Here we go again! The big whale is shorting BTC and ETH once more. What does the $50 million leveraged position indicate?

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【Crypto World】 Interestingly, the whale that once sold 255 Bitcoins has recently made another move. This time, it chose a more aggressive approach—opening a 10x leveraged short position on Bitcoin and a 15x leveraged short position on Ethereum.

Currently, this whale’s total holdings have exceeded $50 million. What does this mean? From the position allocation, it appears quite pessimistic about the short-term trend of the two main cryptocurrencies. Especially with a larger bet on Ethereum (15x vs. 10x), it suggests a stronger conviction to short ETH.

It is worth noting that such large leveraged positions often serve as signals during critical market moments. Once they hit the liquidation level, they could trigger chain liquidations, further impacting the overall trend. Traders should closely monitor the movements of these whales, as their position changes often indicate potential sharp market volatility.

BTC1.51%
ETH1.14%
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notSatoshi1971vip
· 9h ago
Whales are starting to play tricks again, and this time the move is so aggressive... Wait, 15x leverage ETH short? This guy isn't afraid of liquidation. Honestly, once such large positions trigger liquidation, retail investors like us will probably be the ones to get sacrificed. Let's observe and not rush to follow the trend. This is why exchanges are called meat grinders—big players are playing chess on the board, while we are the ones getting cut below.
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GateUser-00be86fcvip
· 20h ago
Whales are causing trouble again. This time, they've truly gone all-in on the short side. Their courage is really impressive.
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WhaleShadowvip
· 20h ago
Here it comes again, this whale really can't stay idle. The short positions are so aggressive. Are they really going to crash the market? --- 15x leverage on ETH, is this guy really lacking confidence in Ethereum or just setting a trap? --- $50 million short... Sigh, if there's a sudden rebound and a margin call happens, the scene will be incredible. --- Whale shorting = market signal? I don't quite agree with this logic. Maybe they're just betting on volatility. --- It's this whale again. Last time they sold 255 BTC, now they're shorting again... Are they trying to hit the bottom? --- Monitoring whale movements, what's the use? This circle is just the result of retail investors following the trend. --- With such high leverage, the probability of hitting the liquidation line is quite high. It will be interesting to see a reverse explosion and wipeout.
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LiquidatedTwicevip
· 20h ago
Here we go again, this whale really can't sit still. Using 15x leverage to short ETH—are they trying to gamble their life?
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RetailTherapistvip
· 20h ago
Here we go again, this whale is really ruthless, short ETH by 15x? If it goes the other way, it's game over haha
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MidnightTradervip
· 20h ago
Here comes this whale again. Last time, they sold 255 BTC, now they're playing with 15x leverage to short ETH. They really have guts. Let's wait and see how they get liquidated. A $50 million position, really not afraid of missing out, brother. Is ETH about to cool off? I'm still waiting to buy the dip. If this whale closes their position, us small investors will be caught in a liquidation cascade again. So troublesome. The bearish momentum is so strong, it feels like the market is about to change... The key is who can accurately gauge their true intentions. Profits will be huge.
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bridge_anxietyvip
· 20h ago
This whale is causing trouble again, 15x short ETH? Are they really not afraid of getting proven wrong?
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