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Whale Executes Short Trading Strategy with 40x Leverage on Bitcoin
In the context of cryptocurrency market volatility, large investors or “whales” continue to refine their trading strategies. At the end of January, BlockBeats on-chain data recorded a significant transaction executed by a whale that illustrates the sophistication of these movements.
Transaction Details
The whale took a short position on 22.5 BTC using 40x leverage, with an average entry price of $87,771.1. This operation represents a decisive bet in favor of a bearish correction. According to blockchain metrics, this wallet has since experienced a slight unrealized loss, reflecting changes in market dynamics since the execution.
Strategy Focused on BTC
On-chain analysis reveals that this address systematically employs a short-term trading strategy with high leverage, prioritizing Bitcoin operations. The recent tilt toward short positions suggests that large holders are considering scenarios of temporary correction. This trend contrasts with some accumulation movements observed in other market segments.
With BTC currently trading around $70.79K, the difference between the historical entry price and current levels illustrates the characteristic volatility of the cryptocurrency market and underscores the importance of risk management strategies such as short-term trading for institutional investors and whales.