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Whale account shifted from a profit of 5.8 million to a loss of 1.87 million within 2 days; BTC long positions have been completely liquidated.
【Blockchain Rhythm】 On-chain data tracking shows that whale address 0x10a has suffered a severe retracement during recent market adjustments.
The address’s FARTCOIN and PUMP positions are both set with 10x leverage long positions. As the market declined, these two long positions triggered partial liquidations; moreover, its BTC long position was directly liquidated, with a single loss of up to $1.69 million.
The most heartbreaking part is the speed of account change — in just 2 trading days, this address’s unrealized profit of $5.8 million suddenly turned into a loss of $1.87 million, a drop of nearly $8 million.
The current situation is even more dangerous. The address is still holding on to long positions in FARTCOIN and PUMP, with unrealized losses accumulating to $747,000. Based on this position and leverage ratio, another round of liquidation is not far away. High leverage behaves like this during volatile markets — profits are amplified, but risks are also infinitely magnified. Going against the trend can lead to a bottomless abyss.