DASH short position expands! Whale addresses leverage 5x to short over 100,000 coins, with long positions' unrealized profit exceeding 5 million

NonFungibleDegen · 2026-01-22T09:46:10+00:00

A major trader opened a short position on 107,986.36 DASH with 5x leverage on January 22, resulting in an unrealized profit of $860,000. At the same time, they took long positions on BTC, ETH, and SOL, with a total unrealized profit of over $4.84 million, demonstrating their flexible long-short strategy and risk diversification capability.

NonFungibleDegen

2026-01-22 09:46:10

Abstract generation in progress

【Blockchain Rhythm】On January 22, a large holder address just added to its DASH short position. This trader is currently short 107,986.36 DASH on a derivatives platform with 5x leverage, with an entry price set at $75.22. The unrealized profit has already reached $860,000, making it the largest short player on the DASH contract on that exchange.

Interestingly, this address is not purely bearish. It is also long on BTC, ETH, and SOL, with a combined unrealized profit exceeding $4.84 million. It seems to be a master of both sides—betting on DASH to fall while betting on mainstream coins to rise, using long and short positions to diversify risk.

DASH10,72%

BTC1,11%

ETH1,33%

SOL0,42%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes

Reward
6
3
Repost
Share

Comment

0/400

gas_fee_trauma

· 01-22 10:15

This whale is playing really cleverly. DASH is so aggressive that it can go long on mainstream coins at the same time. It's really about eating both the shorts and the bull market's gains.

View OriginalReply0

LayerZeroJunkie

· 01-22 09:57

Wow, this whale is really impressive. The DASH bears are so fierce yet still dare to strike from both sides.

View OriginalReply0

GasGuru

· 01-22 09:56

This guy really knows what he's doing. Doubling down on DASH shorts while still going long on BTC, and still holding steady with unrealized profits over 5 million, his mental resilience is incredible.

View OriginalReply0