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$170 million whale movement: BTC/ETH continue to increase short positions, new SOL short positions and SUI long positions
【BlockBeats】There’s an interesting trading trend to share. On January 5th, on-chain data showed a large whale quietly adjusting its positions. This guy isn’t messing around—its total value skyrocketed to $170 million.
Specifically, the most solid are BTC short positions, with a $87.68 million position opened near $90,247.5. ETH is also active, with a $55.48 million short position, average opening price of $3,113.86. This indicates that the whale is keeping a close eye on the recent movements of mainstream coins.
Interestingly, it also opened a new short position on SOL—$27.53 million, with an opening price of $134.2. At the same time, it took a long position on SUI, although only $1.4 million in size, but this combination looks like a relative value judgment between SOL and SUI.
Such large position changes often reveal market participants’ true expectations for short-term trends. It’s worth continuing to observe this whale’s subsequent actions.