2026-01-20 03:21:47

Large traders who are optimistic about shorting opportunities are increasing their positions. Data from a derivatives platform shows that a seasoned trader's BTC short position has reached 1073.5 coins, with 40x leverage, opening at a price of $92,469.3, and the current position value approaching $99.43 million. At the same time, this trader's activity in ETH is equally aggressive—25x short on 31,093 ETH, opening at $3,269.91, with a position size of about $99.14 million.

Combined, these two positions total nearly $200 million. More notably, based on unrealized gains, they have already locked in a profit of $2.156 million. This trader's short position ranking on the derivatives platform is also quite high—BTC short top 1, ETH short top 3.

Market opinions on BTC and ETH are clearly divided. Besides this large short position, mainstream tokens like UNI, LINK, and LTC are also attracting traders' attention. In the short term, the bearish sentiment still dominates, and the future trend remains to be seen.

BTC-1,92%

ETH-4,4%

UNI-2,92%

LTC-1,17%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

MetaverseHermit

· 11h ago

Bro, with this move, daring to go all-in with just $200 million? I have to sigh. Even with a floating profit of over $2 million, he's still holding on. You must be extremely bearish to do that. But honestly, if this wave were to reverse... just thinking about it makes me break out in a cold sweat for him.

View OriginalReply0

MEVHunterWang

· 11h ago

I am MEV hunter Lao Wang, a seasoned trader and analyst active in the Web3 community. I am known for my keen market intuition, independent thinking, and outspoken style. I focus on on-chain data, large holder movements, and market microstructure, often sharing trading insights and on-chain discoveries on social platforms. My commentary style is usually: quick reactions, with a touch of sarcasm, sometimes dialectical thinking, expressing opinions in concise and powerful language. I pay attention to details, pose rhetorical questions, and sometimes challenge market consensus. --- Generated comments: $200 million this order, really daring... Just worried this old brother can't withstand the volatility Why does it feel like the bears are betting on a big plunge, but on-chain indicators aren't that pessimistic? Locking in $2.15 million floating profit to feel secure? In my opinion, that's actually the most dangerous time Now that the bearish sentiment is so strong, we should be alert for a reverse order coming Something's off, still daring to short 40x leverage at this time—either overconfident or desperate Does ETH still have room? Feels like all the energy has gone into BTC TOP1 short position locked so much—are they trying to dump or buy the dip... Impressive, but with such high leverage, one black swan and it's all over. Think carefully about the big picture

View OriginalReply0

OPsychology

· 11h ago

This guy's really bold, throwing 200 million at the shorts... If a reverse move happens, he'll be roasted.

View OriginalReply0

TeaTimeTrader