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Whale quickly switches between long and short positions, shorting 211 BTC with 20x leverage
【Blockchain Rhythm】On-chain data shows that at noon on January 23, an old whale with a “quick turn” strategy moved again. This wallet address, known for frequently switching between long and short positions, opened a short position of 211.71 BTC at 12:31 with 20x leverage, with an average entry price around $89,845.
From the current position, this short is slightly floating in loss. However, this doesn’t seem to be a major concern for the whale—its trading style has always been quick in and out. Closing one position and immediately opening a large position in the opposite direction has become its “daily routine.” The reason behind this aggressive long-short switching—whether based on market judgment or purely short-term trading strategies—deserves the attention of market participants.
This guy is really a master of quick in and out, not panicking even with floating losses. There's something to him.
Is he switching strategies again? The rhythm of this whale is really hard to describe.
Open a short position at 89845? I just want to see how it ends.
Holding floating losses so calmly, much better than me.
What is this guy thinking, playing with 20x leverage so skillfully?
The position is losing but he still doesn't close it. Is he waiting for a reverse surge?
This whale has got me a bit confused. Is he a master or a gambler?
A 20x short, his heart must be really big.
Closing a position and immediately opening a reverse position. The rhythm is so fast it's almost unbelievable.
They're switching directions so quickly again; this guy hasn't stayed stable for even a second. I can't keep up with their rhythm.
They don't even care about floating losses? Is this the mentality of big players? Ordinary people like us simply can't understand.
Is there some insider information or is it just pure gambler psychology? I wish an expert could interpret this.
Looking at the frequency of these operations, it feels like they're just harvesting trading fees, haha, it's hilarious.
Opening a short with over 210 BTC at 20x leverage—what kind of confidence is that? So exciting.
With such frequent switching, aren't they afraid of being sniped? I just can't understand this kind of operational logic.
He's changing direction again, this guy has never been stable.
Not afraid of floating losses, this is the true gambler's mentality.
Built a position at 89845... I bet this wave will be eaten up.
Quick in and out is indeed exciting, just worried about not being able to get out one day.
This trading style feels like betting on market sentiment rather than fundamentals.
What are the whales doing? Should we follow and learn? Don't be silly, most likely getting liquidated.
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Opening a short with 20x leverage on 211... This guy just loves to play with fire.
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Quick in and out, sounds very exciting. As a small retail investor, I can only watch and envy.
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Can you stay so calm despite floating losses? There’s definitely something there, or maybe this guy is just addicted to trading.
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Can this short position turn around? The level he’s betting on seems interesting.
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Playing with 20x leverage, they’re all wolves. This whale’s vision is really broad.
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Another long-short switch... This rhythm is truly incredible; ordinary people can’t learn it.
This whale's game is all about quick reversals, sometimes long, sometimes short. Can it really make money?
Building a position at 89845? Just wait to be proven wrong. This bullish wave must reverse soon.
20x leverage? That's really bold. If you lose, you'll be liquidated directly. Don't get caught in a trap.
This rhythm... if you keep doing it this way, you'll eventually hit a snag.
This guy probably treats the exchange like a slot machine. Quick in and out—if this strategy can make money, I really don't understand.
Again switching strategies, using large leverage—either he's really gambling or he's truly understood something, but I bet five bucks it's the former.
211 Bitcoin leverage—what kind of mental toughness does it take to operate like that?
Seeing floating losses but remaining steady—either he's crazy or he's got some real skills.