As reported by Chaincatcher, Thanksgiving saw a rare BTC long-short whale battle. Lookonchain data shows whale 0x0ddf9 opened a 3x BTC short at $89,765.6, totaling $91 million (1,000 BTC), with a current floating loss of $1.16 million. At the same time, new wallet 0x2c26 opened a 20x long at $90,278.7, totaling $51.4 million (563.68 BTC), with a floating profit of $524,000. High-leverage hedging between long and short positions has increased volatility expectations during the holiday period. On-chain activity remains active. OnchainLens data shows Bitmine purchased 14,618 ETH from BitGo, valued at $44.34 million, continuing institutional asset allocation toward ETH. BTC reserve strength also increased, with the top 100 listed treasuries holding 1,058,581 BTC. Over the past 7 days, 9 added BTC and only 1 reduced holdings, showing continued accumulation by long-term capital. Investment flows show structural divergence. SolanaFloor data indicates the Solana ETF ended 22 consecutive days of net inflows, with a net outflow of $8.2 million yesterday. 21Shares saw significant outflows, while Bitwise remained in net inflow of $13.3 million. Mainstream fund rotation is intensifying, and short-term risk preferences remain in fluctuation.
BTC Whales Clash on Thanksgiving, Solana ETF Ends 22-Day Net Inflow
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