A whale that previously sold 255 BTC is currently holding multiple high-leverage positions. The whale's asset status has shifted from a profit of $5.5 million to a loss of $2.5 million, facing extremely high risk pressure.

Position Evolution:

This whale initially sold 255 BTC around December 19, 2025, and then began opening short positions on the Hyperliquid platform. Its positions gradually increased:

• December 29: Reopened a BTC short (10x leverage), approximately 409.58 BTC, worth $36 million.

• December 30: Increased BTC short and opened new ETH (10x leverage) and SOL (20x leverage) shorts, expanding total holdings.

• January 4: Further increased BTC (10x) and ETH (15x) positions, holding 751.38 BTC (about $68.67 million) and 12,909.15 ETH (about $40.79 million), with a total value of $109 million, and floating losses exceeding $1.8 million.

• January 5: Continued adding positions, including a SOL short (20x) and a small SUI long (10x), with total holdings reaching $170 million, including 959.36 BTC ($87.68 million), 17,669.478 ETH ($55.48 million), and 205,658 SOL ($27.53 million), with floating losses over $1.5 million.

• January 6: Positions expanded to about $225.8 million, including shorts on BTC, ETH, SOL, and SUI. Floating losses exceeded $6 million, and the entire account shifted from a profit of $7.7 million to a loss of $1.7 million.

Latest update (January 7): Floating losses further increased to over $7 million, with new positions in XRP and STBL.

Previously, this whale closed some shorts (BTC, AAVE, and SOL) on December 26, realizing a profit of $1.13 million. Additionally, it briefly opened a TRUMP short (10x leverage) on December 30 but did not maintain the position.

#巨鲸 #BTC short #contracts