According to Hyperinsight data reported by COINOTAG News on December 29, a whale rotated from long to short exposure across major assets, signaling a tactical rebalancing in the crypto derivatives space. The move follows prior long-building in Bitcoin, Solana, and ZEC and emphasizes risk-off positioning amid shifting market dynamics.
In BTC, the short book sums to $47.8 million at 20x leverage, with an average entry near $88,959.50 and a floating loss of roughly $0.63 million, illustrating the leverage-driven sensitivity of current price action.
ETH accounts for a $32.56 million short at 18x leverage, with an entry around $3,000.61 and a floating loss of about $0.365 million. In SOL, a $10.68 million short at 20x leaves an entry price of $128.52 and a modest floating profit near $11,000.
Source: https://en.coinotag.com/breakingnews/bitcoin-btc-whale-flips-to-short-opening-47-8m-btc-20x-32-56m-eth-18x-and-10-68m-sol-20x-short-positions
