Whale Reverses Position: Switches from 40x BTC Short to 40x Long with $30.23M

GateNews

2026-03-27 00:57:12

BTC-2,48%

Gate News bot message, The whale previously known for “Sold 255 $BTC to short” has reversed their position on BTC, switching from short to long. The trader opened a 40x long position on 439.92 BTC valued at $30.23M.

Additionally, the whale increased their long position on Brent oil, currently holding 249,406 xyz:BRENTOIL worth $25.25M.

According to Lookonchain’s earlier report on March 25, this whale had previously opened a 40x short on 1,000 BTC ($70.7M) and a 20x long on 202,155 xyz:BRENTOIL ($19.25M), with both positions in the red at that time. The whale was once up $25.16M but was down $33.39M.

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