On-chain whale Strategy opponent's floating loss exceeds 3.3 million, all short positions across multiple cryptocurrencies face pressure

2026-01-12 09:52:46

According to Hyperinsight monitoring, the leading whale with the nickname 0x94d37 on Hyperliquid exchange has recently expanded its short positions on several mainstream cryptocurrencies in the Strategy counterparty. However, the market trend has shown a contrary change to its holdings, causing multiple high-leverage positions to incur losses.

Multi-asset short positions all showing floating losses, whale faces risk

Based on the latest monitoring data, this whale’s loss situation is concerning:

Bitcoin short position deepest: The whale shorted 1502.75 BTC with 10x leverage (worth about $140 million), with an entry price of $91,321.6. The current floating loss has reached $3.3 million. Considering the current BTC price has risen to around $90.80K, the pressure on the short position is evident.

Ethereum short loss exceeds $2 million: Shorted 22,621.19 ETH with 15x leverage (about $73.13 million), with an average entry price of $3,139.43. The floating loss is $2.046 million. As ETH’s current price hovers around $3.12K, there is still risk in this position.

Solana and Sui short positions are relatively smaller: Shorted 75,443.92 SOL with 20x leverage (about $10.45 million), with an average entry price of $138.09, currently floating loss of $23,000; Shorted 588,954.5 SUI with 10x leverage (about $11.61 million), with an average entry price of $1.88, floating loss of $50,000. However, considering SOL is currently reported at $139.78 and SUI at $1.78, these positions still carry risk.

Market signals behind the whale’s losses

The collective floating losses of this whale’s short positions reflect a clear shift in recent market sentiment. The continued rise of mainstream cryptocurrencies like BTC and ETH contrasts sharply with the large holders’ bearish expectations, which may indicate that the market’s bullish sentiment is overshadowing bearish outlooks. For traders, such on-chain large holder position changes often provide important contrarian signals.

BTC1,63%

ETH0,67%

SOL1,9%

SUI0,67%

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