Chain-based Investor Cuts $40M in Major Crypto Short Positions

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According to on-chain trading signals, a major short-position whale known as "Chain-based Parttime Investor" has reduced over $40 million in leveraged short positions in ETH, BTC, and SOL in the past week. In the last hour, the whale liquidated $3.5 million in 20x leveraged short positions. At the same time, it is building 5x leveraged short positions in PAXG and XRP, and is now the largest holder of PAXG shorts. Current major positions include $13.2 million in PAXG shorts, $11 million in XRP, and $7.82 million in ETH. The whale also opened 18 stock short positions on Hyperliquid, including ORCL, PLTR, and AMZN. The total on-chain position size is approximately $50 million. The whale's strategy indicates a shift toward value investing in crypto with selective exposure.

BlockBeats News, January 14, according to... HyperInsight Monitoring According to the data, in the past one hour, the short-position whale known as "On-chain Part-time Stock Investor" has reduced its 20x leveraged short positions in ETH, BTC, and SOL, with the total position size decreasing by approximately $3.5 million. As of this writing, the liquidation is still ongoing. Compared to last week, the combined position size of these three assets has dropped from $45.6 million to $14.5 million, and the BTC short position has been fully liquidated.


At the same time, this address is continuously increasing its short positions in 5x leveraged on-chain gold (PAXG) and XRP shorts. Currently, this address has become the largest short position holder in PAXG assets. The current main positions include:


PAXG (On-chain Gold) short position: Position size is approximately $13.2 million, average price of $4,525, floating loss of about $320,000;


XRP short position: position size is approximately 11 million USD, average price of 2.088 USD, floating loss of about 330,000 USD;


ETH short position: Position size is approximately $7.82 million, average price is $3,182, and floating loss is approximately $350,000;


In addition to crypto assets, this address has recently established 18 stock short positions on Hyperliquid, with larger concentrations in individual stocks such as ORCL (Oracle), PLTR (Palantir), and AMZN (Amazon). The total on-chain stock position size is currently approximately $4 million. The total holdings of this address amount to around $50 million.

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