Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Whale aggressively adds to BTC shorts! The account size and profit data of this address are impressive.
【BlockBeats】Recently, an interesting phenomenon has been observed. A whale address marked as “big short position” by monitoring has been continuously increasing its BTC short positions. Currently, the total holdings have reached $839,000, with an opening average price around $92,490.8.
This guy’s trading style is quite aggressive—90% of his perpetual contract positions are shorts, making him a steadfast believer in BTC’s decline. However, his portfolio is also quite diversified, holding various assets besides BTC shorts, including LIT (about $14.158 million), HYPE ($8.3 million), ETH ($4.9 million), and others.
Speaking of the size of this address, it’s even more noteworthy. The account holds a total of 20 different tokens, with a total asset scale of approximately $28 million, and this is just the current holdings. Even more impressive, the total cumulative profit for this address over its entire cycle has exceeded $78.025 million—this return rate directly reflects the trader’s strong trading ability.
From the perspective of the asset allocation, he is using BTC shorts as a sword to bet on market downturns, while also balancing his portfolio with mainstream assets and emerging tokens for hedging. This kind of strategy can be quite instructive for ordinary retail investors, especially during periods of increased market volatility.