Whale "255 BTC Sold" Closes Long Position on Major Coins, Short-Squeezed for a Loss of $16.14M, Now Reopens ETH and BTC Longs

By: theblockbeats.news|2026/01/19 02:30:13

BlockBeats News, January 19, the whale's "255 BTC Sold" address has completely closed its ETH, BTC, and SOL long positions, and briefly went short, eventually exiting with a loss of about $16.14 million.

Subsequently, the whale switched back to a long position, opening new ETH (15x) and BTC (20x) long positions, while still holding a DOGE (10x) long position and a DASH (5x) short position, with an overall position size of about $60 million.

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