Analysis of Trading Secrets and Strategies of Top Whales: The Art of Leverage and Timing

As the market conditions improve, the activities of large traders on a certain trading platform have once again attracted market attention. These mysterious large traders, known as "Whales," create ripples within the platform with their strong capital, unique strategies, and precise grasp of the market. Their every move not only reflects market sentiment but also provides us with a window to observe the competition among top traders.

This article will analyze the distinct trading strategies, risk preferences, and success or failure logic of these Whales, attempting to unveil a glimpse of their wealth secrets and explore what experiences and lessons ordinary investors can learn from them.

Short-term Sniper: The Event-Driven and High-Leverage Art of "50x Brother"

This trader is a veteran in the industry, having started posting Bitcoin-related content on social media since 2014, and is a staunch supporter of Bitcoin. After 2015, he went silent on social media. Until March 2025, when he made headlines for profiting over $9 million by shorting Bitcoin with high leverage, sparking discussions and questions about the source of his funds, prompting the trader to choose to reveal his identity to address the doubts.

His trading style is characterized by high risk and high returns, often using 50x leverage and responding quickly to market changes. For example, around the Federal Reserve's interest rate decision on March 20, 2025, he shorted BTC when the price was $84,566, closing his position for a profit of $81,500 when the price fell to $82,000. He then went long at $82,200, closing the position when the price rebounded to $85,000, earning an additional $921,000, achieving a total return of 164%.

From his trading strategy, this trader excels at capturing event-driven and transient opportunities, demonstrating a unique insight into the market. He is adept at inferring market opportunities based on expectations surrounding major events (such as the Federal Reserve's interest rate decisions) to earn significant profits during swings. At the same time, he can decisively enter the market when fear is at its peak. When Ethereum fell to around 1500, and the market was generally bearish, he invested 5.5 million dollars to buy 3715 Ethereum (average price 1493.5) and sold it at 2502 dollars, gaining 3.74 million dollars.

On May 12, the results of the China-U.S. trade negotiations were announced, and the market is expected to experience fluctuations. This trader shorted Bitcoin at $104,094 and subsequently made a profit of $1.18 million.

As of May 13, he has made a profit of about $2.82 million on the platform. Overall, his trading is not frequent, with only 3-4 trades over two months. Each trade can accurately predict short-term trends and is bold yet meticulous, often teetering on the edge of liquidation. However, this style is not suitable for ordinary users to imitate, as he often incurs losses in some small altcoin trades.

Legend and Controversy Coexist: MEME Coin Hunting and Whale Operations

A well-known trader has been active on the platform since March 2025. His trading style leans towards longer periods (several days), and besides mainstream tokens, he also likes to bet on MEME-themed tokens such as TRUMP, Fartcoin, and PEPE. The high volatility of MEME tokens seems to be the main source of his profits.

As of May 13th, holding positions in PEPE brought him $23 million in unrealized profits, far exceeding the profits of mainstream tokens like BTC.

In terms of leverage usage, this trader is relatively conservative, setting different leverage multiples for different volatility. For example, a 40x leverage is set for opening a position in BTC, while only a 10x leverage is used for PEPE.

In addition, he has established the platform's largest user fund, but unlike individual precise operations, this fund is currently underperforming. Long positions on BTC were taken at a price of 103,533, resulting in a loss of about $960,000 as of May 13, with a yield of approximately -10%. Over the past month, the overall yield of this fund has been -8%. Despite this, it has still attracted $10 million in deposits, of which $9.2 million came from him personally.

Overall, this trader achieved a profit of 45 million USD on the platform. His trading strategy mainly focuses on long positions, capturing opportunities when the market rises. For example, he opened a 40x long position when the BTC price was at 94,000 USD, and when the price rose above 100,000 USD, his floating profit reached 5.4 million USD. Although the win rate is not high (around 47%), he can still obtain huge profits through large positions and high leverage.

The success of this "legendary trader" is also accompanied by controversy. Some accuse him of profiting from community trust, such as by promoting Meme coins to inflate prices and then selling, like the baby pepe incident in 2024. He has denied these allegations. Currently, these controversies and responses remain unverified.

His successful trades benefit from large positions, often opening tens of millions or even over a hundred million each time. Coupled with a keen insight into market changes, this leads to high returns. Ample margin also raises the liquidation price to a high threshold. This style helps improve the win rate, but if the trend judgment is wrong, it can also lead to significant losses.

The Mysterious Whale Making Its Mark: Mainstream Coins Testing Waters and Swinging Under Low Leverage

This mysterious Whale has only recently started to be active on the platform, initially attracting attention by investing over $8 million to long ETH. Subsequently, by going long on XRP and SOL, they made over $8.16 million in profit within a week.

In terms of trading style, this Whale has strong financial strength, with an initial investment of 36 million dollars. He is not keen on extreme speculation and short-term operations, but chooses low leverage and extended holding periods to maintain profits.

In terms of trading varieties, currently only ETH, XRP, and SOL are involved, which are three mainstream altcoins. Among them, ETH is profitable, while XRP and SOL are at a loss. From the trading strategy perspective, this Whale seems to lack decisiveness, initially only opening a position in ETH, and then choosing to go long on XRP and SOL at high levels during the market surge. After the market correction, possibly influenced by psychological fluctuations, all orders were closed. Although ultimately profitable, the trading style and approach are not worth emulating.

The Firm Contrarians of the Market: Can the Cash-Splashing Bearish Whales Come Out on Top?

Compared to the whale introduced earlier, this trader can temporarily be seen as a counterexample. As of May 13, this address has incurred an unrealized loss of $3.12 million by shorting BTC, ETH, and SOL.

Starting from May 10, this Whale has gradually injected 50.5 million USD into the platform for short selling. The total amount of positions exceeds 230 million USD, with BTC positions exceeding 110 million USD. He seems to be a firm bear in the market, investing all his funds into positions and holding them for several days without closing.

Thanks to the strong margin, the liquidation prices at this address are difficult to reach (BTC liquidation price is $142,000, ETH liquidation price is $4,254, SOL liquidation price is $294). Currently, the overall position loss is only about 6%.

We cannot determine whether this Whale's ultimate direction is correct; we can only continue to monitor and see if this mysterious market contrarian can become the prophet who predicts the market in advance.

Looking at these "powerful" whales on the platform, we find that their trading strategies each have their own characteristics, and there is no universally applicable "holy grail". Overall, whales generally choose tokens with high liquidity such as BTC, ETH, SOL, and XRP as their targets. Their trading styles vary; some prefer high leverage, while others are accustomed to predicting the market in advance. However, the positions and investments of these whales are considered high-risk operations, making it difficult for ordinary investors to emulate. In the risk-filled cryptocurrency market, the only way to move steadily through the turbulent waters is to continuously learn and develop one's own trading system.