Whale movements: Large holders simultaneously short BTC and ETH, with individual positions exceeding $50 million

2026-01-03 07:50:17

【Blockchain Rhythm】Interestingly, on-chain data shows that a major whale has recently taken new action. This whale once bought 255 BTC in a single transaction on HyperLiquid and immediately sold, demonstrating a very decisive approach. On January 3rd, this whale made another move—opening a 10x leveraged short position on BTC and a 15x leveraged short on ETH. Currently, the combined nominal value of this whale’s holdings has surpassed $50 million. It seems that this major player has a clear view of the current market.

BTC3,65%

ETH3,03%

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DaoResearcher

· 01-03 10:20

According to on-chain data, the operational logic of this whale is worth a deep dive—shorting both BTC and ETH. From a tokenomics perspective, there must be a clear market hypothesis supporting this. However, speaking of which, a nominal holding of $50 million in this kind of volatility is indeed a risky exposure. What are the assumptions behind this?

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LuckyHashValue

· 01-03 08:18

This whale is really ruthless, simultaneously smashing two shorts, pushing 50 million USD just like that. If it's not gambling, then it's truly bearish.

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StablecoinGuardian

· 01-03 08:15

This whale is really bold, going all-in on two tokens at the same time... But with a volume of 50 million USD, it would be pretty bloody if it gets liquidated.

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airdrop_huntress

· 01-03 08:05

This whale is really ruthless, smashing 50 million in short positions all at once... Either this guy saw something clearly, or this is just gambling.

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