Crypto Whale Positions Suffer $146M Liquidation Amid BTC and ETH Price Swings

Crypto Whale Positions Suffer $146M Liquidation Amid BTC and ETH Price Swings

High-volume crypto whale activity now includes a heavily leveraged Bitcoin long alongside earlier liquidations, underscoring ongoing volatility and risk in digital asset trading.

BTC
ETH

Fact Check
The assessment is "likely_true" with high confidence based on strong, corroborating evidence from the most relevant and authoritative sources provided. The core claims of the statement—that a specific, large crypto investor (a "whale") closed a significant Ethereum short position and is also short on Bitcoin—are directly supported. The Lookonchain social media profile is a highly authoritative primary source for on-chain analytics and is the likely origin of this data. The AInvest news article, titled "Lightning Backhand Whale Liquidates ETH Short, Adds to BTC ...", serves as a strong secondary source that explicitly reports on this specific event, confirming the investor's actions regarding ETH and BTC. The specific value of $4.74 million is the type of precise detail these sources specialize in reporting.The only part of the statement not directly confirmed by the provided summaries is the detail about the investor also maintaining a short position on Solana (SOL). However, the evidence strongly supports the most significant financial actions described in the statement.The other sources are not relevant to this specific claim. The CoinGlass data and the second AInvest article provide aggregated market data, not information on a single investor's trades. The Cointelegraph post is about a different entity and situation entirely. Given that the central and most impactful parts of the statement are well-supported by the best available evidence, the statement is very likely true. The probability is slightly reduced from near-certainty to account for the unverified detail about the Solana position.
Summary

On January 30, whale address 0x20c realized over $11 million profit shorting ETH with 25x leverage, achieving a 345% ROI from an $84 million position opened at $3,117. Another whale, 0x50b30, closed a 466.08 BTC short for $103,000 profit on the same day, following a $48.2 million ETH long liquidation earlier this month. Additionally, HyperInsight reported a whale has opened a 40x leveraged long for 96.31 BTC at $82,564.1, currently showing $10,700 in floating profit, with frequent adjustments and a preference for small orders. These trades highlight aggressive strategies amid extreme market swings.

Terms & Concepts
  • Leverage: Using borrowed funds to increase exposure to an asset, which can magnify both gains and losses.
  • Whale: An investor or trader with large holdings whose trades can significantly affect market prices.