Crypto Whale Incurs Partial Liquidation Following High-Leverage $SOL and $BTC Bets

SOL3,58%
BTC2,47%

A crypto trader has recently gone through liquidation after making high-leverage bets. The trader, going by “0xdf1…6f0b0,” has reportedly gained notable attention after starting huge leveraged positions in Solana ($SOL) and Bitcoin ($BTC). As per the data from Lookonchain, the respective trader utilized cumulative holdings in Solana and Bitcoin and executed maximum leverage. Hence, this amplified the potential of both the risks and gains.

New gambler 0xdf13 opened max leverage longs on 1,000 $BTC($66.6M) and 100,000 $SOL($8.56M) today — and was just partially liquidated!New liquidation prices:BTC: $66,204.07SOL: $81.90 pic.twitter.com/7NDUlCHxGJ

— Lookonchain (@lookonchain) March 1, 2026

Crypto Whale Risks $17M in BTC and SOL High-Leverage Bet

The on-chain statistics disclose that the crypto whale, “0xdf1…6f0b0,” set maximum leverage on the Bitcoin ($BTC) and Solana ($SOL) long positions. Specifically, the trader used all the 100,000 $SOL ($8.56M) and 1,000 $BTC ($8.56M) present in holdings to place high-leverage bets. Thus, the aggressive move of setting maximum leverage resulted in a partial liquidation. The respective development underscores the substantial dangers and volatility of high-leverage crypto trading.

As the data reveals, the whale entered the $BTC long position at the level of $67,166.90 and selected $67,227.45 as a break-even point. At the same time, the whale opened the $SOL long position at the $78.53 mark while setting the $78.56 as the break-even point. Nonetheless, surprising the whale, Bitcoin plunged to $66,548.00, and $SOL spiked to $85.38. This led to mixed results for the holder.

Profit Hits $438,253.56 While Loss Surges to $396,108.92

According to Lookonchain, the whale set $66,204.07 as the liquidation threshold for the Bitcoin long position. Concurrently, the liquidation threshold for the whale’s $SOL long position was $81.90. The leverage for the $BTC position was set 40x, while the $SOL position’s leverage was 20x. Nevertheless, the whale witnessed mixed results of profits and losses. The $SOL position led to a profit of $438,253.56 while the $BTC position incurred a $396,108.92 loss.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

No, Bitcoin Is Not Forming 'Cup and Handle' Pattern to $500,000, Says Peter Brandt - U.Today

Peter Brandt, a veteran market analyst, strongly criticizes the prediction of Bitcoin reaching $500,000, arguing it misinterprets the "cup and handle" pattern. He emphasizes the necessity of proper technical analysis and warns against unwarranted optimism based on flawed interpretations.

UToday29m ago

Grayscale transfers 211 BTC and 3844 ETH to a certain CEX address

Gate News Report, March 9 — According to Arkham monitoring, two hours ago, Grayscale transferred approximately 3,844 ETH (about $7.79 million) and 211 BTC (about $14.6 million) to a certain CEX address.

GateNews30m ago

Today, the US Bitcoin ETF experienced a net outflow of 5,409 BTC, while the Ethereum ETF experienced a net outflow of 36,599 ETH.

Gate News Report, March 9th, according to Lookonchain monitoring, today the US Bitcoin ETF experienced a net outflow of 5409 BTC, Ethereum ETF had a net outflow of 36599 ETH, and Solana ETF saw a net outflow of 68933 SOL.

GateNews30m ago

Bhutan government address transferred out 175 BTC 2 hours ago, worth $11 million

The Bhutanese government recently transferred out 175 Bitcoins, worth approximately $11 million, indicating regular sales of its Bitcoin holdings. Over the past month, the government has sold $7 million worth of Bitcoin through QCP Capital, and it will face a particularly intense selling period in late September 2025.

GateNews33m ago
Comment
0/400
No comments