On-Chain Bear Whale Bets Big: Adds 18 Positions with Holdings Exceeding $66 Million

On January 8, data from Coinbob's popular address monitoring platform revealed that a whale address starting with 0xfc66 has been continuously building short market positions on-chain, accumulating 18 stock-related short positions recently.

Core Stock Short Positions

The account primarily focused on three major tech companies:

• Tesla (TSLA): $560,000 short position, average opening price at $437, current floating profit of 5%
• Micron Technology (MU): $480,000 short position, average opening price at $440, current floating profit of 2%
• MicroStrategy (MSTR): $470,000 short position, average opening price at $164, current floating profit of 7.2%

Notably, the $450,000 short position in Palantir (PLTR) is currently in a floating loss state, with an average opening price at $181 and current losses at 5.5%.

Crypto Asset Short Exposure

The account also maintains high-leverage short positions in crypto assets, primarily ETH, BTC, and SOL, with a total value reaching $45.64 million. Its overall floating profit currently stands at approximately $1.3 million, demonstrating strong market foresight.