Whale takes profit on SOL short position and switches to long? 18x leveraged ETH position shows increased unrealized loss

2025-12-29 08:00:19

Abstract generation in progress

【Blockchain Rhythm】An interesting change worth noting. On December 29th, a large trader’s trading trajectory showed a clear strategic adjustment — a whale account that previously bet on SOL shorts suddenly closed its position and took profits, earning $58,300.

But then it shifted to an even more aggressive stance. This whale is still heavily shorting ETH, with a position size of $46.07 million, using 18x leverage. The problem is, this position is now floating at a loss of $7,100, basically betting on further decline.

At the same time, it also holds a $77.05 million BTC short position, with even higher leverage — 20x. The floating loss on this position has already expanded to $162,000. It seems this large trader is gambling heavily on the market continuing to go down, but the risk is also growing in real time. Both large positions are bleeding, and if the market moves in the opposite direction, liquidation could be imminent.

SOL-0.18%

ETH0.06%

BTC-0.11%

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ShitcoinArbitrageur

· 01-01 06:46

Made a profit of 58,000 and then ran, only to see it turn into 18x, 20x leverage pushed up. This whale is really greedy... Now both positions are bleeding, feeling like a liquidation is imminent.

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NotFinancialAdvice

· 2025-12-29 11:27

This whale is really just getting started. After making money from shorting SOL, they immediately went all-in... 18x leverage on ETH, 20x on BTC. Are they a gambler or a trader?

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GateUser-e19e9c10

· 2025-12-29 08:22

Is this whale trying to gamble on the market dying? Using 18x or 20x leverage to stubbornly hold short positions, even with unrealized losses like this, why not just exit?

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GateUser-a606bf0c

· 2025-12-29 08:12

This whale is probably going to get trapped and wiped out, shorting ETH 18x, shorting BTC 20x, and now they're all bleeding...

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ContractTester

· 2025-12-29 08:12

Making $58,300 isn't enough, and he still wants to play with 18x and 20x leverage. This guy is really brave. The unrealized loss has already totaled over $230,000, and he's still betting on a short...

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defi_detective