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Whale's attitude reverses: after a $24.5 million profit, shifts from long to 20x leveraged shorting
【Blockchain Rhythm】In mid-January, a whale’s activity drew market attention. This whale was previously known for selling 255 Bitcoin, and now its total profit has reached $24.5 million. More notably, its market stance has shifted significantly—from a long position to a completely short position, employing an aggressive 20x leverage strategy.
According to on-chain data monitoring, this whale currently holds an astonishing short position: in Bitcoin, it has established a short of 464.28 BTC (worth approximately $44.1 million); in Ethereum, it holds a short of 6,606.66 ETH (worth about $22 million); and in SOL, the position is as high as 54,281 tokens (equivalent to roughly $7.8 million).
Such position shifts often reflect large capital’s judgment of market trends. The whale switching from long to short and amplifying risk exposure with leverage usually indicates a bearish outlook on the short-term market. These large position changes are always closely watched by market participants and often serve as important reference signals for subsequent market fluctuations.