「Whale Trader's Move」: After liquidating long positions, a significant purchase of 43,300 ETH was made, equivalent to around $140 million.

BlockBeats News, January 19th, according to Coinbob Popular Address Monitoring, the "Strategy Whale" (0x94d3...) rapidly rebalanced its portfolio in a very short period of time: first, it heavily reduced its long positions in all major coins, then quickly switched to massively buying the dip.

The address first executed 7 intense sell-offs in about half an hour, closing a total of approximately 299.5 BTC and 7361.7 ETH long positions, worth about $48.6 million, reducing its original BTC/ETH long position to a very low level. Subsequently, the address significantly increased its ETH long position by acquiring 43,300 ETH at an average price of around $3213, totaling about $139.8 million.

Earlier today, the address liquidated its long positions in three major mainstream coins, resulting in a loss of over $15.3 million. The address then went long on BTC and ETH with 20x leverage to buy the dip, with a cumulative position size now reaching $53 million.