Whale repositioning trend: Bulls increase BTC holdings against the trend, short positions approaching $230 million

TokenSherpa · 2026-01-06T12:50:18+00:00

Recently, market fluctuations have drawn attention to the whale's rebalancing actions. On the bullish side, some players continue to increase their holdings in Bitcoin and Ethereum, remaining steadfast despite unrealized losses; on the bearish side, giant whales have increased their short positions and are facing unrealized losses. Market enthusiasm remains high.

TokenSherpa

2026-01-06 12:50:18

Abstract generation in progress

【Blockchain Rhythm】In the recent market fluctuations, the rebalancing actions of a few big whales are worth paying attention to.

From the bullish side, the seasoned player nicknamed “Lightning Counterattack” is still adding to their positions, continuously accumulating long positions in Bitcoin and Ethereum. Currently, the total scale has reached around $167 million. Although there is an unrealized loss of $680,000 on paper, their stance remains very firm. Another major player who has experienced market storms, James Wynn, has also been increasing their long positions in Bitcoin and PEPE. Their unrealized profit has already reached $820,000, indicating a bullish outlook on the market.

On the bearish side, the activity is even more intense. The whale who once sold 255 Bitcoin in one go has now increased their short positions to $225.8 million, but the unrealized loss has exceeded $6 million — the market has bitten back. There is also a main trader nicknamed “Shanzhai Air Force Leader,” who recently bet on LIT shorts, increasing their position to $14.1 million, making them the largest holder of LIT shorts on a certain trading platform.

From 10:00 to 20:00 on January 6th, over a 10-hour window, both bulls and bears are adjusting their lineups, and market enthusiasm remains quite high.

BTC-0,11%

ETH0,06%

PEPE-3,4%

LIT-13,74%

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WenMoon

· 01-08 17:58

The short position is currently holding a floating loss of 6 million and still stubbornly holding on. How much pressure does that take... But looking at the "Lightning Counterattack" still stacking up, it seems the bulls still have confidence.

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LiquidationTherapist

· 01-07 14:43

The bears are really crazy. Selling 255 Bitcoins resulted in a backlash of $6 million in unrealized losses... This is what you call karma coming a bit too quickly.

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CryptoSurvivor

· 01-07 12:56

The shorts are bleeding heavily, while the longs are still holding on stubbornly. Judging by this rhythm, it looks like a tug-of-war will continue... That big whale is floating with a loss of 6 million yet still dares to add positions. How tough must that mentality be?

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SchrodingerWallet

· 01-06 13:20

This short position is really about to collapse. Holding on with a floating loss of 6 million? I damn well trust the bullish guy's confident look more.

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SchrodingerAirdrop

· 01-06 13:20

The short squeeze this time is really fierce, with a trap of $230 million. This is a gamble against the market... That whale holding 255 Bitcoin is probably going to suffer a heavy loss.

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TopBuyerBottomSeller

· 01-06 13:10

This wave of short positions really hurts, with a floating loss of 6 million, directly discouraging me. The lightning-fast counterattack and even adding more positions is really holding on... I bet this bullish wave can turn the tide.

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AirdropChaser

· 01-06 13:09

The shorts have really been hammered, with a floating loss of 6 million haha. This is what you get when you're a gambler.

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BearMarketMonk

· 01-06 13:04

This short squeeze really underperformed. Still risking over 6 million in unrealized losses? The guy who quickly reversed his position is the one with true resolve—unfazed by the floating losses...

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SchrodingerAirdrop

· 01-06 13:01

The shorts really can't hold on anymore; a floating loss of 6 million and still adding positions. Is this out of frustration or genuine bearishness?

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MetaverseVagrant

· 01-06 12:58

The short squeeze is about to turn bloody, with that big whale floating at a loss of over $6 million. This is what you call a reverse indicator... The lightning quick counterattack was really fierce, throwing in $167 million forcefully. I can't learn to do that.

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