Whale 'Lightning Counter' Secures $1.31M Profit from ETH Short, Shifts Focus to BTC Long

According to Hyperinsight, on January 21, the well-known whale 'Lightning Counter' successfully closed its ETH short position, realizing a profit of $1.31 million. Not stopping there, the whale swiftly pivoted strategy and shifted focus to the Bitcoin (BTC) market.

Currently, the whale has leveraged 20x to establish a long position of 754.92 BTC, valued at approximately $67.27 million, with an average entry price of $89,848.3. Although the position is currently at a floating loss of $565,000, the whale continues to accumulate, signaling strong long-term bullish sentiment toward BTC.