Whale Revenge: Returning to the Market with 85 Million USD Long ETH & BTC Amid Sell-Off Wave

StakeWhisperer · 2026-01-30T15:05:37+00:00

A large trading account, previously down $3.44 million, aggressively opened new long positions worth $85 million despite market turmoil. This reflects a vengeful mindset, embracing high risks with significant leverage, potentially amplifying losses if the market drops. The trader's aggressive approach demonstrates a willingness to take substantial risks, possibly leading to even greater losses if the market moves unfavorably. Such behavior indicates a reckless attitude towards risk management, risking the entire capital in pursuit of quick gains.

StakeWhisperer

2026-01-30 15:05:37

Abstract generation in progress

Based on concerns of a strong sell-off before the US stock market opens, a large trading account has executed a massive manual trading strategy. Notably, this is the same account that suffered a $3.44 million loss from a failed Long position just 2 days ago. Instead of retreating, this trader has returned to the market with a determined attitude, preparing for a revenge move by opening additional huge Long positions.

Revenge Mindset and Psychological Pressure

This action clearly reflects the whale’s psychology of wanting to quickly recover after recent failures. The strategy of adding a total of $85 million in Long positions amid highly volatile market conditions is not only a financial decision but also a distinctly psychological one. The phrase “all or nothing” accurately describes this account’s mindset—ready to face the risk of a blow to seek rapid profit recovery.

High Leverage Scale: Extremely Risky Strategy

Using high leverage during unstable times is an extraordinarily risky strategy. This whale allocated the $85 million as follows:

ETH (Ethereum) Position:

Opening Long with 15x leverage
Quantity: 18,698 ETH
Nominal value: $54.09 million
Entry price: $2,893.31 (at the time of opening)
Current ETH price: $2.75K

BTC (Bitcoin) Position:

Additional Long position
Quantity: 349.37 BTC
Nominal value: $30.76 million
Entry price: $88,011.1 (at the time of opening)
Current BTC price: $83.44K

Factors Increasing Leverage Risk

Danger arises from multiple angles. First, the entry price for BTC is higher than the current price, meaning the account has an unrealized loss. Second, using 15x leverage means any price movement of 6-7% against the position could trigger liquidation. Third, the market’s panic selling period is precisely when conditions are worst for maintaining Long positions.

Recovery Strategy or Psychological Bluff?

This whale seems to be executing one of two strategies: either expecting a quick rebound to recover all losses, or making a psychological move to cover up embarrassment from previous failure. In any case, opening additional Longs in this scenario significantly increases the probability of liquidation—an outcome the account could face if the market continues to move against it.

Risk Warning and Caution

This article is for market analysis and trading behavior discussion only, not investment advice. High leverage strategies always carry the risk of liquidation, especially in volatile markets. Please read carefully, understand liquidation mechanisms, and consider carefully before executing any trades.

ETH-13,04%

BTC-7,62%

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