Whale's New Move: From Shorting 255 BTC to Over $200 Million Long Positions Across 5 Cryptocurrencies

NonFungibleDegen · 2026-01-12T03:12:13+00:00

A well-known trader recently opened a position in Zcash (ZEC) with 10x leverage, with unrealized gains reaching $14.69 million. His long positions include BTC, Ethereum, Solana, and XRP, reflecting a new market outlook. The market should pay attention to his holdings' movements.

NonFungibleDegen

2026-01-12 03:12:13

Abstract generation in progress

【Blockchain Rhythm】A well-known trader’s latest moves have attracted market attention. This veteran, who once made a splash in the trading circle by shorting 255 BTC, quietly built a position near $42,498 in Zcash (ZEC) recently, opening a 10x leveraged long position. Currently, unrealized gains have reached $14.69 million.

His complete long position layout is quite aggressive—1,331 BTC long at 20x leverage, totaling $122.84 million; 22,828 Ethereum also at 20x leverage, with a scale of $72.16 million; plus 232,187 Solana long at 20x, valued at $33.09 million; along with a newly opened 10x long in ZEC and a 20x long of 6,630,000 XRP ($13.93 million).

Shifting from a pure short seller to an aggressive long position builder, this trader’s strategic change may reflect a new market outlook. Currently, his total unrealized profit has risen to $14.69 million. This position combination demonstrates his confidence in mainstream cryptocurrencies and also reminds market participants to closely monitor the movements of large holdings.

BTC2,92%

ZEC1,27%

ETH6,05%

SOL2,52%

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FlatlineTrader

· 01-12 03:42

Wow, this guy went from Sky God to a long position? Using 20x leverage to play so big, if you make money, you make money; if you blow up, you blow up completely.

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ApeWithAPlan

· 01-12 03:42

Wow, is this guy really turning things around? Going from a big short seller to a bullish fanatic, opening a leverage position of over 200 million with just a snap, truly fearless.

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GovernancePretender

· 01-12 03:41

Is this guy really completely turning against the bears, or is he just trying to lure in the shorts? It feels a bit risky.

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MEVSandwichMaker

· 01-12 03:35

Bro, this 20x leverage long position is really insane, risking everything you have.

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MercilessHalal

· 01-12 03:30

Wow, this guy is really bold. Going all-in with 20x leverage, he's risking his entire fortune...

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fren.eth

· 01-12 03:23

This guy is really bold, switching directly from a short to a long position, and even using 20x leverage. He must be very optimistic about the market.

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