Bitcoin Whale Flips $140M Short to 5x Long, Accumulates $163M in BTC & ETH Longs Despite $3.62M Unrealized Loss

COINOTAG News (Oct 17) — HyperInsight monitoring reports a whale address that previously opened a $140 million BTC short has closed that trade and now holds approximately $163 million in combined ETH and BTC long positions, with a currently reported unrealized loss of $3.62 million.

On-chain details show a BTC 5x leveraged long of $85.08 million (about 781.74 BTC) entered at $110,487.4, alongside an ETH 3x leveraged long totaling $78.01 million (approximately 19,894.21 ETH) with an entry near $4,037.43.

These verified metrics document a material shift in the address’s exposure from short to long, offering on-chain transparency for market participants tracking whale accumulation, BTC long and ETH long activity and leveraged position sizing.

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