Whale "255 BTC Sold" Closes Long Positions, Suffers $16.14M Loss, Reopens ETH and BTC Longs

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Whale trading activity experienced a significant shift when the "255 BTC Sold" address closed long positions in ETH, BTC, and SOL on January 19, 2026, initiating short positions in these assets and incurring a $16.14 million loss. Subsequently, the whale reopened long positions in ETH (15x) and BTC (20x), while maintaining long positions in DOGE (10x) and short positions in DASH (5x). The total position size is approximately $60 million, with these key moves likely influencing short-term support and resistance levels.

BlockBeats news: On January 19, the whale address "255 BTC Sold" completely closed its long positions in ETH, BTC, and SOL, and even briefly reversed its position to go short, ultimately exiting with a loss of approximately $16.14 million.


Subsequently, the whale turned bullish again, opening new long positions in ETH (15x) and BTC (20x), while still holding a long position in DOGE (10x) and a short position in DASH (5x). The total position size is approximately $60 million.

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