- Gambler 0x2226 bets $45M on 400 BTC with 40x leverage after a $1.33M loss.
- Whale 0x960B shifts to a $63M long on 559 BTC with 10x leverage.
- BTC price may surge to $115,000 if bullish sentiment holds.
In a dramatic turn of events in the crypto market, high-profile traders are doubling down on Bitcoin (BTC) with massive long positions, as reported by Lookonchain on September 8, 2025. A gambler identified as 0x2226 closed previous long positions on BTC, PEPE, and DOGE, incurring a $1.33 million loss, only to pivot with a bold $45 million long on 400 BTC using 40x leverage.
Whale 0x960B Flips to $63M Long Position
Similarly, whale 0x960B, after a $296,000 loss on a short position, flipped to a $63 million long on 559 BTC with 10x leverage. These moves signal a strong bullish sentiment, despite the inherent risks of such high leverage.
Charts Reveal Volatility and Unrealized Losses
The charts accompanying the report, sourced from Hyperdash, reveal the volatility these traders are navigating. The gambler’s account shows a $2.38 billion perpetual equity with a staggering $1.08 billion unrealized loss, yet a 31.30% return on equity (ROE) highlights the potential for massive gains—or devastating losses.
The whale’s strategy, while less aggressive with 10x leverage, underscores a coordinated shift among big players toward a bullish BTC outlook. This alignment often precedes significant price surges, though the market remains a high-stakes game of speculation.
Market Eyes $115K BTC Amid High-Risk Bets
As the crypto community watches, these positions could propel BTC toward the $115,000 mark, as some enthusiasts predict. However, the use of extreme leverage amplifies the risk, with liquidation looming if the market turns. For retail investors, this serves as a reminder of the volatile nature of crypto trading, where whales and gamblers alike drive price action. With only days left in ongoing campaigns like those for $SKITTEN and $DOOMER, the market’s next move could hinge on these high-stakes bets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
