2025-11-19 04:12:02

#特朗普撤销农产品关税 Danger signals appear on-chain: a high-leverage Whale urgently sells nearly 10,000 ETH for survival

The market is bleeding again. Last night on-chain monitoring detected that the large holder who previously bought WBTC and ETH at a high price through circulating loans urgently liquidated 9,507 ETH, bringing in 29.06 million U for debt repayment. The average transaction price was $3,085—compared to his entry cost, this dumping definitely resulted in a significant loss.

Let's take a look at his current situation: debt has decreased from 150 million U to 121 million U, and the position health has climbed from 1.04 to 1.12. On the surface, he has temporarily avoided forced liquidation, but this health rate is essentially walking on the edge of a cliff. If ETH or BTC drops another 10%, the remaining 1560 BTC (worth 144 million USD) and 9000 ETH (approximately 28 million USD) in his hands may still have to be sold off.

What should we truly be wary of?

It is not the Whale itself, but the group of people it represents. The on-chain is currently filled with a large number of similar circular collateral positions. Once a domino effect of cascading liquidations occurs, the selling pressure will hit the market like an avalanche. Large holders are forced to sell collateral assets → Coin prices drop → Trigger more liquidation lines → More assets are dumped… Once this negative feedback loop starts, the decline is often beyond imagination.

Many people think that only retail investors will get liquidated, but the reality is: when large funds start to cut losses to save themselves, the entire market's liquidity will quickly dry up. Those small funds still naked swimming in leverage have no time to react.

What should we do now?

If you have leveraged positions, check your health rate immediately. Don't wait for the system prompt to remember to add margin or reduce your position. Spot holders shouldn't rush to buy the dip either—wait until this round of passive dumping ends and the panic sentiment is completely released before making a move. In a bull market, it's about who makes the most profit; in a bear market, it's about who is still alive.

What do you think? After this round of Whale dumping, will the market have a brief rebound or continue to seek the bottom?

ETH0,8%

WBTC1,46%

BTC1,54%

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YieldFarmRefugee

· 2025-11-22 04:05

Damn, about to get rekt again. Playing with leverage at this level is really playing with fire. It's a miracle this guy is still alive; if it drops again he'll hit rock bottom. The dominoes are about to fall, small players better get out fast. I just want to ask—are people who still dare to use leverage now really that brave? Wait a sec, whales are dumping hard, and retail traders still dare to try catching the bottom? To put it simply, there's no one left to take over the bags. This panic selling might smash right through the bottom line. No matter what, survival comes first. Don't be greedy.

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ColdWalletAnxiety

· 2025-11-22 01:52

Another high-leverage player here to give away money, unbelievable. Leverage guys need to survive; that's more important than making money. It's true about the chain liquidations—if you're still all-in, better check your health rate. After this sell-off, there should be a rebound, otherwise how would they keep harvesting? Once the dominoes start falling, there's really no saving it. I'm just watching from the sidelines, holding my spot and sleeping soundly. Small funds swimming naked have it the worst; they can't even recover from a single stumble. To those thinking about bottom fishing, hold on and don't rush.

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FastLeaver

· 2025-11-21 02:50

Oh my, another high-leverage unlucky trader. Sequential liquidations are truly incredible; small retail investors simply can't keep up. I just want to watch this show quietly. Bottom fishing? Who still dares to bottom fish now? Really brave. This guy's losses are well-deserved; still dare to leverage up at high levels. Once the domino effect starts, it's a bloodbath. Wait, he still has so many coins left, really ruthless. Who's next to be liquidated? Just hold onto spot holdings; don't think about picking up bargains.

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LiquidityWizard

· 2025-11-19 04:41

It's another bloody lesson. Leverage is really a beast that consumes people. This guy is really unfortunate, losing so much and still has to keep cutting losses. I just want to know how long this 1.12 health rate can hold on. The domino effect is really terrifying; when one falls, everyone goes down with it. Fren who are buying the dip, calm down, don't rush in right now. In times like this, seeing who lasts longer is the real skill; how much you earn is actually not important. I feel like it will keep falling; this batch of Large Investors just started dumping. With so many on-chain leverage positions, it's only a matter of time before someone has to catch a falling knife; I'm just afraid no one dares to catch it. That's why I can't make any moves now; I'll wait until the storm passes to decide. Fortunately, I didn't leverage; although I earn slowly, at least I can sleep soundly.

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SchrodingerGas

· 2025-11-19 04:29

On-chain data is right here, this is a typical winding-up style liquidation... a health rate of 1.12 still dares to hold on, really can't tell the difference between risk and reward. This cycle of trapping... eventually has to be paid back. Once the dominoes fall, retail investors won't even have time to escape. To all those in leverage, don't bet on the system not reacting—it reacts quite fast. It's not the whales I'm worried about, it's the group behind them that follows the trend. Once liquidity dries up, no one will want your coin. Surviving in a Bear Market is more important than making money... this sentence is always doubted by some, they only understand after suffering a loss.

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CommunityWorker

· 2025-11-19 04:21

Another Whale is about to kick the bucket, this time directly losing a fortune. Something feels off, it seems like there are more chain reactions waiting. Leveraged traders really should check how many lives they have left.

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OnChainSleuth

· 2025-11-19 04:21

Oh no, another tragedy of leverage. Look at this guy's health rate of 1.12, it's really like dancing on a tightrope. --- Another Whale is about to hit the ground, and we can already hear the sound before the dominoes start falling. --- Really, these on-chain positions with circular collateral are like ticking time bombs; when one collapses, they all have to go down with it. --- I just want to know how many people are still naked in leverage; after a series of liquidations, they must be screaming. --- A health rate of 1.04 to 1.12, is that considered a lifesaver? Walking on the edge of a cliff is just changing angles to fall again. --- Making money in a bull run, surviving in a Bear Market. This saying is really something; how many people are learning this lesson now? --- After this dumping, whether there will be a rebound or continue to dip depends on whether there are second or third Whales closing positions. --- Throwing out 9507 ETH in one go, how desperate must you be to make that decision? It's worse than being Rekt. --- The on-chain data is becoming increasingly dangerous; it feels like a black swan could appear at any moment. --- Don't ask me about buying the dip; let's talk about it after these forced sellers have completely played people for suckers. Going in now is just catching a falling knife.

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0xBit

· 2025-11-19 04:19

Thanks for information

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SeasonedInvestor

· 2025-11-19 04:15

Another large investor has been liquidated, and this time it's really a bloodbath. Once this chain liquidation starts, it simply can't be stopped. Are those who are naked swimming in leverage panicking now? I'm panicking. Daring to continue lying down with a health rate of 1.12? Just waiting for a 10% fall. To be honest, at times like this, buying the dip has to wait; whoever rushes to catch a falling knife is foolish. Large investors are all cutting losses, while retail investors still want to buy the dip; they are really overthinking. Looking at this rhythm, the subsequent domino effect will likely continue. In a bear market, staying alive is the most important; whether to make money can be set aside for now. This whale's debt is still too heavy; they should have reduced their position long ago. I've long cleared my leverage; this environment is too risky to play.

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WhaleStalker

· 2025-11-19 04:14

Another one? This guy probably still has to keep smashing, the health rate of 1.12 is really precarious. Large investors are forced to cut losses, and retail investors can’t escape at all, this is the current situation. Rebound? Don’t even think about it, we have to wait for the panic to completely pass, buying the dip now is just a gift. I cleared my leveraged positions long ago, and I'm also waiting in spot, surviving in a bear market is the most important thing. This wave might continue to explore the bottom, once the dominoes fall, no one can stop it.

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