A certain contract platform's whale holdings amount to $6.58 billion, with the bears currently holding the upper hand in the long-short confrontation.

ForkMonger · 2026-01-19T02:08:13+00:00

The whale account on a certain perpetual contract platform shows a confrontation between long and short positions, with a total open interest of $6.58 billion. Long positions amount to $3.104 billion, with a loss of $143 million; short positions amount to $3.475 billion, with an unrealized profit of $219 million. The fivefold full-position long position of the whale address faces an unrealized loss of $9.7921 million, indicating a test of market confidence and psychological resilience.

ForkMonger

2026-01-19 02:08:13

Abstract generation in progress

【Bi推】An interesting set of data just emerged. A whale account on a perpetual contract platform is playing out an intriguing long-short standoff — the total position size has reached $6.58 billion, but there is a clear internal division.

On the long side, the position is $3.104 billion, accounting for 47.18%, but things are not going well, with unrealized losses already expanding to $143 million. In contrast, the short side holds $3.475 billion (52.82%), with an unrealized profit of $219 million, indicating a good rhythm.

The most eye-catching detail comes from an operation by a whale address 0xb317…ae — this player went all-in with 5x leverage on ETH at a price of $3,161.85 and is still underwater, with an unrealized loss of $9.7921 million. Such an operation reflects confidence in the market outlook and also tests psychological resilience. Currently, the entire platform shows a slight advantage for the shorts; how it will develop next remains to be observed.

ETH-1.39%

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AirdropCollector

· 21h ago

This whale is really ruthless, going all-in with 5x leverage and still daring to go all-in. I was sweating just watching him... Shorts are really feeling good now, with unrealized gains almost catching up to the longs' losses. That @0xb317@ guy must be under a lot of pressure, holding a floating loss of nearly 10 million USD? The longs have really been hammered this round, with a 3.1 billion position losing 143 million USD. They got the timing completely wrong. This is just the daily routine of whales, while us small retail investors can only watch from the sidelines. The shorts really played it well this time; getting the timing right means making money. It feels like the next move will either explode or reverse, depending on who has a stronger mental resilience.

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PaperHandSister

· 21h ago

The guy using 5x full leverage is really ruthless, still losing nearly 10 million. I can't understand this move. --- Shorts are making more money while longs are losing heavily. Is this the current situation? Well, let's wait for a rebound. --- I’ve followed that whale address; let’s see what actions follow. --- Another standoff like this. Who can predict the next move? --- $6.58 billion is just sitting there. It has to move eventually. --- Why are the longs still holding on? Losing so much and not cutting losses? --- The shorts are making money now, but don’t turn around and dump in the opposite direction. --- Using 5x leverage on full position. How confident is this guy? --- The data looks good, but it seems to hint that the market still needs to fall.

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BlindBoxVictim

· 21h ago

5x full margin long position still lost 9.78 million, how strong must this mentality be --- Shorts eat meat, longs drink soup, it's the familiar rhythm again --- That whale is really daring, ETH is only 3161 and he's going all-in with 5x, still holding on now --- A standoff of 6.58 billion, the shorts must be making a killing, floating profit of 219 million, is it that easy? --- Longs with 37% of positions lost 143 million, how are these traders' mindsets? I can't take it --- Looking at this data, longs are basically trapped, they need a big rally to turn around --- That whale's move of going all-in with 5x on that address is a bit crazy, but it also shows confidence in the future market --- It's another situation where the shorts dominate everything, making it very difficult for long traders during this period

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GasWaster69

· 21h ago

5x full margin long position and still get trapped? This guy's mentality must be really tough, I just gave up. Shorts are comfortable, with both floating profits and catching the right rhythm. Longs are indeed suffering this wave. The whales are still fighting each other, retail investors just watch the show. Anyway, when it’s time to blow up, none of them can escape. Looking at this data, longs are really panicking, losses are still expanding. Are the shorts temporarily in the lead? Just wait, the moment they turn around will be very exciting. That guy 0xb317 should be thinking about life now, 9.79 million just gone like that. Anyway, that's it. Whale infighting, we just harvest the wool, simple and straightforward.

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MissedAirdropAgain

· 21h ago

The bears are winning big, and the bulls are bleeding. That guy with the 5x full position is really a brave warrior; his mental toughness must be incredible. Wait, are these data suggesting whether to buy the dip now or to run away? I’m a bit confused. The whales are all hammering each other; I’ll just watch the show and not follow blindly. Using 5x leverage on air coins is really intense. Are the bears' floating profit of over 200 million serious? I always feel like a reversal is coming. It feels like another big wave is approaching; everyone, get ready. The speed of the bulls' losses is honestly a bit scary. Who gave them the courage?

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RektCoaster

· 22h ago

Playing with full leverage at 5x, either you truly believe or you're just crazy... How strong must your mental resilience be? --- The bears are eating meat while the bulls are drinking soup. This is how the current situation stands. --- Another "I'm optimistic about the future" story, but the losses are huge. --- 65.8 billion confrontation, in the end, the bears still laughed last. Classic move. --- What is that whale thinking... Long at 3161 with 5x leverage, they must be very confident. Now they've lost nearly ten million. --- The bulls are suppressed to this extent, it’s really a bit uncomfortable. No wonder everyone is losing money. --- I just love looking at this kind of data, it reveals who really has money and who is just a gambling dog. --- The short position has a floating profit of over 200 million. This move is a bit fierce.

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