Whale big account's large hedge operation today: ETH long position against BTC short position

SignatureVerifier · 2026-01-09T05:36:09+00:00

A large whale account is simultaneously hedging on ETH and BTC: going long 4383.15 ETH with 14x leverage, and maintaining a 20x leveraged short position of 397.98 BTC. Although currently experiencing a slight unrealized loss, it still reflects market participants' outlook on the future market.

SignatureVerifier

2026-01-09 05:36:09

Abstract generation in progress

【Block Rhythm】On-chain monitoring data shows that a big whale was very active today at 12:40 noon. First, it heavily went long 4383.15 ETH with 14x leverage, worth approximately $13.67 million, then it maintained its previously established 20x leveraged BTC short position, totaling 397.98 BTC (about $36.22 million).

This move is interesting — the big whale is betting on both ETH and BTC, going long ETH and short BTC, clearly building a hedging strategy. Based on the current account performance, this hedging operation has not yet made a profit, with the account showing a slight unrealized loss. Such large-scale actions often reflect market participants’ true outlook on the future market, and it is worth paying attention to the subsequent changes in leverage positions.

ETH-0,73%

BTC-0,14%

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MoonWaterDroplets

· 01-10 12:34

This whale is betting on ETH turning around, while also pushing BTC? Interesting, I like Ethereum but not Bitcoin.

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StakoorNeverSleeps

· 01-09 23:43

Big Whale's move clearly bets on ETH outperforming BTC, using 14x leverage long and still holding unrealized losses... Wow, how strong must their mindset be.

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ContractTearjerker

· 01-09 06:01

This whale is playing some tricky tricks, using the ETH profits to fill the BTC gap.

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DefiVeteran

· 01-09 05:55

Is this whale trying to bet on ETH rebound? This hedging move is a bit aggressive. The unrealized loss is still adding to the position. We'll see tomorrow. Playing BTC short with 20x leverage is really a gamble with your life. Are big players starting to go long on ETH? This signal is quite interesting. It's both hedging and unrealized loss. This wave could either make a huge profit or get liquidated.

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GateUser-afe07a92

· 01-09 05:46

This whale is really bold, using 14x leverage to directly buy ETH worth 13.67 million, while holding a 20x short position on BTC. They're still floating with a loss, haha.

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