Hundred-million-level whales are going long again! This BTC counterparty is also bottom-fishing.

RektRecovery · 2026-01-19T10:36:13+00:00

A special whale address increased its holdings to $272 million on January 19, mainly going long on ETH and BTC, and suddenly shifted to a long strategy. Despite being forcibly liquidated due to market volatility, it later actively bought the dip, indicating a new judgment on the market trend. This whale is referred to as MicroStrategy's on-chain counterparty, operating in the opposite direction of the company.

RektRecovery

2026-01-19 10:36:13

Abstract generation in progress

【Blockchain Rhythm】On-chain data monitoring shows that on January 19th, a special identity whale address began accumulating continuously over the past few hours, with total holdings rising to $272 million.

The operation direction of this whale is very interesting—using 15x leverage to go long on ETH, with a position size of $221 million, an average price of $3,213, currently with a floating loss of $24,000; at the same time, using 20x leverage to go long on BTC, with a position of $43.7 million, an average price of $93,000, with a floating loss of $3,000. This position was opened just two hours ago.

The shift came suddenly. Early this morning, this address was forcibly liquidated due to market volatility, with long positions on three mainstream coins all exploding, losing over $15.3 million. But not long after, it used 20x leverage to bottom-fish BTC and ETH, once reaching a position size of $53 million. By around 3 PM today, all those orders were closed. Now, it is entering its second round.

Why is this whale so special? Since December last year, it has been gradually building a position with an initial $20 million account, mainly shorting BTC and ETH. But this time is different—it has switched to going long. The market has given it an interesting nickname: “On-chain counterparty” of MicroStrategy, because this whale’s operation direction happens to be opposite to the strategy of that listed company, which has been continuously buying BTC. Recently, this whale has repeatedly gone long, with single positions reaching the billion-scale, indicating it has a new perspective on the market trend.

BTC-2.32%

ETH-3.62%

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FlashLoanLord

· 01-19 11:03

This whale is really bold. After being liquidated for 15.3 million, they still dare to re-enter the market. Truly fearless.

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AlwaysAnon

· 01-19 11:02

Is this whale crazy? Losing over 15 million and still daring to re-enter the market? I'm truly impressed.

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BlockchainFoodie

· 01-19 11:01

bruh this whale just got liquidated for 15M and immediately went balls deep with 20x leverage again... that's some serious conviction or maybe just a fancy way to donate to liquidation pools lmao

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not_your_keys

· 01-19 11:01

Bro, this whale is really ruthless. Still daring to keep smashing after liquidation? Truly bold.

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ValidatorViking

· 01-19 10:51

lol this whale's got nerves of steel, getting liquidated for 15M then doubling down with 20x leverage? that's either genius or insanity, no in-between. the slashing risk on this kind of leverage is absolutely brutal tho—one bad candle and it's game over again.

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