A whale address recently opened short positions on both BTC and ETH, with 50 BTC and 1500 ETH respectively, worth nearly $9 million. Using 20x leverage, this indicates their view on a short-term correction in the market. This move is worth noting, as large traders' position changes often reflect market sentiment.
A mysterious trading address has attracted attention for its quick position adjustments. On January 23, the address closed nearly 1912 ETH shorts, bought nearly 1990 ETH, and significantly increased its BTC long position to $66.83 million. This reflects its flexible and decisive trading style, and the market is closely watching its movements.
This whale is really throwing a tantrum. First calming down and then rebuilding, and now going all-in on BTC. Is it trying to buy the dip or challenging the market...