Whale Rebalancing Observation: BTC Longs Shift to ETH Shorts, Positioning Actions Still Evolving

RektRecovery · 2026-01-21T12:10:10+00:00

Recently, the large holder "pension-usdt.eth" adjusted their position, reducing their Bitcoin long and opening an Ethereum short. Currently, they hold more than 5 times the Bitcoin long with 751.87 BTC and a 3x short with 10,065 ETH. This change may reflect their revised expectations of the recent trends of both assets.

RektRecovery

2026-01-21 12:10:10

Abstract generation in progress

【Blockchain Rhythm】An interesting phenomenon worth noting: the large holder “pension-usdt.eth” has recently been adjusting their positions.

Specifically, this whale’s recent activity over the past hour is as follows—first reducing their BTC long position, then opening an ETH short position. Their current holdings are still in flux.

As of now, their account is structured as follows: a 5x BTC long with a total of 751.87 Bitcoin; and a 3x ETH short with a position of 10,065 Ethereum.

From this position switch, it appears that the large holder may be adjusting their expectations regarding the recent trends of Bitcoin and Ethereum. Actions by such major players are usually worth market participants’ attention, as they often reflect changes in market sentiment.

BTC0,68%

ETH1,46%

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.

14 Likes

Reward
14
7
Repost
Share

Comment

0/400

TopBuyerBottomSeller

· 9h ago

Well, he's starting to rebalance again. This guy really isn't idle at all. Brother pension, what do you think of this move? It looks like he's cutting long positions and embracing shorting. Do you think he's bearish in the short term or planning to reverse his strategy? 751 Bitcoin plus 10,065 Ethereum... this scale is truly incredible. Small retail investors like us can only follow behind and watch the dust settle. Wait, he still has a 5x BTC long position. Isn't he betting on the price going up? Why is he building a short position again? I don't believe or spread rumors, but such moves by big players are definitely worth paying attention to. After all, retail investors always follow the whales, haha.

View OriginalReply0

ponzi_poet

· 9h ago

Hmm... Here we go again, the whales are playing tricks, and we're just here to watch the dust settle.

View OriginalReply0

FUDwatcher

· 9h ago

Here we go again, this guy is at it again, reducing BTC positions and shorting ETH. Is he sensing some market trend? Or is he just trying to make a profit from the price difference? Who knows.

View OriginalReply0

PonziWhisperer

· 9h ago

This whale is really interesting. BTC reduces its position and turns to short ETH. Is this a sign of bearish sentiment towards Ethereum?

View OriginalReply0

Web3ExplorerLin

· 9h ago

hypothesis: this pension whale is basically executing what i'd call the "ancient silk road arbitrage" between btc's store-of-value narrative and eth's execution layer volatility... technically speaking, the cross-chain paradigm here isn't really cross-chain at all—it's intra-layer positioning that mirrors byzantine generals trying to hedge their bets, ngl

Reply0

BitcoinDaddy