An interesting on-chain data point has surfaced. On January 7th, a well-known whale wallet (address 0xFB78) suddenly made a large move—transferring $15.5 million in USDC stablecoins to HyperLiquid. More notably, this fund was not idle but was immediately used to open a position. The whale went long on Bitcoin with 20x leverage, purchasing 980 BTC in one go, equivalent to a position of approximately $90.7 million at the time.



What does such an operation imply? On one hand, it reflects a bullish attitude among large investors regarding Bitcoin's short-term trend. On the other hand, such an aggressive leverage ratio also exposes risks—any rapid pullback could trigger a liquidation. Movements by such whales often serve as market indicators, making it worth monitoring their subsequent actions.
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DogeBachelorvip
· 12h ago
Using 20x leverage to buy 980 Bitcoin directly, this whale really dares to do it. One pullback and it's game over.
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MEVSupportGroupvip
· 01-07 07:58
Playing with 20x leverage and going so big? Your mindset is really broad. I just can't understand this kind of operation.
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StablecoinEnjoyervip
· 01-07 07:58
Playing with 20x leverage this big? Bro, you're gambling with your life. --- The whale's moves are so aggressive, we need to keep close. --- Over 90 million in positions... a single pullback and you're liquidated? I wouldn't dare play like that. --- Really daring, 980 Bitcoin in one go. Who has such boldness? --- Let's wait and see the liquidation show. 20x is too crazy. --- Stacked so much stablecoins, clearly optimistic. But the approach is a bit too aggressive. --- This whale's move feels like setting up a big pancake to let retail investors take the fall. --- Transferring 15.5 million, instantly becoming a 90.7 million position... I can't do the math. --- How low does the liquidation price need to be to trigger? Has anyone calculated it? --- This is called gambler's mentality—when funds are sufficient, they dare to go all in.
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OnChainSleuthvip
· 01-07 07:54
Playing with 20x leverage so aggressively, not backing down is really true. --- Is it really that straightforward for whales to enter the market? The contract is about to explode? --- Huh? A position of over 90 million dollars just to gamble on the short term? I just can't understand. --- I'll time this guy's liquidation moment. --- Here we go again, when big players move, the whole network watches closely. --- 20x... this is a bit crazy. --- Feels like the risk outweighs the reward with this kind of operation. --- The market trend indicator, right? Then we'll just wait and watch the show. --- Whale really went all in this time.
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airdrop_whisperervip
· 01-07 07:53
Playing with 20x leverage this big, is it because you're really optimistic or just want to take a gamble... Anyway, I don't understand this move.
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