Whale's Massive Short Signals Market Downturn
According to Hyperinsight tracking data, on January 20 at 12:54, a crypto whale shorted approximately 56.68 BTC using 40x leverage, valued at around $5.21 million. The average entry price was $92,045.3, and the position is currently showing small profits, indicating a sharp market insight.
Strategy Shift: Moving from Long to Short
Historically, this whale focused heavily on Bitcoin trading and also invested in tokens such as SOL, WLD, ETH, and TRUMP. Previously, the strategy leaned towards long positions, but recent moves reveal a clear pivot to bearish trading, suggesting growing caution about the current market conditions.
- Entry Time: January 20, 12:54
- Leverage Used: 40x
- Shorted Amount: 56.68 BTC
- Average Price: $92,045.3
- Current Status: Small unrealized profit
This whale’s activity is worth monitoring, especially amid rising market volatility, as it may offer insights into potential future price movements.