The crypto market is getting interesting as several large whale positions are making big moves.
🐋 BTC& $ETH Shorts Increase
A whale known as “先定10个大目标” has increased short positions on both Bitcoin and Ethereum.
The whale is currently holding around 1,830 BTC shorts worth nearly $139M and 12,756 ETH shorts worth around $30.25M. The reported stop-loss level is around $80,500 for Bitcoin.
🔥 $HYPE Short Faces Liquidation Risk
Another trader, loracle.hl, has reportedly lost more than $70M on $HYPE shorts over the past three months.
The trader currently holds around 685,744 $HYPE worth $54.88M, with the position facing liquidation if $HYPE reaches around $101.15
💰 Large ETH Position Partially Closed
A whale linked to Matrixport closed around 40,000 ETH worth $100.5M, reportedly securing about $9.9M in profit.
However, the whale still holds around 80,000 ETH worth $201M and 500 BTCworth $39M in long positions, with approximately $22.9M in unrealized profit.
⚠️ 2,300 BTC Sent to Binance
Around 2,300 BTC worth $179.7M was also transferred from an unknown wallet to Binance.
Large $BTC transfers to exchanges can sometimes indicate potential selling pressure, although they can also be related to liquidity management or other trading activity$BNB
