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🚨 On-Chain Alert: In the past hour, whales have collectively "sold to close longs." Longs, please fasten your seatbelts!
By real-time tracking of large on-chain order data, in the past 60 minutes, whale addresses have shown intensive sell-to-close long operations, and the long-short game has suddenly shifted.
The main data summary is as follows (unit: ten thousand USD):
BTC
· Sell to close longs: $175.88, $121.95, $3452.73, $193.85, $120.95, $2155.79, $162.38, $268.49
· Sell to open shorts: $1129.66, $324.64, $107.48
Other cryptocurrencies
· HYPE: Buy to open long $103.58 / $145.05; Sell to close long $612.07
· SUI: Sell to open short $124.22
· SOL: Sell to close long $286.72, $477.94
· XRP: Sell to close long $146.78
Key conclusions:
✅ The total amount whales have sold to close longs far exceeds the amount of longs opened, with the BTC single currency long close scale exceeding $65 million.
✅ Some funds are simultaneously selling to open shorts, indicating a spreading bearish sentiment.
✅ Only a few currencies (such as HYPE) show small attempts to open longs, but they are quickly covered by closing positions.
📉 The longs need to be extremely cautious: current on-chain structure shows that large funds are actively exiting or shifting to shorts. If no new buying support forms in the short term, the market may face further downside risk.
Recommendation: Reduce leverage, control positions, and avoid blindly chasing highs. Wait and watch for on-chain stabilization signals before taking action.
$ETH