A major investor recently adjusted their position strategy, establishing a sizable short position on mainstream cryptocurrencies. Specifically, the short position in BTC reached $87.68 million, Ethereum shorted $55.48 million, and SOL shorted $27.53 million. Interestingly, the institution also allocated $14,000 in long positions on SUI. The overall short exposure has exceeded $170 million. What market signals does this move convey? From the position structure, large investors are cautious about mainstream cryptocurrencies in the short term but remain optimistic about the emerging public chain SUI.

BTC-0.15%
ETH-1.81%
SOL1.48%
SUI-0.42%
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GasWranglervip
· 01-05 06:49
honestly that 1.4M on SUI move screams desperation more than conviction tbh... if you actually analyze the data, those short positions are demonstrably hedging against their own bagholding. the math just doesn't add up.
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StrawberryIcevip
· 01-05 04:50
This big player is betting on a short position. 170 million short orders sound a bit aggressive, but with only that much SUI longs, how do they hedge... I find the logic a bit hard to understand.
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SmartMoneyWalletvip
· 01-05 04:37
The short position of 170 million USD, this trading method is indeed interesting. The distribution of BTC and ETH chips clearly shows a reverse operation, the real intention is not just about the market. --- SUI only 14,000? This long exposure is simply disproportionate, it looks like a smoke screen no matter how you look at it. --- Just look at the capital flow, the whales are clearly betting on a market downturn. The short exposure exceeds 1.7 billion, this pace is indeed fierce. --- Cautious attitude in the short term? I think they are waiting for a certain technical level to break, haven’t on-chain data caught up yet? --- I’m a bit curious to see how this institution will close their position later. With this scale, a reversal could trigger a huge liquidity shock. --- The trading approach is a standard risk diversification, but the bets on SUI seem a bit casual. --- The 170 million USD short position compared to 87.68 million BTC, I think this allocation is a bit too aggressive. --- After all this, it’s still a game of capital, retail investors follow the trend and that’s it, this routine never changes.
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GhostAddressMinervip
· 01-05 04:36
1.7 billion USD short position? The on-chain footprint is too obvious. I've reviewed the transfer trail of this fund over a dozen times; there must be a purpose behind it. --- The $14,000 long position on SUI is really ironic, clearly a smoke screen... Major players are playing it this way. --- It's suspicious. Why are all mainstream coins completely shorted? I need to continue tracking on-chain addresses to follow this fund's downward movement. --- BTC shorted 87 million? Has the contract loophole not been exposed yet? I need to dig into this original address. --- Here we go again? Be cautious in the short term but optimistic about new coins in the long run. Every time it's the same story, and what are the results? --- Sleeping wallets are waking up, abnormal trading patterns are becoming more aggressive. What chess game are these big players playing?
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PositionPhobiavip
· 01-05 04:32
170 million short positions, betting that Bitcoin will drop. I'm a bit scared. SUI's over 14,000 longs are not enough to watch; it's really about "hedging fear." All mainstream coins are short, indicating that the bottom is still unseen. I'm also panicking. What does this move indicate? It shows that even big players lack confidence and are betting on the opposite direction. Such aggressive short positions—are they trying to scare retail investors? It feels like the market is really about to change. My holdings are trembling even more.
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