2026-01-08 08:25:01

The bullish and bearish forces in BTC have experienced a dramatic reversal. Remember the exaggerated situation a few days ago when the long-to-short ratio reached 400%? It has now dropped to 29.48%—what does this change indicate? Simply put, large investors have already completed their repositioning at high levels and are now collectively shorting.

The numbers are even more straightforward. The original 189 bullish whales are now "passive holders," with an average entry price of 92,066 USDT, holding positions worth 1.2 billion USDT, all in the red. The accumulated loss has reached 26.11 million USDT. On the other hand, the 330 bearish whales entered at an average cost of 97,411 USDT, currently with unrealized profits of up to 330 million USDT. That’s the gap.

Currently, BTC is quoted at 90,107, breaking through the critical bullish support level of 92,000, and the daily chart is testing whether the 90,000 mark can hold. In other words, the bulls are experiencing a "stampede"—once someone starts stop-lossing, it can trigger a chain reaction. Meanwhile, the bearish whales, having entered at a very favorable point (97,411 USDT), hold absolute pricing power.

What’s next? As long as the price cannot rebound above 92,066 (the bullish entry point), any upward movement will be seen by the bullish whales as a last chance to cut losses and escape, leading to secondary sell-offs. The 1.2 billion USDT trapped in positions will take time to digest, and this process won’t be smooth.

What to watch? How strong is the support in the 89,500–90,000 range? Before the unrealized losses among bulls turn into large-scale liquidations, it’s too early to shout "bottom."

BTC0.27%

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MevWhisperer

· 14h ago

Long whale trapped with 26 million, short sellers turn around and make 330 million, this is outrageous Tsk tsk, whether 89,500 breaks or not is crucial, and another rebound might get cut again 1.2 billion USD in trapped positions, really needs to be gradually digested This round of large account turnover, retail investors will once again be sacrificed If 92,000 cannot be reached again, the bulls are completely out of the game

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SighingCashier

· 01-10 15:38

This move by the big players is truly impressive; the $1.2 billion long liquidation trap is really a self-made pit. The shorts are now just waiting for the longs to admit defeat. If the 90,000 level can't hold, it's over. Can the 89,500 level hold? Feels uncertain. This is exactly why retail investors can't make money...

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LiquidityNinja

· 01-08 08:47

Damn, it's the same old whale manipulation routine, 189 bullish whales directly become "passive holders," this scene is too intense. Bearish 330 million floating profit vs. bullish 26 million loss, the gap is really huge. If 92066 can't hold, keep killing; this wave of liquidation probably isn't over yet. Wait, how long will it take to digest the $1.2 billion trapped orders? Feels like 89500 will be very difficult. Big players have already ambushed at 97411 long ago; if retail investors enter now, it's just feeding the fish, really. The rebound instantly turns into a meat-cutting machine; a second dump is really deadly, who can withstand this? No, why do big players always profit while small players lose? This game rule is just ridiculous. Why is the 92066 threshold so tough? No matter how it rebounds, it gets hammered back down. It seems we have to wait for the liquidation wave to truly arrive before there's a chance; entering now is just walking into a flying knife.

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FundingMartyr

· 01-08 08:46

Wow, all 189 whales are in the green. This is the fate of the bulls. The bears have a floating profit of 330 million, while the bulls are at a loss of 26 million. The gap is really huge. Once 92066 breaks, it's gone. Now it's just a matter of how many days 89500 can hold. Another feast of big players cutting the leeks. I bet it will crash again.

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GateUser-75ee51e7

· 01-08 08:40

Big players are really ruthless. They perfectly switch hands at high levels and immediately go short. This tactic is absolutely brilliant. The 189 long whale giants are now just ATM machines being trapped, while the shorters are holding 330 million in unrealized profits and acting arrogantly. --- Damn it, it's the same routine again. They dump at high levels and then perfectly turn around to go short. These big players are really good at playing. --- 1.2 billion in trapped orders, second round of dumping—just thinking about it gives me a headache. Whether 89500 can hold is the real question. --- So, retail investors are still debating whether the rebound can be a good entry point, but the whale giants have already collected all your chips and turned to short. This is what we call a dimensionality reduction attack. --- Looking at these numbers, it's truly despairing. The short whale with 330 million unrealized profit vs. the long whale with a 26 million loss— the gap is enormous. --- Rebounds are always traps. If 92066 can't hold, it’s just more dumping. These big players are playing retail investors like a fiddle. --- Can 89500-90000 hold? Honestly, right now, this support looks shaky. When the longs turn to liquidation with floating losses, it’s really going to collapse.

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BankruptWorker

· 01-08 08:33

Damn, are all the bullish whales now lying flat and losing money? This trading is really tough. The short side has a floating profit of 330 million? The gap is so big, I, as a retail investor, really have no chance. Can hold at 89500? That's the key, or it will keep crashing down. 1.2 billion in trapped orders, just thinking about it makes me hurt. When will it be fully absorbed? The bullish dead line has been broken, now it depends on whether anyone dares to take the buy-in. Rebound and cut losses—that's a pretty ruthless rhythm. Wait, there's no bottom formation this time, so why am I still holding? Once the stampede effect starts, it can't be stopped. Have you seen it? Big players really hold the game rules; we are just the ones being cut. If 92066 doesn't come back, then just keep going down. No suspense.

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