Starting from February 25th, the price of Bitcoin entered a violent oscillation mode, experiencing a significant "N-shaped" fluctuation of over 15% within a week. The Crypto Greed and Fear Index has remained in the "Fear" zone, while top whales have sensed the "bloodshed"...
In this market battle, some have precisely bought the dips and sold the tops, earning millions; others have bet on the wrong direction and been liquidated. Who has been turning the tides in the market? And who has been sinking in the turbulence?
This issue will delve into the magical operations of whales in the recent market, decoding how crypto whales have staged a "blood-licking" capital game in the contract battlefield.
The Brilliant Strategy of 100x Contracts: Long and Short + Precise Timing
On February 25th, Liang Xi, once dubbed the "crypto cancer", earned $1 million in a short period of time with a $2,000 principal, including $600,000 in profits on Weex and $500,000 in real-money profits on OKX.
According to the summary by user @sunyangphp, Liang Xi's operations are as follows:
Background: ETH presented a wide-ranging downward oscillation trend on February 25th, with significant volatility.
1. Utilizing the oscillation market to long and short simultaneously
The "long and short simultaneously" strategy, that is, to open long and short positions simultaneously in the oscillation market, using high leverage (dozens of times) to amplify the profits. Multiple short-term operations, capturing the majority of the fluctuation profits in the oscillation market.
2. Catching the final wave of the plunge, then reversing to buy the dips
Grasping the entire plunge of the final wave of ETH, and precisely reversing to go long at the lowest point.
3. Decisive response at critical moments
During the final wave of the plunge, the market experienced a slight rebound. Liang Xi initially misjudged the trend and went long, but quickly realized the momentum was wrong and decisively switched to shorting.
50x Leverage Whale: Luck and Market Timing Achieve a Daring Comeback
On March 2nd, a whale on Hyperliquid with 50x leverage long positions on BTC and ETH, starting with $6 million USDC, achieved a profit of $6.83 million within 24 hours.
Whale address: 0xe4d31c2541A9cE596419879B1A46Ffc7cD202c62
According to the summary by @ai_9684xtpa, the operations are as follows:
1. Initial opening: $6 million USDC principal, 50x leverage
On March 2nd, this whale used 50x leverage to open over $200 million in long positions, including long positions in BTC and ETH.
· ETH: 49,384 tokens, opening price $2,196, liquidation price $2,133.9
· BTC: 1,260 tokens, opening price $85,671, liquidation price $84,629
2. Adding ETH positions (floating loss of $900,000 at this time)
Around 10:30 pm, the whale chose to add positions, increasing the long positions by 914 ETH and 41 BTC.
3. Adjusting positions: closing some BTC, adding more ETH
Close to 11 pm, the whale closed 469.48 BTC long positions and significantly increased the ETH long positions to 88,510 tokens.
4. Market turnaround: Trump's speech drives the rally
At 11:30 pm, Trump gave a speech, and the market sentiment quickly heated up, with BTC breaking through $87,000 and ETH breaking through $2,250. The whale's positions turned from floating loss to floating profit, with the ETH long position floating profit reaching $6.46 million.
5. Gradually taking profits
He first reduced the 88,510 ETH long position to 22,570 tokens, and then closed the entire position. The 831.57 BTC long position was almost entirely closed. Earned $6.83 million in profit within 24 hours.
(Note: Coinbase executive Conor discovered that the funds in this address came from phishing, and the player is a high-stakes player of Roobet.)
The Whale "Targeting 10 Big Goals": Profits and Losses in an Instant, Dancing on the Knife's Edge
The whale with the ID "Targeting 10 Big Goals" once had a maximum floating profit of $700 million, but it was just a dream. In the recent market turmoil, this whale has also staged a series of high-leverage extreme operations.
According to the summary by @ai_9684xtpa, the operations are as follows:
1. Painful liquidation
On February 25th, the price of Bitcoin once fell to $89,000, and the whale was forced to liquidate 1,783.48 BTC at an average price of $89,138, with a total value of $159 million, while its opening average price was as high as $100,320.
Subsequently, the whale completely closed all 5,185 BTC, with an overall loss of $24.33 million, but claimed that part of the profits were not included in the software, and the overall principal was still intact.
2. Comeback, earning $15.38 million
On March 1st, he went long on 1,698 BTC at an average price of $83,568.65, worth $142 million. Finally, this long position was closed on the morning of March 3rd, earning $15.38 million.
3. Reversing to short, betting on a market correction
After closing the long position, he turned around and opened a short position 6 hours ago, holding a short position of 2,285 BTC (about $214 million), with a margin of $53.45 million and an opening average price of $93,729. The whale closed the short position for profit around $90,000.
4. Turning to long again (currently floating loss of $15.62 million)
After taking profits, he quickly went long again, and also added positions in ETH:
· BTC: Opening average price $90,207, holding 2,069 tokens
· ETH: Opening average price $2,285, holding 10,800 tokens
From heaven to hell. Whether it's Liang Xi who turned $2,000 into $1 million, the whale who gambled the market with 50x leverage, or the "Targeting 10 Big Goals" whale who once had a floating profit of $700 million but ultimately just a dream, their trading strategies are full of drama.
Every opening and closing of a position could be a turning point of fate. Their stories are not only the ultimate interpretation of trading strategies, but also the ultimate test of market psychology and capital management. The market is always full of opportunities, but only those who constantly revere the market can find a glimmer of hope between the legends of getting rich and the tragedies of being wiped out.
Risk Warning
The whale trading cases summarized in this article involve aggressive strategies such as high leverage and high-frequency trading. While these operations can bring huge profits in extreme market conditions, they also carry extremely high risks. Investors are advised to operate cautiously according to their own risk tolerance, control their positions reasonably, and avoid making impulsive decisions due to market sentiment fluctuations.
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