Whale shift! A whale uses 40x leverage to short 56.68 BTC, revealing the logic behind the shift from long to short positions

ZkSnarker · 2026-01-20T05:06:11+00:00

A major trader shorted 56.68 BTC today with 40x leverage, involving approximately $5.21 million, indicating a strategic shift from bullish to bearish, possibly reflecting a reassessment of market direction. This move has attracted attention and may suggest a potential turning point in market sentiment.

ZkSnarker

2026-01-20 05:06:11

Abstract generation in progress

【BitPush】On-chain monitoring data shows that a large holder drew attention with a transaction at 12:54 PM today. This operation was significant—using 40x leverage to short 56.68 BTC, totaling approximately $5.21 million, with an entry average price around $92,045.3. Currently, the position shows a slight unrealized profit.

Digging into this trader’s historical records is quite interesting. His operations mainly focus on BTC, while also deploying popular tokens like SOL, WLD, ETH, and TRUMP. Interestingly, reviewing his trading history, this large holder has long maintained a predominantly bullish mindset—frequently betting on upward trends. But his recent shift is noteworthy, moving from net long to short positions, which may reflect a reassessment of the recent market direction.

This switch from long to short strategies often signals potential turning points in market sentiment or technical indicators. For traders paying attention to large holders’ movements, such data changes can indeed offer some useful insights.

BTC-4,54%

SOL-5,8%

WLD-7,71%

ETH-7,86%

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quietly_staking

· 2h ago

40x leverage? This guy really dares to play, going from long to short, seems like he's sniffing out some market trend... --- Big players turning to short, this signal is clear enough, but whether the price can hold at 92,000 is the real key. --- Is this another story of a long being slapped in the face and preparing to buy the dip? Or is it really bearish? Anyway, I’ll just wait and see. --- Shorting 56 BTC with 40x leverage? That’s really pessimistic. Either he's a genius or a fool. --- Switching from long to short, this kind of strategy flip is most likely to trigger stop-losses... retail investors, better not follow the trend. --- Just a small floating profit and already bragging? Let’s wait until his position blows up before we talk about conscience.

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UncleWhale

· 18h ago

40x leverage? Brother, isn't this gambling... But this guy switching from long to short definitely needs to be cautious, maybe he's really sniffed out something. The big players turning around either saw something we didn't see or are just throwing a tantrum. With a move of 56.68 BTC... we need to keep an eye on it. Want to ask how long this $5.2 million unrealized profit can hold out, leverage really tests your mentality. Longs suddenly switching to shorts after so long, honestly, I'm a bit panicked. If this rhythm goes wrong, it might be a prelude to a dump? Let's wait and see.

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RektButStillHere

· 18h ago

Playing with 40x leverage like this is truly incredible... This guy either saw something we didn't, or he's just acting out of spite with a reverse move.

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MissingSats

· 18h ago

Playing with 40x leverage so aggressively, this guy really isn't afraid of liquidation. Long to short? Feels like things have been a bit shaky lately; let's see what the charts say. If this wave is really a top signal, it's outrageous. What about those who were bullish before? Shorting 56 Bitcoin—such a move could really make an impact.

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