2026-01-01 16:21:38

At the start of the new year, a trader deposited $8 million USDC on a perpetual contract platform and has already realized a profit of $700,000 in the short term.

From the position data, the two most profitable assets are STBL and IP, each with individual profits exceeding $270,000. This trader's strategy is quite aggressive—long positions across multiple cryptocurrencies, with leverage ratios ranging from 3x to 10x.

There are two key assets with high leverage: XPL and PUMP, both opened with over 10x long positions. MON is set with 5x leverage. The remaining assets—VVV, STBL, STABLE, IP, HEMI, GRIFFAIN, MAVIA, AIXBT—are all positioned with 3x leverage.

Although this trading portfolio yields substantial returns, the risks are equally evident. In the perpetual contract market, combining high leverage with long positions demands extremely accurate market judgment and risk management. Sharp fluctuations in a single asset could trigger liquidation, and this $700,000 profit could vanish in an instant.

STBL16,6%

IP13,22%

XPL5,55%

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WhaleMinion

· 4h ago

70,000 just to show off? I think this guy will eventually have to give it back. Playing with such a high leverage across so many cryptocurrencies is purely gambling. A big bearish candle wiped everything out. I've seen this kind of play many times. Both STBL and IP can reach 270,000 per coin, indicating that there is indeed an opportunity in this round of the market, but spreading out like this is too greedy. It seems this brother is either going to make millions or get liquidated and run away. Going all-in on a long position and adding leverage... where is the risk control?

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AirdropHunterXM

· 4h ago

Are you brave enough to spread like this with 700,000? I don't have that courage; one dip and I'm wiped out, buddy.

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NotGonnaMakeIt

· 4h ago

8 million invested, 700,000 out. This number sounds great, but looking at this 10x leverage makes my scalp tingle... One black swan and it's all gone. --- STBL and IP each 270,000, Brother Niu is really gambling. But if this strategy truly stabilizes, I must tip my hat in respect. --- Perpetual contracts are like this: when you win, you're the chosen one; when you lose, it resets to zero in a second. Hope this guy doesn't encounter a slippage. --- Multiple assets with high leverage sound diversified, but in reality, it just increases the chance of liquidation... Sooner or later, it will return to the zero axis. --- Happy New Year first, and when the bear market comes, we'll see if this 700,000 still remains. --- XPL and PUMP over 10x? Just looking at it makes me break out in a cold sweat. Isn't this just gambling?

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MEVSandwichMaker

· 4h ago

Playing with 10x leverage on so many coins, you really have guts. --- How can you sleep with such high liquidation risk? I just don't get it. --- 70 million seems like a lot, but a sudden crash can wipe it all out... Do you really dare? --- STBL and IP, one coin for 270,000? That yield is outrageous. --- Relying entirely on a long position, honestly, it's just betting on the market direction. --- Putting in 8 million to earn only 700,000? Feels like this return isn't that attractive. --- This guy is really battling with the liquidation bot. --- 10x XPL PUMP... where does the courage come from? --- A single coin can liquidate you; I wouldn't dare to take this risk. --- Perpetual contracts always get liquidated the most when dealing with such aggressive traders.

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