has made over $2.3 million in profit!
Adding up the previous earnings, this big player’s total unrealized profit has already exceeded $41 million! That’s nearly 300 million RMB, family members! This earning speed is faster than a printing press!💸
However, I must remind everyone that the big player’s operations are really not something ordinary people can learn! They have strong financial backing, can withstand major market fluctuations, and even if they temporarily lose, they can keep adding margin. But if we retail investors blindly follow with high leverage shorting, a slight market rebound could wipe out our entire capital!
The crypto market is extremely risky, and high leverage is like dancing on the edge of a knife. While watching the big players profit, think about how many retail investors got chopped up behind the scenes. Investment must be within your means, use spare funds, and never gamble your life savings with leverage!🙏