2026-01-09 03:25:53

I recently came across an interesting on-chain data point. A top whale who used to operate on a major perpetual contract platform suddenly changed their strategy yesterday.

This gentleman's BTC short position was closed at a profit at a high level, netting $1.705 million, and then he reversed to open a long position. Currently holding 1510.89 BTC (equivalent to about $137 million in scale), using 15x leverage, with a cost basis around $90,631. After this series of operations, the account has already realized an unrealized profit of $666,000.

Even more impressive, this big player is not only active in BTC. Simultaneously, he also used high leverage to go long on 9 altcoins, with unrealized profits already totaling $1.003 million. From a short to a long, this switch was quite decisive. Market sentiment changes are reflected on-chain; sometimes watching these whales' actions is more effective than looking at indicators.

BTC-0,17%

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DiamondHands

· 01-09 03:56

The bears have given up; the market is so fierce that they really can't hold on.

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RealYieldWizard

· 01-09 03:56

The bearish old monster suddenly goes long, this is a signal, gotta keep a close watch.

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MeltdownSurvivalist

· 01-09 03:55

The shorts have given up. Is it really going to rise now? Haha, I don't believe it. --- Playing BTC with 15x leverage, this guy is really bold. If the market moves in the opposite direction, he'll be liquidated immediately. --- From over 1.7 million in short profit to going all-in on longs, I can't quite follow this logic... --- The giant whale changing its stance is indeed a signal, but I still remain cautious. --- Over 1510 BTC, how rich do you have to be? Ordinary people can't afford to play this game. --- Trading nine different altcoins long at the same time? This is a all-in move. --- Just by looking at this guy's operation, you can tell the market is about to reverse. It happens every time. --- A floating profit of 660,000 is already quite a lot, but I'm just worried the market might give you a quick counterattack. --- This giant whale switching from short to long, what does it mean? The market is about to take off. --- High leverage turning into a long position is a gambler's mentality—either big profits or bankruptcy.

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ruggedSoBadLMAO

· 01-09 03:48

Bro, your turnaround is really impressive. Going from a short to a long in the blink of an eye.

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TideReceder