A major trader linked to the notorious 10/11 market crash is making waves again. This time, they're holding over $900M in leveraged long positions spanning $ETH, $BTC, and $SOL—three of the crypto market's heavyweights.
Here's what caught everyone's attention: unrealized gains on these positions are hovering around $40M, and that's just the tip of the iceberg. The trader's cumulative profits have already climbed close to $135M, suggesting they've been consistently profitable over time.
With this much capital deployed and such significant leverage in play, the market's keeping a close eye on their next move. Large positions like these can create ripple effects across trading pairs, making them worth monitoring for both retail traders and institutions. Whether this accumulation signals bullish conviction or setup for another volatile swing remains the burning question traders are asking right now.
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WhaleSurfer
· 3h ago
Damn, it's this guy again. This time he went all-in with 900 million. Isn't he afraid of another 11?
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FortuneTeller42
· 3h ago
Here comes this guy again, with a 900 million leverage long position... Are we about to watch another show?
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GasWrangler
· 3h ago
honestly if you actually analyze the mempool data, this $900M position is demonstrably inefficient from a capital deployment standpoint. the leverage ratios here are sub-optimal compared to base layer optimization strategies i've been running. mathematically speaking, they're leaving money on the table with how they're structured.
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PhantomMiner
· 4h ago
This guy is back again, a $900 million leveraged long... Truly a gambler's fate.
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I'm holding my breath this time even if he doesn't get liquidated; forgetting the lessons and not getting hit, huh?
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$135M profit is indeed impressive, but what did we say about the October wave last time...
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It's the same old face again, can SOL and BTC withstand this time...
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I bet five bucks that something will go wrong this time too; history loves to repeat itself.
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Nine hundred million with leverage—confidence or gambling? Can't tell.
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$40 million unrealized profit looks intimidating, but one black swan can wipe it out.
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Just by looking at his moves, you can tell the market is about to change; should we follow or not...
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When such a position moves, retail investors can only watch from the sidelines.
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No way, how has this guy not been liquidated yet? His luck is incredible.
A major trader linked to the notorious 10/11 market crash is making waves again. This time, they're holding over $900M in leveraged long positions spanning $ETH, $BTC, and $SOL—three of the crypto market's heavyweights.
Here's what caught everyone's attention: unrealized gains on these positions are hovering around $40M, and that's just the tip of the iceberg. The trader's cumulative profits have already climbed close to $135M, suggesting they've been consistently profitable over time.
With this much capital deployed and such significant leverage in play, the market's keeping a close eye on their next move. Large positions like these can create ripple effects across trading pairs, making them worth monitoring for both retail traders and institutions. Whether this accumulation signals bullish conviction or setup for another volatile swing remains the burning question traders are asking right now.