Whale large transaction tracking: BTC takes profit and reduces positions, ETH bears struggle to hold unrealized losses

【Crypto Rhythm】Data from a leading exchange shows that on January 12, a well-known whale account continued to adjust its position strategy. The trader’s actions today are quite interesting — they are reducing their BTC long positions to take profits while still maintaining a relatively heavy leveraged position.

Specifically, the account currently holds 11.8927 BTC long positions, using 20x leverage, with a nominal value of approximately $1.09 million. The unrealized profit on this position has reached $17,000. At the same time, they also have a significant short position on ETH — short 11,366.46 ETH with 14x leverage, with an average entry price of $3,073.66. However, this position is currently showing an unrealized loss of $949,000, suggesting that ETH’s rebound is putting this position under some pressure.

In terms of trading rhythm, the whale is taking profits and reducing BTC holdings, while still holding onto their short ETH position. This may reflect a differentiated judgment on the expected trends of different assets. Market participants can continue to monitor such large traders’ movements, as they often reveal shifts in market sentiment.