2025-12-30 11:25:41

On-chain has just captured a noteworthy move: a whale (0x90924) cut down a 150 BTC long position with 40x leverage, equivalent to approximately $13.18 million. Does this sound like an exit scam? Not really.

This whale didn't completely exit the market; instead, it shifted funds to a new battlefield — a basket of altcoins with 8x leverage, including mainstream ecosystem tokens like ETH, SOL, and SUI. The total position value is about $17.53 million, currently showing a floating profit of $65,000.

How to interpret this move?

First, it’s a typical risk management strategy. High-leverage BTC longs are prone to volatility at this stage; cutting them reduces the risk of short-term liquidation. But switching to a multi-asset, moderate-leverage portfolio indicates that this whale hasn't abandoned a bullish outlook — just upgraded its strategy from "all in BTC" to "diversified allocation."

Historically, during mid-bull markets, BTC often enters a consolidation phase while altcoins take turns performing. The whale’s actions are essentially testing this hypothesis: liquidity is shifting from Bitcoin to tokens with strong ecosystem narratives. Assets like ETH, SOL, SUI, and AAVE are core assets within their respective ecosystems, with solid fundamentals and narrative support.

What should we do operationally?

No need to rush to cut positions, but adjustments are necessary. Gradually reduce high-leverage BTC positions and reallocate funds into mainstream altcoins and ecosystem leaders in batches. The core strategy remains a "moderate leverage + spot holdings" combination, allowing participation in market fluctuations without being wiped out by black swan events.

Monitoring the movements of large on-chain holders is crucial, as their fund flows are often more honest than market sentiment. This rebalancing isn’t necessarily a top signal but a prelude to a market rhythm shift. The bull market is far from over; each wave of volatility is redistributing chips, creating opportunities for latecomers to jump in. Stay calm and go with the flow.

BTC0,73%

ETH-0,35%

SOL1,12%

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ForkTongue

· 22h ago

Whales cut their BTC longs but instead increase their altcoin positions? I've seen this move before, following the trend will get you killed quickly, buddy.

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PaperHandSister

· 22h ago

This whale really knows how to play, cutting 40x and then turning around to buy altcoins... If it were me, I would have lost everything long ago, haha. I told you, true experts don't just go all-in on a single coin; understanding rotation is the real key. Can SOL rise this time? It feels like the hype has already cooled down.

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TradingNightmare

· 22h ago

Whales just cut orders, and then turn around to invest in a basket of altcoins. This move definitely has some skill behind it. I'm most afraid of following the trend and getting caught. This guy is quite steady. Instead of going all-in, he's diversified. Learned a lot. It's better to call it an adjustment, but honestly, it's betting on altcoins taking off one after another. ETH, SOL, these do have stories, but I'm still cautious and won't follow. A combination of moderate leverage + spot trading is indeed safer. Much better than my previous 40x all-in approach... On-chain big players are smarter than us. The places they turn to are often the next opportunities. Gotta copy their moves. Is this really the top? Why do I still feel a bit anxious? Honestly, it all depends on who can survive until the end of the bull market. Reallocating chips is just how it is.

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MetaNomad

· 22h ago

Whales are playing tricks again, cutting high-leverage BTC and shifting to a basket of altcoins. I've seen this move too many times; every time, the people who went in first suffer heavy losses while those who follow jump on board. Honestly, it's not that complicated—just risk management plus chasing hot topics. As retail investors, we need to watch our stop-losses carefully when copying others. SOL and SUI definitely have some potential this time, but don't be brainwashed by the narrative. They cut BTC with 40x leverage directly—are the whales really scared, or are they just changing their approach? Same meaning, different method. A moderate leverage + spot trading combo sounds stable, but when the market goes crazy, no one can escape. Don't deceive yourself. Is it reliable that liquidity is shifting to altcoins, or is it just another scheme to cut the leeks? Whales are happy with a floating profit of 65,000, but come on—this amount of money means nothing to them.

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ApeDegen

· 22h ago

This move by the whales looks pretty clever, but I still think there's some risk, after all, altcoins are more volatile.

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Degen4Breakfast

· 22h ago

I understand this move by the whales; they just don't want to be liquidated and wiped out.

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retroactive_airdrop

· 22h ago

I understand this wave of whale operations; it's the flavor of conservative arbitrage. Hurry up and follow, SOL didn't run this time. Cutting BTC with high leverage was really wise; the altcoin rotation has begun. This whale is much more sensible than retail investors haha. Liquidity is shifting to the ecosystem leaders, it should have been like this a long time ago. Medium leverage + spot trading is the right way; stop going all-in. On-chain data is more accurate than listening to big V's words, and the facts prove it.

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