2026-01-06 01:24:56

On-chain data monitoring shows that a newly established wallet made a big move.

It directly投入 5 million USDC, then opened positions on a leading derivatives trading platform—LINK went long with over 5x leverage, and DOGE even more aggressively with over 10x leverage. This move clearly shows a gambler's mentality.

Currently, the total unrealized value of the position has expanded to $28.2 million. It sounds impressive, but this is the power of leverage—small capital levered to control dozens of times the market exposure. The problem is, profits and risks have always been twin brothers.

As of now, unrealized losses have reached $600,000. For an account starting with $5 million, that's not a small amount. In plain terms, this is the true picture of leveraged trading—winning is bragging, losing is grinding teeth.

This new wallet's actions also send a signal to the market: even if the market outlook is optimistic, one must carefully assess their risk tolerance.

USDC-0,04%

DOGE-3,09%

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fren.eth

· 01-08 04:53

Hmm... 10x DOGE long position, this guy really isn't afraid of death. He's still playing around even after a 600,000 floating loss.

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rekt_but_not_broke

· 01-07 14:10

10x DOGE playing with fire, this is outrageous --- Haha, another story of a leveraged dream shattered --- 5 million turned into a lesson of 600,000, feeling good, buddy? --- This is why I only dare to go 5x, 10x is really like having a date with the liquidation agent --- The account inflated to 28 million, are you starting to dream? --- Gambler's mentality is fine, the problem is the betting capital isn't enough to withstand --- Wait, how much does this buddy still have on his account now? --- Trading LINK and DOGE together is indeed fierce --- The fun of leverage is right here, making money like a god when it’s good, all tears when it’s bad --- No hype, no blackening, this operation is textbook level, how not to lose

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PerpetualLonger

· 01-06 05:32

10x DOGE? This guy is really brave. I need to add to my position and learn from him.

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FarmHopper

· 01-06 01:54

10x DOGE, this guy is really tired of life --- Spending five million and still playing like this, I just want to ask how much more capital is left to pay tuition --- A floating loss of 600,000 and still no close position, how strong must the psychological quality be --- Is this the legendary "I am the market" style operation? --- A gambler account with 5 million, now showing over 28 million on the books, sounds exciting but it's only been a couple of days --- Leverage is truly a paradise and hell, just one stop-loss order away --- This new wallet is so aggressive right from the start, either a gambling god or about to explode

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LiquidityWitch

· 01-06 01:54

10x DOGE, this guy really dares to do it, just waiting for the liquidation notice.

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consensus_whisperer

· 01-06 01:50

10x DOGE, this guy is really daring, how big must his heart be to play like this. --- A 600,000 floating loss and still dare to hold on, either true belief or just gambling with everything. --- This is the magic of leverage, dreams and nightmares are just one margin call away. --- I just want to know if this brother is praying or regretting right now. Putting five million in and ending up like this, I really can't hold it together. --- A typical new wallet problem, with a little momentum, thinking of a big move. Only on the day of liquidation will you understand what a market lesson is. --- LINK five times, DOGE ten times, this is not trading, this is gambling. --- Floating loss of 600,000 and not closed yet? Either a strong heart or a last gasp, let's wait and see, everyone. --- Looking at this operation, you can tell it's a newbie entering the market. True old foxes wouldn't play like this. --- Starting with 5 million and turning it into 28 million on paper, sounds great, but just one crash and it's all gone. Greed can be deadly. --- Having some money and thinking of leverage to take off, but in the end, most stories are just leverage sending people to their doom.

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ForkPrince

· 01-06 01:44

This guy is really ruthless, going all-in with leverage. I have to say, respect for tenfold DOGE. --- A floating loss of 600,000. This is the price of greed, brother. --- New wallets and beginners love this setup. You'll regret it once you get liquidated. --- Leverage is a fast track to heaven and hell, traders will never learn. --- Throwing 5 million to play with 10x leverage—are you aiming to get rich overnight or lose everything overnight? --- What's the use of having 28 million on the books if you haven't set your stop-loss properly? It can all go to zero. --- This operation is truly outrageous. Don't you even want risk control?

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DegenWhisperer

· 01-06 01:32

10x DOGE this move, pure gambler. --- Unrealized loss of 600,000 yet to explode, waiting to see the follow-up. --- That's why I only play 2x, with a good mindset. --- Daring to play like this with a new wallet, how much confidence does that take? --- Leverage really is a rollercoaster—heaven one second, hell the next. --- 282 million in paper value haha, just paper wealth. --- LINK 5x, DOGE 10x, is this guy trying to go all-in? --- Eventually, liquidation will happen, just a matter of whether it's today or tomorrow. --- With such a strong gambler's mentality, you'll pay the tuition sooner or later. --- Putting 5 million in, how nervous must you be now?

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