【Chain Wen】The mysterious whale who precisely shorted during the market flash crash on October 11 has recently made a big move again.
Starting 9 hours ago, this trader has been aggressively increasing their ETH long positions. The holdings went from 120,000 to 140,000 ETH, adding a total of 20,000 ETH. At current prices, this position has expanded to $453 million. The average opening price was $3,179, with an unrealized profit of $8.33 million on the books.
Even more intense was the operation at 4 a.m.: a long position of 100,000 SOL (worth $13.62 million) + 958 BTC long (worth $88.65 million), pouring in a total of $100 million at once. The SOL position earned $60,000, while the BTC position has an unrealized profit of $910,000.
Currently, this whale’s total holdings amount to $556 million, with an unrealized total profit of $9.3 million.
From a flash crash short to an all-in long, this reverse move was quite aggressive. The market’s biggest concern now is: at what point will he take profits and exit?
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SelfSovereignSteve
· 13h ago
Damn, this counterattack is too fierce. The short position instantly turns into a long position. This psychological quality is truly exceptional.
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5.56 billion. Just moving a finger can generate millions in unrealized gains. I can't even dare to imagine.
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The question is, when will this guy run? Once he dumps the market, us retail investors will have to drink the soup again.
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Trading at 4 a.m., how clear-headed must he be? I would have been asleep long ago.
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Unrealized gains of 9.3 million are as steady as a mountain. If it were me, I’d be staring at K-line charts until I twitched.
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Just want to know if this whale is holding a wallet of a major institution. The way he plays definitely suggests a big background.
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From short to long, it’s really just one thought away. The market signals are incredibly accurate.
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Made only 60,000 on SOL, probably not enough to even pay for gas fees for him.
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Who can precisely hit the point of a flash crash? Is it luck or insider information?
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A position of over 500 million, moving just a bit can crash half the market. Retail investors are really being crushed.
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memecoin_therapy
· 13h ago
Damn, this guy really dares to do it. After a flash crash and short sellers profit, he turns around and goes all in on the longs. 556 million was just thrown in like that.
This rhythm is pretty aggressive, really treating the market as an ATM.
A floating profit of 9.3 million—what high point does he want to hit before he’s willing to exit?
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MetaverseLandlady
· 13h ago
Wow, that counterattack is so fierce, going from a short position to all-in on long, really confident about this wave of market trend.
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StablecoinArbitrageur
· 13h ago
ngl the correlation flip here is wild... one day shorting the crash, next day yoloing into 556M? that's either genius or the most expensive lesson in market microstructure we're about to witness. the basis between spot and futures on this must be absolutely *chef's kiss* right now if you're into that kind of thing. curious what the liquidation price looks like tbh
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ShortingEnthusiast
· 13h ago
This whale really dares to play. A flash crash, and the short sellers turn around and go all-in on the long side. $556 million was just thrown in, and I, a small retail investor, can only watch.
This time, I don't know where his take-profit point is set. If he manages to catch the bottom again, it would be truly amazing.
Throwing in 100 million at midnight is like playing around. With a floating profit of 9.3 million, he's still adding positions. How much confidence does that take?
His move looks impressive, but I'm worried there might be a big trap ahead.
Honestly, players who are willing to spend real money like this are worth watching. Let's see how he plays out.
Flash crash shorting giant whale reverses to go long: $556 million heavy position in ETH/BTC/SOL
【Chain Wen】The mysterious whale who precisely shorted during the market flash crash on October 11 has recently made a big move again.
Starting 9 hours ago, this trader has been aggressively increasing their ETH long positions. The holdings went from 120,000 to 140,000 ETH, adding a total of 20,000 ETH. At current prices, this position has expanded to $453 million. The average opening price was $3,179, with an unrealized profit of $8.33 million on the books.
Even more intense was the operation at 4 a.m.: a long position of 100,000 SOL (worth $13.62 million) + 958 BTC long (worth $88.65 million), pouring in a total of $100 million at once. The SOL position earned $60,000, while the BTC position has an unrealized profit of $910,000.
Currently, this whale’s total holdings amount to $556 million, with an unrealized total profit of $9.3 million.
From a flash crash short to an all-in long, this reverse move was quite aggressive. The market’s biggest concern now is: at what point will he take profits and exit?