#密码资产动态追踪 On-chain operations this wave are absolutely explosive! Whales collectively shift their strategies

Tonight's market can be said to be a live broadcast of whale operations — from reversing positions, reducing holdings to preserve capital, to aggressive bottom-fishing, all are real portrayals of "trimming sails with the wind."

Let's start with those loss-making positions. One whale holding an ETH long position directly cut it, losing $2,536,000. Not just this one, BTC long positions are also reducing holdings, it seems they're afraid of further declines and just lock in the losses. An even more tragic case, holding a $15.53 million ETH position, ultimately stop-losses out with a loss of $6.16 million. This kind of decisive cutting of losses is truly fiercer than many retail traders.

But on the other side there are seasoned operators with reverse moves. The whale doing PEPE long, closed out short positions for $963,000 profit, then immediately threw $8.7 million into 3x leverage long. It's like they're betting all their profits on the new trend, this kind of position transfer speed is quite fast.

Shorts are also in action. That previous swing trading hunter who made over $20 million is now gradually closing out short positions in HYPE, XPL, taking profits and moving to safety. And there's an even more extreme one, directly flipped from short to long, using 3x leverage to aggressively open a long position of 20,000 ETH, which essentially means betting on a rally with a reversal.

The logic of the whole situation is actually quite clear: whales now have just one strategy — either quickly close losing positions to reduce risk exposure, or once profit is secured immediately transfer to new opportunities, the core is "no stubborn holding, quick adjustments."

This is actually a reminder for all retail traders. In such volatile market times, even on-chain whales are strictly controlling risks and constantly adjusting their strategies. As ordinary players, the approach of stubbornly holding one direction really does need to change.