Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Whale's intraday profit extraction followed by going long: 100 BTC with 40x leverage, building a position at 91K
【Blockchain Rhythm】 Interestingly, a whale’s trading activity this afternoon is worth noting. This big player first closed a short position of 100 BTC at 16:22, directly earning a profit of $96,000—an excellent take-profit move. But this guy didn’t rest; he immediately went long on 100 BTC with 40x leverage, with the entry price hovering around $91,153.5.
From a strategic perspective, this is a typical high-risk preference trader’s approach—focusing more on extracting profit from each trade rather than reinvesting the earned money. Profit from shorts is taken and then moved on, and a new long position is initiated—this quick in-and-out rhythm indicates that the trader’s risk awareness is still intact, at least showing no signs of greed. With 100 BTC and 40x leverage, the risk factor of this trade is indeed high, warranting ongoing observation.