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A trader who claimed to "like going all in on .eth" suffered a margin call after going long on gold, losing $1.27 million.

2026-09-02 03:27:25
Shareshare

According to BlockBeats, on September 2nd, a whale account named "Likes to Go All In.eth" experienced forced liquidation of its long gold positions. This address had previously established a long GOLD position on August 31st at an average price of $4422.3, using 20x isolated margin, with a position size approaching $2 million.


During today's gold price decline, the trader proactively reduced their position by 154.20 contracts near $4311, incurring a loss of approximately $17,200. The remaining 298.05 contracts were subsequently liquidated by the system at approximately $4290.06, amounting to approximately $1,279,000, resulting in a further loss of approximately $39,400. The total loss from this round of gold trading was approximately $56,600.


As of press time, the gold position at this address has been reduced to zero, but the account has not been completely closed out: it still holds approximately $187,000 in xyz:CBRS long positions; its perpetual historical cumulative PnL is still approximately positive $308,000.


Furthermore, the wallet controlled by this address on the blockchain also corresponds to the Polymarket public account "Azen". In its very early stages, Azen bet approximately $999 that the Federal Reserve would cut interest rates by more than 50 basis points after its September meeting, ultimately achieving a profit of approximately $1890. However, this is Azen's only publicly completed transaction on Polymarket to date.


Address: 0xfe40fa3decfc6dc555f4ad7736d0dd65ccbd4743


The on-chain Perp and address analysis tool TradingBeats are now live, supporting real-time viewing of Hyperliquid data, from address tracing to whale operations, providing in-depth analysis and a complete overview.

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