Whale Trader 0x30af Incurs $4.34M in Crypto Losses, Pivots to High-Leverage Tech and Semi Bets

According to on-chain analytics platform Lookonchain, high-net-worth trader 0x30af recently closed a 1,355.6 BTC long position valued at $110.85 million, realizing a $3.26 million loss. The move follows an Ethereum long liquidation roughly five hours prior that wiped out $1.08 million in capital. Following the crypto drawdown, the trader pivoted into maximum-leverage positions across synthetic and tokenized equities, deploying $34.65 million into Tesla (TSLA) with a liquidation price of $350.74, $7.59 million into DRAM with liquidation at $45.28, and $3.85 million into Direxion Semiconductor 3x Bull ETF (SOXL) with liquidation at $89.39. In addition, the whale continues to manage an active 1,355.6 BTC long position backed by a stop-loss order set at $80,500.

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