Interesting whale activity is happening. A major whale recently completed a rare position reversal—previously holding 255 BTC short positions, now completely turning around to go long, with a new position size reaching $466 million.



The specific holdings are as follows:
2,536.55 BTC, valued at $245.5 million
45,124 ETH, valued at $150 million
479,601 SOL, valued at $70.7 million

From the data, this whale's allocation is heaviest in BTC, with SOL as a supplement. However, recent market volatility has put pressure on this long position—current unrealized losses have reached $1.1 million. Especially when Bitcoin dropped to $82,000, this position was liquidated for $25 million, a significant loss.

This case reflects that large investors are also dynamically adjusting their strategies. The shift from bearish to bullish might be based on some judgment about the market outlook. Feels like there's a story behind it.
BTC-4,32%
ETH-5,27%
SOL-5,33%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
Liquidated_Larryvip
· 01-17 16:52
Shorts turning into longs, this whale is really bold. Losing 25 million and still holding calmly. If it were me, I would have exited early.
View OriginalReply0
OnchainGossipervip
· 01-17 05:43
Wow, the short sellers immediately turned around and went long. This whale really has guts. --- 255 BTC short positions were directly cleared. Looks like they really believe in the bottom theory. --- Dared to add positions after losing 25 million in liquidation. Either they are crazy or they saw something real. --- BTC's weight is so high, indicating they are still optimistic about the market’s future rhythm. --- This brother lost 1.1 million but still keeps holding on. Impressive temper. --- From short to long, it feels like the market is about to change. Big players are starting to buy the dip. --- SOL's position is interesting, not a mainstream configuration approach. --- 82,000 directly turned into 25 million, and they haven't run. Are they gamblers or strategists? --- The long position building scale is so large, it’s not just about pushing the price up; they truly believe in the bottom.
View OriginalReply0
ForkYouPayMevip
· 01-15 02:04
Going from a short to a long position so aggressively, it's only possible to play like this with a capital of 25 million.
View OriginalReply0
HashBardvip
· 01-15 02:03
whale flipped from bearish to bullish and immediately got smacked with a 25m liquidation... the narrative arc here is almost tragic, ngl. market doesn't care about your conviction
Reply0
FlashLoanLordvip
· 01-15 01:53
Shorts reversing to go long, this guy definitely has ideas, but the cost of this 25 million liquidation is a bit painful.
View OriginalReply0
BoredRiceBallvip
· 01-15 01:49
Bearish against bullish, this rhythm feels off... Are we still bottoming out?
View OriginalReply0
  • Pin