Whale implements a symmetric strategy: buying 4.383 ETH while short-selling BTC to manage risk

RektHunter · 2026-01-20T16:10:57+00:00

According to Hyperinsight, a market whale has implemented a risk mitigation strategy by purchasing 4,383.15 ETH and short selling 397.98 BTC. Currently, the whale is experiencing unrealized losses, reflecting a balance in the portfolio.

RektHunter

2026-01-20 16:10:57

Abstract generation in progress

According to Hyperinsight, a market whale has begun implementing a complex risk mitigation strategy this morning at 12:40 (UTC+8). This trader established a long position of 4,383.15 ETH with 14x leverage, equivalent to approximately $13.67 million USD.

Before executing the buy order, the whale activated a large short position with 397.98 BTC using 20x leverage, creating market pressure of about $362.2 million USD. This move indicates that the trader is employing a symmetrical strategy, participating in both sides of the market.

Currently, this account is in a modest unrealized loss, which may suggest that recent market developments have not been favorable for this position. The strategy of combining ETH buying with BTC shorting reflects that the whale is balancing their portfolio rather than betting one-sidedly on any asset.

ETH1,6%

BTC1,2%

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