A Hundred-fold Leverage Life and Death Strategy: A Coverage of the Crypto Whale's Crazy Game and Big Gambling

Author: Fairy, ChainCatcher

Edited by: TB, ChainCatcher

Starting from February 25, the price of Bitcoin entered a violent oscillation mode, and experienced a significant "N-shaped" fluctuation in just one week, with a rise and fall of more than 15%. The crypto greed and fear index continues to be in the "fear" area. When retail investors are panicking in the alarm of liquidation, the top whales smell the "bloody smell"...

In this market game, some people buy at the bottom and escape from the top, making tens of millions; some people bet on the wrong direction and were tragically liquidated. Who is turning the tables in the market? Who is the one who fails in the turmoil?

This issue's inventory will deeply analyze the magical operations of whales in the market in the recent market, and decode how encrypted giant whales staged a capital game of "lipping blood on the tip of a knife" in the contract Shura field.

The cool tactic of the Hundred-fold Contract : ****Double

Fighting with Long and Short + Accurate Rhythm****

On February 25, Liang Xi, who was once known as the "cancer of the currency circle", earned $1 million in a short period of time with a principal of $2,000, of which 600,000 U of Weex and 500,000 U of OKX made a real-time profit.

Referring to the compilation of X user @sunyangphp, Liang Xi’s operations are as follows:

Background: ETH showed a wide fluctuation downward trend overall on February 25, with a large fluctuation.

1. Take advantage of volatile market bulls and bears to kill double

The strategy of "long and short double-handed" is to conduct long and short positions at the same time in a volatile market, and use high leverage (several dozens of times) to amplify returns. After many short-term operations, most of the volatile profits in the fluctuating market were taken.

2. After eating the last wave of plunge, then turn the hand-buy at the bottom

Grasp the entire decline of the final ETH plunge and go backhand at the lowest point.

3. Responsive at critical moments

During the last wave of plunge, the market rebounded slightly. Liang Xi initially misjudged the trend and went long with the backhand, but quickly found that the momentum was wrong and decisively changed his position and shorted it.

50 times leverage whale : Luck and market timing

achieve a thrilling counterattack

On March 2, the giant whale, which was 50 times leverage on Hyperliquid, started with US$6.83 million in profits within 24 hours.

Whale address: 0xe4d31c2541A9cE596419879B1A46Ffc7cD202c62

Refer to the compilation of @ai_9684xtpa, the operation is as follows:

1. Initial position opening: USDC principal of 6 million, 50 times leverage

On March 2, the giant whale used 50 times leverage to open long positions of more than US$200 million, with initial positions including BTC and ETH long positions.

• ETH: 49384 pieces, opening price $2196, liquidation price $2133.9
• BTC: 1260 pieces, opening price $85671, liquidation price $84629

2. Increase your position in ETH (the floating loss is US$900,000 at this time)

At around 10:30 pm, the whale chose to increase its position, adding 914 ETH and 41 BTC long positions.

3. Adjust position: close some BTC and increase ETH

Nearly 11 points, the whale closed its long position of 469.48 BTC and instead increased its position in ETH significantly. The long position of ETH increased to 88,510.

4. Market Trend: Trump 's speech drives upward

At 11:30, Trump delivered a speech, and market sentiment heated up rapidly, BTC broke through $87,000 and ETH broke through $2,250. The whale's position changed from floating loss to floating profit, with ETH long floating profit reaching US$6.46 million.

5. Gradually stop profit

He first reduced the long positions of 88,510 ETH to 22,570, and then cleared all positions. Close the BTC long position, and 831.57 BTC long positions were almost cleared. Profit of 6.83 million US dollars within 24 hours.

(Note: Coinbase director Conor found that the funding for this address was derived from phishing and was a large player of Roobet)

The giant whale "set 10 big goals first" ****: profit and loss

for a moment, the knife dances****

The ID is "set 10 big goals first". The giant whale once had a maximum profit of 700 million, but it was a dream in the end. In the recent market turmoil, the giant whale has also staged a series of high-leverage extreme operations.

Refer to the compilation of @ai_9684xtpa, the operation is as follows:

1. Suffering meat cut

On February 25, the price of Bitcoin fell to $89,000, and the giant whale was forced to cut 1,783.48 BTC at an average price of $89,138, with a total value of $159 million, while its average opening price was as high as $100,320.

Subsequently, the giant whale completely closed all 5,185 BTC, with an overall loss of US$24.3268 million, but its claim that part of its profits was not included in the software and the overall principal remained intact.

2. Make a comeback and make a profit of US$15.38 million

On March 1, he went long 1,698 BTC with an average price of US$83,568.65, worth US$142 million. In the end, the long position was closed in the early morning of March 3, making a profit of US$15.38 million.

3. Backhand short selling, playing market correction

After closing the position, it turned around and opened short six hours ago, holding a short position of 2,285 BTC (about 214 million US dollars), with a margin of 53.45 million US dollars, and an average opening price of 93,729 US dollars. The giant whale closes its position and takes profit around $90,000.

4. Turn to long orders again ( has floating loss of 15.62 million US dollars )

After taking profit, go long quickly and increase your position in ETH at the same time:

• BTC: Average opening price of $90,207, holding 2,069 pieces
• ETH: The average opening price is $2,285, and the position is 10,800

One thought is heaven, one thought is hell. Whether it is Liang Xi who achieved $2,000 to $1 million, or the whale that gambled with 50 times leverage, or the "set 10 big goals first" that had once made a floating profit of $700 million but ultimately dreamed of, their trading strategies are full of drama.

Every opening and closing position may be a watershed of fate. Their story is not only an extreme interpretation of trading strategies, but also an ultimate test of market psychology and capital management. The market is always full of opportunities. Only those who always respect the market can find a glimmer of life in the gap between the legend of getting rich and the tragedy of returning to zero.

Risk warning

The whale trading cases included in this article include aggressive strategies such as high leverage and high frequency trading. Although these operations can bring huge benefits in extreme market conditions, they are also accompanied by extremely high risks. Investors are advised to operate cautiously based on their own risk tolerance, control their positions reasonably, and avoid making impulsive decisions due to fluctuations in market sentiment.