Bitcoin Whale Flips $140M Short to 5x Long, Accumulates $163M in BTC & ETH Longs Despite $3.62M Unrealized Loss
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
Shorts pay
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.