2026-01-07 07:28:49

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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Anon32942

· 21h ago

20x leverage? This guy's really bold, a single correction could wipe out his position in minutes. This move is indeed a bit reckless, let's see if Bitcoin can give him some face. Whale bets over 90 million... what are they gambling on? How close is liquidation? I damn well need to keep an eye on this wallet. With this kind of stake, either making a killing or getting wiped out, there's no middle ground. 20x leverage, I wouldn't dare to try.

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GasWrangler

· 22h ago

20x lev on 980 btc is honestly just asking to get liquidated lol... the math doesn't even compute when you factor in funding rates and slippage costs. sub-optimal capital allocation if you ask me.

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DogeBachelor

· 01-09 12:50

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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MEVSupportGroup

· 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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StablecoinEnjoyer

· 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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OnChainSleuth

· 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_whisperer