Whale movements today: Bulls cut losses and reduce positions, bears increase positions betting on a decline

【BlockBeats】According to on-chain monitoring data, there was a clear divergence in whale rebalancing activities during the daytime on January 7th (10:00-20:00).

On the bullish side, some are definitely happy while others are worried. A hardcore long player directly cut losses, with a BTC long position losing $1.689 million and a SOL long losing $163,000. It seems they have decided to accept the loss and exit.

However, some took the opportunity to aggressively attack—one whale made $96.67 million through ETH swing trading and then decided to switch to the futures market, directly using 20x leverage to go long 980 BTC, a position worth $90.87 million, showing a strong confidence in Bitcoin’s continued upward movement.

Another whale is quite interesting. They previously held a BTC long position for 53 days but ultimately cut losses, losing $588,000. After stopping out, they did not go long again but instead reversed and shorted 139.62 BTC (about $12.94 million) with 3x leverage. This contrarian move is definitely worth noting.

On the short side, one whale chose to take profits, closing a BTC short position with a profit of $128,000, and is now holding a flat position, observing the market.

The most eye-catching is the “Shanzhai Air Force Leader,” who significantly increased their BTC short position. Currently, their account has short positions accounting for 90% of assets, with a total asset scale of about $28 million. This is a very strong bearish signal.

Overall, longs are cutting losses while shorts are increasing, and the market sentiment seems to be tilting.