Whale Position Shakeup: ZEC Adds $17.6M Longs, Former BTC Bears Have Turned Bullish

NullWhisperer · 2026-01-12T02:40:12+00:00

A well-known trading whale has frequently adjusted their strategy over the past week, with total holdings shrinking from $309 million to $258 million. Recently, they made a large purchase of ZEC, earning significant profits, shifting their stance from bearish to bullish, reflecting a reassessment of the market.

NullWhisperer

2026-01-12 02:40:12

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【Chain News】According to on-chain data tracking, a well-known trading whale “Strategy Counterparty” has been frequently adjusting strategies over the past week. The total position has shrunk from $309 million on January 9th to the latest $258 million.

The latest development is that this whale made a new move just 1 hour ago—large-scale accumulation of ZEC, locking in 42,498.49 coins, worth approximately $17.6 million. Currently, his account also holds long positions in BTC, ETH, SOL, and XRP.

In terms of profit, this whale earned about $5.3 million in a single day, and over the past month, he has gained $14 million in profit. Considering his account total just exceeded $35 million, this means many positions have already doubled.

What’s even more interesting is this individual’s change in style. Since opening the account in December last year, he initially aggressively shorted BTC on-chain, once becoming the largest BTC short seller. But last week, he suddenly changed course, turning from completely bearish to bullish—this 180-degree attitude shift perhaps hints at his new outlook on the market.

ZEC2,09%

BTC3,06%

ETH4,92%

SOL1,35%

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Frontrunner

· 10h ago

Wow, this guy really switched sides. From holding only BTC to now all longs? This counter-move is impressive.

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ponzi_poet

· 01-12 03:10

Wow, this guy suddenly changed his attitude. Switching from a BTC bear to a bull, that's impressive.

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LightningLady

· 01-12 03:03

This whale has changed direction. Those who previously held empty BTC, why are they changing their tune now? Truly impressive!

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TommyTeacher1

· 01-12 03:01

Damn, this guy switched from the Air Force to a long position? 14 million profit in a month. I'm still in the red here, haha.

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GateUser-afe07a92

· 01-12 02:49

Bro, your move is really outrageous. Saying $5.3 million in a day is like just talking about eating... Is this ZEC about to bottom out or are you really optimistic? Feels like this whale is playing with fire. Switching from BTC short to long? Luckily this guy switched quickly, or last year's wave would have liquidated him. Total position shrank by $50 million but still making money. This account management skill is truly amazing. Wait, eating up 42,498 ZEC in one go—are you trying to manipulate the market or do you really have confidence?

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