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

SOL-1,67%
BTC-0,63%

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

XRP Could Struggle in 2026 — Why Some Holders Are Quietly Switching to Bitcoin Everlight Shards

The SEC lawsuit against Ripple that was compressing XRP sentiment for many years has finally concluded a few months back. Exchanges that had previously delisted the cryptocurrency are now back offering it. And yet, the token has spent the first few months of this year trading sideways, while the b

CryptoPotato9m ago

BTC Waits for Liquidity as STH Cluster Thins at $60K-$70K

_Glassnode flags a thin short-term holder supply cluster between $60K and $70K, calling the setup constructive in form but not yet in magnitude._ Bitcoin is sitting at a critical cost basis boundary. On-chain data from Glassnode puts it right at the lower edge of where most new buyers entered the m

LiveBTCNews22m ago

Here’s What Happened the Last Time Bitcoin Price Had 6 “Red” Months in a Row

Bitcoin is about to do something it’s only done once before. Close its sixth consecutive month in the red. That’s not a typo. Six months. Straight. Red. The BTC price has been bleeding since October, and the monthly candles don’t lie. This has happened only one other time in Bitcoin’s entire hi

CaptainAltcoin37m ago

Strategy may have paused bitcoin accumulation last week, ending a thirteen week buying streak

Strategy (MSTR) did not increase its bitcoin holdings last week, breaking a streak of 13 consecutive weekly purchases. Executive Chairman Michael Saylor instead focused on a different offering, with MSTR holding 762,099 BTC at an average price of $75,694 each.

CoinDesk1h ago
Comment
0/400
No comments