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Trader '先定 10 个大目标' Reveals $5M Bitcoin and $1.28M Ethereum Short Profits

According to BlockBeats, the whale shared a 20:24 screenshot on Aug. 16 showing a 5x ETH long opened at $4,399.13; earlier, the trader reported sizable unrealized short profits.

Summary

BlockBeats reported that on Aug. 16 at 20:24, trader '先定 10 个大目标' shared a position screenshot showing a long of over 31,000 ETH opened at $4,399.13 with 5x leverage. The liquidation price is $2,655.41, and the trade is currently at an unrealized loss exceeding $640,000. This follows Aug. 15 screenshots showing unrealized short profits exceeding $5 million on Bitcoin and $1.28 million on Ethereum.

Terms & Concepts
  • Long Position: A trade that profits if the asset’s price rises; the trader buys with the expectation of selling at a higher price.
  • Leverage (5x): Using borrowed funds to amplify exposure; 5x leverage means position size is five times the initial capital.
  • Liquidation Price: The price at which a leveraged position is automatically closed by the exchange to prevent further losses.