Interestingly, another piece of news has emerged in the market. A major whale currently holds a short position worth $225.8 million, with recent unrealized losses exceeding $6 million. The shift from previous paper profits to now being in a loss state is quite noteworthy. In the markets of mainstream coins like Bitcoin, Ethereum, and SOL, the movements of whales often reveal some of the market's temperature. This wave of short positions being trapped may indicate some changes in the current bullish and bearish dynamics.