Bitcoin Investor Takes Huge Risk—40x Leverage on $368M Short

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Bitget Academy2025/03/18 06:25

By:Bitget Academy

A major Bitcoin whale has placed a massive $368 million bet that Bitcoin’s price will drop. This high-risk move involves 40x leverage, meaning the investor is using borrowed money to magnify potential gains or losses. The trade was made at a Bitcoin price of $84,043, and if Bitcoin rises above $85,592, the position will be liquidated, resulting in a total loss.

Currently, the whale has gained over $2 million but is also losing $200,000 in fees. Such leveraged trading is risky but can bring big profits, as seen earlier when another investor made $68 million on a similar bet against Ethereum.

This comes just before a crucial Federal Reserve (FOMC) meeting on March 19, which could impact market trends. Analysts say Bitcoin needs to stay above $81,000 to avoid further drops. The market expects interest rates to remain steady, but any surprise decision from the Fed could affect Bitcoin’s price.

Source: Cointelegraph

Futures Market Updates

In the past 24 hours, BTC futures open interest increased slightly (+0.33%), while ETH futures saw a larger rise (+0.87%), indicating relatively stronger positioning in ETH. BTC futures trading volume declined (-4.25%), whereas ETH futures volume increased (+0.51%), suggesting more activity in ETH markets. BTC liquidations were higher on both the long ($18.78M) and short ($26.36M) sides compared to ETH ($15.68M long / $14.49M short), implying more volatility in BTC futures. The long/short ratio shows a bearish tilt for BTC (49.61% long vs. 50.39% short) and a bullish tilt for ETH (50.71% long vs. 49.29% short). Additionally, ETH’s funding rate (0.0039%) is higher than BTC’s (0.0023%), reflecting greater demand for leveraged long positions in ETH.

BTC Futures Updates

Total BTC Open Interest: $48.63B (+0.33%)

BTC Volume (24H): $68.30B (-4.25%)

BTC Liquidations (24H): $18.78M (Long)/$26.36M (Short)

Long/Short Ratio: 49.61%/50.39%

Funding Rate: 0.0023%

ETH Futures Updates

Total ETH Open Interest: $17.88B (+0.87%)

ETH Volume (24H): $22.98B (+0.51%)

ETH Liquidations (24H): $15.68M (Long)/$14.49M (Short)

Long/Short Ratio: 50.71%/49.29%

Funding Rate: 0.0039%

Top 3 OI Surges

MUBARAK: $76.48M (+28496.88%)

1000X: $11.59M (+845.82%)

X: $12.29M (+560.25%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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