Trader’s aggressive rollover operation: 30 million yuan of principal leverages $152 million in short positions, with 35x leverage on the brink of liquidation

LiquidityWitch · 2026-01-19T09:28:12+00:00

A trader, after floating profits of $1.8 million on an ETH short position, shifted funds to a BTC short position, resulting in a leverage of up to 35 times. Although the ETH short is relatively safe, the BTC short faces liquidation risk, with an unrealized loss of $280,000. Market volatility could trigger a liquidation, significantly increasing the risk.

LiquidityWitch

2026-01-19 09:28:12

Abstract generation in progress

【Blockchain Rhythm】A trader’s recent actions have attracted market attention. On January 19th, after floating a profit of 1.8 million USD on ETH short positions, he decided to roll over all the floating profit into BTC short positions. This series of operations ultimately made his situation quite tense.

Data shows that this trader used a principal of 3 million USDC to leverage a total position worth 152 million USD, with an actual leverage of up to 35 times. He is currently holding two large short positions:

On the ETH side, he holds 31,093 ETH, valued at 99.87 million USD, with an opening price of 3,270 USD, but a liquidation price of only 3,264 USD, with a floating profit of 1.8 million USD. This position is relatively safer.

On the BTC side, it’s more dangerous. He opened a short position of 563 BTC, worth 52.48 million USD, with an opening price of 92,623 USD, and a liquidation price of 96,057 USD. This position is already showing a floating loss of 280,000 USD.

Most importantly, under such high leverage, the liquidation price is very close to the current price. If the market moves in the opposite direction, it could trigger a liquidation directly. This aggressive rolling operation indeed demonstrates the trader’s boldness, but it also means that the risk has accumulated to a quite high level.

ETH-3,89%

BTC-2,44%

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LadderToolGuy

· 11h ago

Playing short with 35x leverage, this guy is really ruthless. He dares to hold the position even when the liquidation price is right in his face.

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BearEatsAll

· 11h ago

35x leverage short players, do you really think you're a gambling god? The liquidation price is right in front of you, yet you're still stubbornly holding on. This wave might just get you liquidated and taught a lesson.

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MintMaster