Whale uses 20x leverage to go long on BTC, holding 84 coins, with an entry price close to $90,000

GasWrangler · 2026-01-21T05:10:10+00:00

On January 21, a major account opened a position with 20x leverage, holding 84.37 BTC, with an entry average price of $89,566.8, valued at approximately $7.55 million, currently with a slight loss. This address frequently moves funds in and out, demonstrating the operational characteristics of a large holder. BTC price fluctuates around $89,000, and high-leverage positions may trigger chain liquidations.

GasWrangler

2026-01-21 05:10:10

Abstract generation in progress

【Blockchain Rhythm】On-chain monitoring data shows that a key transaction occurred at noon on January 21: a large holder opened a position with 20x leverage, acquiring 84.37 BTC at an entry average price of $89,566.8 per coin. Based on the size of the position, this single-sided long position is worth approximately $7.55 million and is currently at a slight loss.

It is worth noting that the on-chain activity of this address is quite interesting—recently, it has been frequently moving funds in and out, with a single deposit reaching up to 10 million USDC, which is a typical characteristic of a large holder. Such players usually do not easily go all-in on one side but instead flexibly adjust their positions across multiple times and various cryptocurrencies.

Currently, BTC price is fluctuating around $89,000. The stop-loss space for this leveraged long position is actually limited. If the price continues to face downward pressure, these high-leverage positions could quickly trigger chain liquidations, potentially becoming the trigger for the next wave of volatility.

BTC-2,87%

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NestedFox

· 47m ago

This whale really has guts, going all-in with 20x leverage. We can't play the big players' game, just watch the show. The 89,000 level is a bit dangerous, with liquidation risk at its maximum.

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RugpullTherapist

· 1h ago

Oh man, this guy really has some guts. --- Playing with 20x leverage so aggressively, can you still sleep well after losing? --- Putting $7.55 million on the line like that, I really respect it. --- Let's wait and see the chain liquidation show, everyone. --- Frequent rebalancing by big players, and now suddenly going all-in? That logic doesn't quite add up. --- Is the 89,000 level really unsustainable? --- With such full leverage, if it crashes down, everything will be wiped out. --- This order will explode sooner or later, just depends on whether it's today or tomorrow. --- Such frequent large USDC inflows and outflows, how can they still go all-in? --- The stop-loss space is limited, this is betting that BTC can bounce back.

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WinterWarmthCat

· 7h ago

Playing with 20x leverage will inevitably lead to liquidation sooner or later.

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mev_me_maybe

· 7h ago

This whale is probably about to get liquidated.

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ImpermanentPhilosopher

· 7h ago

Playing with 20x leverage is really intense, I can't hold on anymore.

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SerLiquidated

· 7h ago

Playing with 20x leverage so aggressively, have you really had enough?

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PaperHandsCriminal

· 7h ago

Here we go again, this kind of 20x activity... really just riding the roller coaster with 7.55 million.

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RektRecorder

· 7h ago

Playing with 20x leverage so aggressively, this guy really dares to do it This time he's probably going to get caught, the stop-loss space is too narrow But the big players' moves this time are quite interesting, with frequent position adjustments It's another story of chain liquidations, I've seen it too many times The 89,000 level really seems to be stuck

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