$170 million whale movement: BTC/ETH continue to increase short positions, new SOL short positions and SUI long positions

2026-01-05 00:08:10

【BlockBeats】There’s an interesting trading trend to share. On January 5th, on-chain data showed a large whale quietly adjusting its positions. This guy isn’t messing around—its total value skyrocketed to $170 million.

Specifically, the most solid are BTC short positions, with a $87.68 million position opened near $90,247.5. ETH is also active, with a $55.48 million short position, average opening price of $3,113.86. This indicates that the whale is keeping a close eye on the recent movements of mainstream coins.

Interestingly, it also opened a new short position on SOL—$27.53 million, with an opening price of $134.2. At the same time, it took a long position on SUI, although only $1.4 million in size, but this combination looks like a relative value judgment between SOL and SUI.

Such large position changes often reveal market participants’ true expectations for short-term trends. It’s worth continuing to observe this whale’s subsequent actions.

BTC-2,4%

ETH-3,67%

SOL-3,09%

SUI-4,37%

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DancingCandles

· 7m ago

1.7 billion all in short positions, this guy really doesn't have much confidence This whale is playing relative value between SOL and SUI, there's something to it BTC and ETH are both in short positions, are mainstream coins really about to withdraw? Looking at this position size, it feels like a big move is coming Such a resolute short, how to break through in the short term? SUI's quick long position is a bit interesting, compared to SOL's short With 1.7 billion all in short positions, should I follow or go against the trend? This rhythm is a bit strange, are mainstream coins really at the end? Whale has such heavy short positions on SOL, looking down on it?

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RugResistant

· 9h ago

okay so massive short positioning here... 8768M on BTC, 5548M on ETH... that's not coincidence, that's conviction. analyzed thoroughly and ngl the SOL/SUI play is sus—why dump that much on SOL but tiny long on SUI? red flags detected imho. whale clearly hedging something or knows smth we don't. further investigation required fr fr

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ser_we_are_ngmi

· 01-05 00:37

1.7 billion invested, and it's still going. What exactly is this whale betting on? --- BTC short positions are nearing 90 million? No wonder there's been some pressure lately, but this guy's guts are really impressive. --- Wait, SOL short, SUI long? Are they competing against each other or is there another deeper meaning? --- Again with this bearish combo. Will the mainstream coins surge? Watching cautiously. --- SUI with just over 14,000 longs is a bit interesting, doesn't seem serious. --- Is the whale hinting at something or just a pure gambler's mindset? --- This bearish signal is quite strong. Need to be careful.

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MetaMasked

· 01-05 00:33

17 million invested and still backing down, this wave of whales clearly isn't optimistic about the short-term market.

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BlockchainBouncer

· 01-05 00:31

1.7 billion shorts are crashing down, this whale really doesn't have confidence, BTC and ETH are both heavily shorted, and SOL wasn't spared... --- The big whale's move seems to really think the price will drop, but what about that SUI order of over 14,000? Is this a reverse bet? --- Another "big smart" short seller, waiting for the moment to be proven wrong... --- SOL has been targeted, with a short position of 27.53 million. This guy is definitely going against SOL. --- That small long position in SUI is really impressive, just like giving a thumbs-up next to the SOL short. In terms of relative value judgment, this strategy is really well understood. --- Wait, the movements from January 5th are only being revealed now. Isn't this a case of hindsight? It should be a rebound now. --- These big traders' moves are always brought up, but what’s the result? They are often countered by the market.

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GateUser-a180694b

· 01-05 00:31

$170 million in shorts, this whale is really pessimistic BTC and ETH are both shorted, it seems the recent risks are quite high? The new short position on SOL is interesting, SUI at only 14,000 and already hedging, this move has some little tricks Feels like big players are all waiting for a pullback, I need to think about whether to follow or not

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RugPullAlertBot

· 01-05 00:22

$170 million short position portfolio, this whale is scared, BTC and ETH are both aggressively shorted. Huh, opened a new short on SOL, but SUI is reversing to a long? Is he betting that SOL will drop faster? The big whale has suffered several losses and is now cautious. The question is, should we follow or operate in the opposite direction at this time? This strategy looks like a bearish view on the short-term market, but it could also be just testing the bottom support. With such a large position, even a slight breeze can force a cut, and this whale is not easy to deal with. SUI only has a long position of 14,000, this guy clearly no longer believes in the SOL story.

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SandwichVictim

· 01-05 00:17

170 million big whales are smashing short positions, BTC, ETH, SOL all short? Are they trying to crush us retail investors?

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