Big whale closes BTC position and turns to a short, ETH position with a floating loss of $280,000

OnChainDetective · 2026-01-13T03:32:10+00:00

【Chain Wen】A well-known trading whale just closed their BTC long position, earning $5,300 from this move. However, they immediately entered a short position, currently holding 11,694.63 ETH shorts with 14x leverage, with an average entry price around $3,088.64. The market has been a bit unlucky these past two days, and this position is now showing a floating loss of $280,000. From the long-to-short switch, it's clear that this whale has a different outlook on the market, but the risks under high leverage are indeed significant.

OnChainDetective

2026-01-13 03:32:10

【链文】有个知名的交易大户刚平掉了BTC多单头寸，这一波操作赚了0.53万美元。不过转身就进场做空，目前以14倍杠杆持有11694.63枚ETH空单，建仓均价在3088.64美元附近。只是行情这两天有点不走运，当前这个头寸已经浮亏28万美元了。从多转空的操作来看，这位鲸鱼显然对后市有不同看法，不过高杠杆下的风险也确实不小。

BTC-0,14%

ETH-0,73%

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TokenAlchemist

· 2h ago

lmao 14x leverage on ETH shorts? that's not alpha, that's just liquidation cascade waiting to happen. dude made 5.3k on BTC and immediately yolo'd into negative expected value territory... inefficiency vector much?

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LiquiditySurfer

· 2h ago

This whale, after earning over 5,000, threw in another 280,000... really has grown its appetite. Using 14x leverage to short ETH, the market just bounces back a little and it explodes. The wave pattern chosen for this surf is not very good.

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UnruggableChad

· 2h ago

14x leverage short ETH with a floating loss of 280,000? This guy's really bold, isn't he afraid of being wiped out by a pullback?

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