On-chain monitoring data shows that on December 30th, a whale wallet that previously sold 255 BTC once again significantly adjusted its position. This time, they not only increased their BTC short position by 10 times but also opened high-leverage positions in ETH and SOL—specifically, 10x ETH short and 20x SOL short.
Based on the current market price, this whale's total holdings have reached approximately $169 million. The specific allocations are: 36,281 ETH (worth about $106.5 million), 552.25 BTC (worth about $48.16 million), and 114,677.21 SOL (worth about $14.13 million).
From the perspective of the position structure, this whale is clearly long on major cryptocurrencies while actively deploying high-risk leveraged shorts. This combination strategy reflects a hedging approach by large investors in anticipation of market volatility. For on-chain tracking enthusiasts, the movements of such whales often reflect the market participants' true outlook on recent market trends.
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
WhaleMinion
· 12h ago
Wow, this whale strategy is pretty aggressive. Are they betting on volatility or is there something else in mind?
View OriginalReply0
WalletsWatcher
· 12h ago
This whale is playing really aggressively, stacking coins while shorting. They're betting on volatility.
View OriginalReply0
GweiWatcher
· 12h ago
Oh no, this whale is playing tricks again, with a position size of $169 million... really daring to bet
View OriginalReply0
ser_we_are_early
· 12h ago
What kind of strategy is this whale playing? With so many short positions, how dare they keep eating like this?
View OriginalReply0
GateUser-44a00d6c
· 12h ago
Is this whale hedging or gambling? The 169 million leverage play is indeed intense.
View OriginalReply0
ThreeHornBlasts
· 12h ago
This whale is really bold, with $169 million still opening short positions to hedge. I really can't see through the subsequent market trend.
On-chain monitoring data shows that on December 30th, a whale wallet that previously sold 255 BTC once again significantly adjusted its position. This time, they not only increased their BTC short position by 10 times but also opened high-leverage positions in ETH and SOL—specifically, 10x ETH short and 20x SOL short.
Based on the current market price, this whale's total holdings have reached approximately $169 million. The specific allocations are: 36,281 ETH (worth about $106.5 million), 552.25 BTC (worth about $48.16 million), and 114,677.21 SOL (worth about $14.13 million).
From the perspective of the position structure, this whale is clearly long on major cryptocurrencies while actively deploying high-risk leveraged shorts. This combination strategy reflects a hedging approach by large investors in anticipation of market volatility. For on-chain tracking enthusiasts, the movements of such whales often reflect the market participants' true outlook on recent market trends.