Whale Movements: BTC Take-Profit and Reducing Positions VS ETH Deep Losses, What Does the Leverage Play Indicate

GasFeeLady · 2026-01-12T03:12:10+00:00

A well-known whale wallet is gradually reducing its position in BTC with 20x leverage, currently holding 11.8927 BTC with an unrealized profit of $17,000; meanwhile, it is shorting 11366.46 ETH with 14x leverage, with an unrealized loss of $949,000, reflecting different investment strategies and market expectations.

GasFeeLady

2026-01-12 03:12:10

Abstract generation in progress

【Chain News】On-chain data has captured a noteworthy trend. The well-known whale wallet starting with 0x50b3 has recently adjusted its long position in BTC—although still holding the position, it is clearly taking profits and reducing holdings in batches. Currently, it is using 20x leverage to long 11.8927 BTC, a position worth approximately $1.09 million, with an unrealized profit of $17,000.

Interestingly, the same whale’s operations on ETH are completely opposite. It is shorting 11,366.46 ETH with 14x leverage, with an entry average price of $3,073.66, but this short position is now showing an unrealized loss of $949,000—indicating that ETH’s price increase has far exceeded its expectations. This kind of contrasting operation is quite typical—one side steadily profits while the other endures a pullback.

BTC0,79%

ETH-0,31%

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WalletWhisperer

· 18h ago

ngl, this whale's playing both sides but only one's paying rent... btc long printing while eth short drowning in red, classic misjudgment on the alts. the pattern's telling tho—knows when to fold em, doesn't know when to hold em. 94.9k drawdown screams desperation, that 14x leverage on eth was pure hubris. interesting how the data reads like a confession, innit.

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DeepRabbitHole

· 18h ago

Whale's move this time is quite interesting. BTC profits steadily but didn't dare to add positions, while ETH short positions suffered a heavy loss of 949,000... What does this indicate? Even big funds are uncertain, let alone us retail investors.

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BlockchainGriller

· 18h ago

This move by the whales is truly interesting. BTC profits steadily and then exits, while ETH short positions are directly blown past 940,000... This is the power of leverage.

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BrokeBeans

· 18h ago

Bankrupt DouDou, this whale is playing with fire. I can understand BTC's steady profit-taking, but ETH's short position is almost a million in unrealized loss and still hasn't been closed... This guy really has a big gambling spirit.

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