2026-01-09 11:30:57

On-chain data shows that a large holder who was previously heavily bearish has recently changed strategy. This whale previously made a significant profit by short selling 255 Bitcoin, but now has made a large move to build long positions, with a total scale of $310 million.

Specifically, he bought 1210 BTC (worth about $109.5 million), 32474 ETH (about $100.6 million), 503778 SOL (about $69.9 million), and 14.26 million XRP (about $29.9 million). With this series of operations, his unrealized profit has already surpassed $9.4 million.

From a short to a long position, what does such a big move usually indicate? Market participants might want to carefully observe the subsequent trend.

BTC-0,11%

ETH0,3%

SOL2,43%

XRP-2,34%

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TradingNightmare

· 4h ago

The short position has turned into a long position. Such a quick turnaround in buying and selling, I think there's an 80% chance they've caught onto some market trend. The unrealized profit of 9.4 million has already been secured. Next, we'll see if this whale can truly hold steady on the bullish side.

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ser_we_are_ngmi

· 20h ago

Shorts turn into longs? This guy must have seen through something. I'll just sit back and gather dust.

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MindsetExpander

· 01-11 07:22

Wow, this whale really turned around. Previously, the bears made a killing, and now the bulls are taking over. A direct bet of $310 million... feels like something big is about to happen.

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tx_pending_forever

· 01-10 12:42

From short to long, has this guy caught a whiff of something... 9.4 million floating profit, just looking at it is unbelievable

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BearWhisperGod

· 01-09 11:58

Big short sellers suddenly switch to go long? This guy must have seen something we haven't, already holding a floating profit of 9.4 million.

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MEVHunterWang

· 01-09 11:56

Shorts turning into longs? Buddy, are you about to bottom fish? A $310 million move is no joke, I have to join in and have a sip of the soup.

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TommyTeacher1

· 01-09 11:53

Bro, this counter-move was really brilliant. He directly took back the money from the short positions and even made an extra 9.4 million... I just want to know what he's thinking. Does he genuinely believe in this or is he just harvesting the newbies?

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MerkleMaid

· 01-09 11:49

Wow, this guy really turned around. He made a killing shorting before and now he's all-in on longs. The pace is pretty intense.

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MEVHunter_9000

· 01-09 11:37

Shorts turn into longs for 310 million? Is this guy really enlightened, or is he just setting a trap for us?

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