Recently, it has been observed that whales on a major exchange are significantly closing their Bitcoin long positions. This phenomenon is not unfamiliar; the last time a similar situation occurred, Bitcoin surged 50% in 43 days, jumping from $74k to a new high of $112k.
Many people misunderstand what whales are doing — closing positions is not a sign of exiting the market; quite the opposite. It is an action of distributing chips, and after that, they reload. In other words, these big players are preparing for the next round of the market.
The signals are right here. Most retail investors will miss the opportunity long before they realize what’s happening.
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DeepRabbitHole
· 23h ago
Here comes the whale's argument again. Well... I believe it, but this time, could it be just another excuse for the new bagholders to take the fall?
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CryptoMom
· 23h ago
Coming back with this again? I bought when I heard this last time, and ended up being stuck for three months. I'm still at a loss now.
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LongTermDreamer
· 23h ago
Here we go again, do whales have to close their positions for the price to go up? How are those who said this last time doing now...
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Doubling in 43 days sounds easy, but why not mention the three-month decline from 43 days ago?
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Distributing chips and loading bullets, it sounds like a story. I just want to know how to tell whether they are distributing or running.
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Signals? Bro, all I see are noise. When the screen is full of this kind of rhetoric, that's when it's the most dangerous.
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This logic still holds when viewed over a three-year cycle. Anyway, I'm not in a hurry, just treat it as a done deal.
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Wait, if whales are really preparing for the next round, why was my stop-loss order still smashed through?
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Alright, I choose to believe. Anyway, I've already lost money before, so this time isn't a big deal.
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Waiting for a reverse operation. Whales also need to cut the leeks like us to load bullets, right?
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SillyWhale
· 23h ago
Here we go again? Last time, everyone believed this logic too, and what happened?
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Whale closing positions = preparing for a surge, this logic makes my scalp tingle
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Doubling in 43 days sounds like a story, don’t mistake survivor bias for a pattern
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Got it, so following the whales to buy can make you a guaranteed winner, why do so many whales get trapped in the end?
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Signal? Ha, the signals retail investors see are always after the fact
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Every time they say they’ll unload chips and then reload, but I’ve never seen it actually happen
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HodlOrRegret
· 23h ago
Closing a position is like reloading, I've heard this logic countless times haha
It's both a signal and an opportunity, but it always feels like armchair strategizing after the fact
Wait, is this really it? Or are we about to get cut again
Where's the promised 43-day surge? I'm still in the process of bottom-fishing
This whale's moves are indeed suspicious, but retail traders following the trend—what can they do... still just HODL
Recently, it has been observed that whales on a major exchange are significantly closing their Bitcoin long positions. This phenomenon is not unfamiliar; the last time a similar situation occurred, Bitcoin surged 50% in 43 days, jumping from $74k to a new high of $112k.
Many people misunderstand what whales are doing — closing positions is not a sign of exiting the market; quite the opposite. It is an action of distributing chips, and after that, they reload. In other words, these big players are preparing for the next round of the market.
The signals are right here. Most retail investors will miss the opportunity long before they realize what’s happening.