Hundred-million-level whales increase short positions: BTC, ETH, SOL all shorted with up to 20x leverage

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【Chain News】A whale with a leading position continues to increase its short positions. According to on-chain data, this major holder who previously sold 255 BTC has recently taken quite aggressive actions — not only adding to their BTC short positions (10x leverage) but also opening new short positions on ETH and SOL.

Just looking at the current holdings size reveals the real money involved: the total market value has dropped to around $169 million. ETH makes up the majority, with 36,281 tokens valued at $106.5 million; BTC holdings are 552.25 coins, worth $48.16 million; SOL holdings are 114,677.21 tokens, valued at $14.13 million.

Notably, both ETH and SOL are leveraged at 10x and 20x respectively. This level of risk is already quite high, indicating that this whale is quite firm in its bearish outlook on the subsequent market trend.

BTC1.66%
ETH2.80%
SOL0.33%
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