Whale takes profit on SOL short position and switches to long? 18x leveraged ETH position shows increased unrealized loss

【Blockchain Rhythm】An interesting change worth noting. On December 29th, a large trader’s trading trajectory showed a clear strategic adjustment — a whale account that previously bet on SOL shorts suddenly closed its position and took profits, earning $58,300.

But then it shifted to an even more aggressive stance. This whale is still heavily shorting ETH, with a position size of $46.07 million, using 18x leverage. The problem is, this position is now floating at a loss of $7,100, basically betting on further decline.

At the same time, it also holds a $77.05 million BTC short position, with even higher leverage — 20x. The floating loss on this position has already expanded to $162,000. It seems this large trader is gambling heavily on the market continuing to go down, but the risk is also growing in real time. Both large positions are bleeding, and if the market moves in the opposite direction, liquidation could be imminent.