COINOTAG News, citing Onchain Lens data, notes that a prominent whale—previously linked to selling 255 Bitcoin—has again shifted stance, signaling renewed hedging activity across the crypto landscape.
That stance multiplies the short exposure: about 10x for Bitcoin, 15x for Ethereum, and 20x for Solana, creating a combined notional around $243 million.
The breakdown shows about 1,899 Bitcoin (BTC) valued at roughly $168 million, 18,527.5298 Ethereum (ETH) around $56 million, and 151,209.08 Solana (SOL) near $19 million.
Market observers say such moves by large wallets often reflect hedging or liquidity‑management strategies rather than directional bets, highlighting the importance of monitoring exchange flows and risk indicators.
Source: https://en.coinotag.com/breakingnews/btc-whale-expands-short-exposure-to-243m-with-10x-btc-15x-eth-20x-sol-1899-btc-18527-5298-eth-151209-08-sol-onchain-lens
