2026-01-07 07:27:40

On January 7th, according to on-chain data tracking, a major Bitcoin whale on a certain crypto trading platform suddenly reversed from a long position to a short position after holding a long position for nearly two months. This whale currently holds a short position in Bitcoin with 3x leverage valued at $12.95 million, with an opening average price around $92,739.

The move by large traders from long to short is often seen by the market as an important indicator. Against the backdrop of Bitcoin's continued rise, this contrarian action may indicate market participants' concerns about the future trend. The existence of this massive short position is also currently influencing the market's leverage structure and sentiment dynamics.

BTC1,96%

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GasFeeSurvivor

· 01-10 01:23

Did the whale suddenly turn around to short? Is this guy really seeing through or just going against the trend?

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TokenTaxonomist

· 01-09 22:55

wait, let me pull up my spreadsheet on this one... 12.95M on 3x leverage? that's a statistically significant position flip, but like, two months of accumulation then sudden reversal? taxonomically incorrect market timing if you ask me. the whale's got 92739 as entry which is... interesting given current price action. data suggests otherwise to what the crowd's buying into rn tbh.

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GasFeeBarbecue

· 01-07 11:36

Whale suddenly turns around... Is this the rhythm to dump the market?

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LiquidationOracle

· 01-07 07:56

Whale suddenly turns around? Is this a move to dump the market?

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DoomCanister

· 01-07 07:54

Whale suddenly changes direction, is this a move to dump the market?

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ShitcoinConnoisseur

· 01-07 07:54

Are whales turning from long to short? This time, they might really dump the market.

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DaoGovernanceOfficer

· 01-07 07:41

ngl the whale flip from long to short after 2 months screams either market top signal or just classic insider accumulation theater... empirically speaking, singular whale moves don't predict squat tho 🤓

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BlockchainArchaeologist

· 01-07 07:30

Whale has turned around? This move might be to dump the market.

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