A whale with a win rate of 85% cleared out its ETH short position and turned to holding the coin for a bullish trend

01/31 07:19

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A well-known trader with an 85% success rate has recently adjusted their trading strategy by closing all ETH leveraged short positions and switching to a long position. Currently, the address holds 33,334.97 WETH, worth approximately $108 million. At the same time, the trader has increased their short position in Bitcoin, currently shorting 740.1 WBTC, worth around $77.32 million, with an average shorting price of $104,297 and a current unrealized loss of approximately $127,000.

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