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The more desperate the call for orders, the closer it is to liquidation.
Recently, there's been a lot of buzz in the community. A well-known trading account agent, with an unrealized loss of over $78 million, is still publicly calling for Bitcoin to hit 106,000 and Ethereum to reach 4,500. This guy's trading style is indeed aggressive—while passionately calling for longs, his own managed accounts are bleeding: he’s holding a 20x leveraged long on SOL, now nearly 300% in loss; his Ethereum long with over 5x leverage has dropped 58%; overall unrealized losses amount to $78.3 million.
Who is this guy? Former CEO of BitForex exchange, now the public spokesperson for a mysterious whale account. What really sparks discussion is the operation of this whale address. In October 2025, on the eve of Trump’s announcement of tariff policies, this address precisely shorted Bitcoin and made nearly $100 million. Coincidence? The timing was so precise down to the minute that some market observers suspect he might have access to non-public information.
Even more astonishing is that this whale address itself is quite suspicious—unused for 8 years, it suddenly wakes up holding over 50,000 Bitcoin, making it a true early big holder. Garrett Jin, as its public agent, naturally has every word he says wrapped in an "insider info" aura.
But now, that aura has dimmed a bit. High leverage longs facing market corrections have turned unrealized gains into reality—account losses are now real. This case serves as a warning to everyone: no matter how famous or storied an account is, it remains vulnerable under high leverage. If the market moves against your position, millions of dollars can disappear in an instant. More important than calling orders is risk control and stop-loss.