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Whale "Ironclad Bull" Faces Dilemma: BTC, PUMP, FARTCOIN with Floating Losses of Over One Million USD
【Crypto World】There’s an interesting phenomenon. A seasoned long whale (0x10a3c) hasn’t been having a good time lately. On January 7th, it was forced to close its SOL long position, incurring a loss of $163,000. Even more heartbreaking is that all of this guy’s high-leverage positions are currently in floating loss.
Specifically, it invested heavily in PUMP—using 10x leverage to go long on 5 billion tokens, with an average entry price of $0.0025, now floating at a loss of $169,000. FARTCOIN isn’t doing well either, with the same 10x leverage, a position of 30 million tokens, an average entry price of $0.4542, and a floating loss of $368,000. The most aggressive is the BTC position: 40x leverage to go long on 1,000 BTC, with an average entry price of $93,462.3, and a floating loss of $545,000—this is the position with the biggest loss among the three.
It’s clear that this veteran long’s aggressive strategy has cooled off. The combination of high leverage and long positions is most vulnerable during market pullbacks, and currently, the total floating loss has exceeded one million.