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Whale large-scale operation: Closed 136 BTC with 40x leverage and switched to shorting, current unrealized profit
【Blockchain Rhythm】Something interesting has happened. On the afternoon of January 8th, a large whale’s trading activity drew attention.
First, at 13:27, this trader decisively closed a 40x leveraged long position of 136 BTC (equivalent to $12.4 million), but ultimately lost $22,000 at settlement. It seems the long bet did not go as planned.
An interesting turn of events followed — right after closing the long, they switched to a short position. Still using 40x leverage, but this time betting on a decline, with a short position of 80 BTC (about $7.26 million), with an average entry price around $90,997.7.
So far, this short trade has already yielded some gains, showing a small floating profit. Market sentiment at this moment appears to be a bit delicate.