【Blockchain Rhythm】Something interesting has happened. A certain whale on a chain known for its PEPE long positions recently opened a new position on a derivatives exchange—3x leverage long over 2 billion kPEPE, which is roughly $13.86 million USD in value. This order currently has a floating profit of $2.05 million USD, which looks pretty good.
However, this whale’s historical performance is not very impressive. Looking back, this address has only made 3 transactions before, all of which resulted in losses, totaling nearly $490,000 USD. Whether this time can turn the tide depends on how far this PEPE can go. The market is always full of surprises.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
10
Repost
Share
Comment
0/400
ForkTongue
· 01-08 01:49
All three previous trades resulted in losses. Will this be the turnaround? Buddy, you're playing with some serious leverage. You dared to post with a floating profit of 2.05 million. Be careful, one sudden drop could wipe it all out.
View OriginalReply0
GasFeeLady
· 01-07 22:06
ngl this whale's got serious 0-3 bagholding energy, even the 2M unrealized ain't enough copium for that track record lol
Reply0
SelfCustodyBro
· 01-07 05:44
Another leverage hero has been born. Can they turn things around this time? A 490,000 trap, can it be filled with a single PEPE? I bet they'll get trapped again.
View OriginalReply0
LightningHarvester
· 01-05 22:18
This whale's entire history has been losing money. Now, with a floating profit of over 2 million, they want to turn things around? Still using 3x leverage, it's too risky. One correction and they'll be liquidated, buddy.
View OriginalReply0
SignatureDenied
· 01-05 07:49
Another leveraged gambler, can they turn things around this time? Feels uncertain.
View OriginalReply0
BearMarketSunriser
· 01-05 07:48
Ha, it's another gambler whale... losing 490,000 earlier and still playing with 3x leverage, now with a floating profit of over 2 million, and you're starting to dream, right?
View OriginalReply0
ForkPrince
· 01-05 07:42
Started to get reckless after a profit of over 2 million? I think this guy will be trapped again sooner or later. The person who lost all three times in history, can he make a profit this time...
View OriginalReply0
blocksnark
· 01-05 07:31
This whale lost 490,000 before and still dares to use 3x leverage. Is it really ruthless or really desperate?
View OriginalReply0
GateUser-a5fa8bd0
· 01-05 07:27
Haha, this whale lost all three of its initial bets. This time, with 3x leverage, they’re going for 2 billion kPEPE. I just want to see how it ends.
View OriginalReply0
NullWhisperer
· 01-05 07:25
okay so this whale's got a 2m unrealized gain but literally 0-3 on previous trades... that's not a redemption arc waiting to happen, that's a potential liquidation vector in motion. technically speaking, 3x leverage on a meme coin after three consecutive losses? bold strategy. the math doesn't audit.
PEPE giant whale enters with 3x leverage, over 2 billion kPEPE tokens, with unrealized profit of $2.05 million but has a history of consecutive losses
【Blockchain Rhythm】Something interesting has happened. A certain whale on a chain known for its PEPE long positions recently opened a new position on a derivatives exchange—3x leverage long over 2 billion kPEPE, which is roughly $13.86 million USD in value. This order currently has a floating profit of $2.05 million USD, which looks pretty good.
However, this whale’s historical performance is not very impressive. Looking back, this address has only made 3 transactions before, all of which resulted in losses, totaling nearly $490,000 USD. Whether this time can turn the tide depends on how far this PEPE can go. The market is always full of surprises.