A trader using the handle @solanadoomer1 holds a 40x leveraged short position on 500 Bitcoin, amounting to a notional exposure of $36.97 million. The position was entered at a price of $73,907.60 per Bitcoin, with a liquidation price set at $85,451.20, which is above the entry price. This means if Bitcoin's price rises to the liquidation level, the position will be forcibly closed, potentially causing significant losses. Despite this risk, the account has historically made a cumulative profit of $21.32 million. This situation highlights the high-risk nature of leveraged short positions in volatile cryptocurrency markets.
The high-risk move by @solanadoomer1 to short Bitcoin with 40x leverage contrasts with Bitcoin's steady trading on Pluang, where it is priced at Rp1.334.894.628 as of Nov 12, 2026 13:31 WIB. The platform shows a slight 1-day price increase of 0.04%, with a strong market cap of Rp26.969,28 trillion and active trading volume of Rp433,53 trillion. Most Pluang users are buying Bitcoin, with 72% of orders as of the same time, and typical hold times stretch to 113 days, indicating longer-term confidence among investors.
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