Whales significantly reduce ETH and SOL long positions, still holding DASH short positions as the largest holdings

【Blockchain Rhythm】On-chain data monitoring shows that on January 23rd, the whale address (0x94d37), which previously set the record for the “largest DASH short,” began a new round of position adjustment. This major holder has been continuously reducing their long positions in ETH and SOL.

Specifically, the whale currently maintains a strong stance with 15x leverage long positions in ETH, holding 84,005.745 ETH. The average entry price was $2,943.74, and the unrealized profit has already reached $2.31 million. In comparison, the long position in SOL is also significant—using 20x leverage to hold 534,596.6 SOL, with an average entry price of $127.63, and an unrealized profit of $680,000. Such position size and leverage multiples indicate this whale’s confidence in these two main chains.

It is worth noting that although the whale has reduced positions in ETH and SOL, its stance on DASH remains unchanged—it is still the largest holder of DASH short positions on trading platforms. The address has shorted 112,150.15 DASH with 5x leverage, seemingly cautious about the future trend of this coin. From the trend of reducing long positions and maintaining short positions, this major holder’s trading strategy appears to be quietly changing.