Bitcoin Whale Initiates Aggressive Short Strategy With 10x Leverage on Massive Position

DEXRobinHood · 2026-01-05T14:57:07+00:00

A major Bitcoin investor has opened a substantial short position with 10x leverage, totaling 409.58 BTC worth $36 million. This move, reflecting either a bearish outlook or a hedging strategy, draws attention to institutional sentiment and potential market volatility.

DEXRobinHood

2026-01-05 14:57:07

Abstract generation in progress

A major Bitcoin holder has made a notable move in the derivatives market, establishing a short position with significant leverage. The whale, who previously disposed of 255 BTC during market movements, is now operating 409.58 BTC with 10x leverage, translating to a $36 million notional exposure at current valuations.

Given that Bitcoin is trading around $93.28K, this leveraged bet represents a substantial directional wager. The whale’s decision to go short using 10x magnification suggests either a tactical view on near-term pullbacks or a hedging maneuver against existing holdings. Such concentrated positions often capture market attention, as whale movements on major exchanges typically precede significant volatility.

The strategy reveals important nuances about institutional sentiment. While some interpret large short positions as bearish signals, they can equally represent sophisticated risk management—protecting downside exposure while maintaining core long-term holdings. The 10x leverage factor amplifies both potential gains and liquidation risks, making this a high-conviction trade in either direction.

Market participants are closely monitoring whether this positioning represents a trend or a temporary tactical adjustment to current price levels.

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