Using 25x leverage to long nearly $9 million worth of BTC, what is this whale betting on?

A certain whale is betting on BTC rising with high leverage. According to the latest news, on January 15th, a whale address went long with 93.08 BTC at 25x leverage, with an average entry price of $96,391.2, and a position size of approximately $8.98 million. This trade reflects the aggressive trading style of market participants and exposes the risks associated with high leverage trading. Notably, this whale’s behavior contrasts interestingly with the strategies of other large holders in the current market.

Aggressive Traders’ High-Risk Bets

Entry Data Interpretation

This whale’s trading size and leverage are quite aggressive:

Less than an hour after opening the position, this trade has an unrealized profit of $10,000. This results from BTC rising from $96,391.2 to $96,509.25, a roughly 0.12% increase. It may seem insignificant, but under 25x leverage, every 0.1% move is amplified 25 times. This means if BTC drops more than 0.4%, the position faces liquidation risk.

Trading Style Characteristics

On-chain monitoring data shows this address exhibits clear signs of aggressive trading:

• Frequent opening and closing of positions: active trading without long-term holding
• High leverage strategy: 25x leverage indicates a professional trader or hedge fund
• Short-term speculation: such trades are typically aimed at short-term price movements rather than long-term trends
• High risk, high reward: profits can be substantial if successful, losses are also magnified if not

Comparison with Other Market Signals

Interestingly, this whale’s aggressive long position contrasts with the behavior of other large holders in the market:

OG Whale’s Holding Strategy

According to relevant information, Bitcoin OG whales (long-term holders with over 5 years of holdings) are changing their behavior. CryptoQuant analysts point out that OG whales had unusually high activity during this cycle, but their recent selling pace has noticeably slowed. This suggests:

• Long-term holders are starting to hold rather than actively sell
• Selling pressure in the market is decreasing
• The current trend leans more towards holding rather than distributing

Other Whales’ Profit-Taking on Close

In contrast, other whales are more cautious:

• On January 14th, a whale closed a short position of 100 BTC, with a profit of $22,000, and is now observing the market
• On the same day, a “mid-term swing” whale closed a long position of 60 BTC, with a profit of $142,000, and currently holds no position
• These traders take profits after gains rather than adding more positions

Multiple Market Signal Interpretations

What signals does this whale’s high-leverage long position convey?

Bullish Sentiment Indicator

A 25x leveraged long position itself is a clear bullish signal. Such aggressive traders usually have strong short-term price expectations, and their actions often reflect certain market participants’ anticipation of further upside.

Risks and Opportunities Coexist

However, this also highlights the divergence in risk appetite within the market. Some whales choose long-term holding, others engage in high-leverage short-term speculation, and some take profits and wait. This diversification indicates that market participants have differing views on the future trend.

Summary

This whale’s 25x high-leverage long position is a high-risk short-term bet. Although it is currently showing an unrealized profit of $10,000, under such high leverage, any decline exceeding 0.4% could trigger liquidation. In contrast, the more cautious strategies of OG whales and other traders taking profits suggest a market with both bullish aggressive players and conservative wait-and-see participants. Moving forward, attention should be paid to whether such high-leverage trades could trigger chain liquidations and whether BTC can break through the current price to sustain further gains.