Whale's Lightning Move: 20x Short on BTC with Floating Loss, High-Frequency Trading as Usual

High-Frequency Whale Reemerges with Market Play

Monitoring data from HyperInsight revealed that on January 23 at 12:31 PM, the mysterious whale address tagged 'Lightning Reverse' executed another major trade - shorting 211.71 BTC with 20x leverage.

This operation was initiated at an average price of $89,845 per BTC, currently showing a modest floating loss while maintaining significant market influence.

Rapid Position Reversals Define Strategy

Notably, this address demonstrates a distinctive trading pattern characterized by immediate position reversal after each liquidation.

• Single trades often exceed tens of millions in USD value
• Regular use of high leverage ratios
• Position holding periods measured in minutes

These rapid-fire hedging maneuvers suggest strong algorithmic trading capabilities and growing market impact capabilities.