According to blockchain monitoring data released on January 13, the well-known whale address (0x94d) has once again aggressively increased its long positions in major cryptocurrencies including ETH, BTC, and SOL. The data shows that within one hour, the address added over $10 million in new positions, bringing the total holdings to approximately $233 million.
Full Exit from Shorts Before Reversing Position
Notably, earlier the same day, this address completely closed all its existing short positions in ETH, BTC, and SOL before immediately opening new long positions, indicating a significant shift in its market outlook.
Detailed Breakdown of Long Positions
The latest data reveals the following position structure:
- BTC Longs: Position size approximately $156 million, average entry price $92,081.4, current price $92,410, unrealized profit of about $557,600;
- SOL Longs: Position size approximately $50.34 million, average entry price $140.998, current price $141.84, unrealized profit of about $298,800;
- ETH Longs: Position size approximately $14.37 million, average entry price $3,130.55, current price $3,140.4, unrealized profit of about $45,100;
- HYPE Longs: Position size approximately $1.03 million, average entry price $23.9207, current price $24.64, unrealized profit of about $30,100.
"Market Contrarian" Demonstrates Strategic Precision
Since December 2023, this address has consistently maintained bearish positions on major cryptocurrencies like BTC and ETH, directly opposing the accumulation strategy of MicroStrategy. This pattern has earned it the market nickname of the "on-chain contrarian." Recently, the address has executed several large-scale position reversals, each time involving hundreds of millions of dollars in crypto assets, demonstrating exceptional market timing capabilities.