Whale Closes Short Positions, Bets Over $351M on BTC, ETH, and SOL Longs

Whale Shifts Gears: Closing Shorts and Opening Big Longs

According to Onchain Lens data dated January 14, a crypto whale that previously sold off 255 BTC has fully closed all its short positions and is now making a strong move into long exposure.

The whale has opened massive leveraged long positions on BTC, ETH, SOL, and FARTCOIN, signaling a significant bullish bet on the market's short-term trajectory.

Detailed Breakdown of Long Positions

The total value of these leveraged longs currently stands at approximately $351 million, with the following allocation:

• $209.69 million worth of BTC longs (2,151.75 BTC at 20x leverage);
• $100 million in ETH longs (29,823.51 ETH at 20x leverage);
• $39.07 million in SOL longs (265,236.44 SOL at 20x leverage);
• $2 million exposure to FARTCOIN (4.64 million coins at 10x leverage).

This aggressive position building demonstrates the whale's strong conviction in an imminent market rebound.