Whale's new move: DASH bears, DOGE bulls, over $400 million holdings with a floating loss of $3.3 million

PriceOracleFairy · 2026-01-18T12:14:11+00:00

On-chain data shows that a whale holding 255 BTC recently took a 5x short position on DASH and a 10x long position on DOGE, while maintaining long positions in BTC, ETH, and SOL. However, the floating loss has reached $3.3 million, reflecting their strategic adjustments and risk management in the market.

PriceOracleFairy

2026-01-18 12:14:11

Abstract generation in progress

【Block Rhythm】 On-chain data shows that a whale holding over 255 BTC has recently made new trading moves. This whale chose to short DASH with 5x leverage while going long on DOGE with 10x leverage, indicating significant activity in these two cryptocurrencies.

Interestingly, the whale’s main positions remain in major coins. Currently, it maintains long positions in BTC, ETH, and SOL, with a total value of approximately $457 million. However, based on floating accounts, this large holding is now in trouble — floating losses have reached $3.3 million.

This move reflects the whale’s strategic adjustment in the current market: maintaining long positions in mainstream coins while leveraging small-cap tokens to seek profit breakthroughs. This “multi-point deployment” approach is not uncommon in volatile markets, but it also increases risks.

DASH11,71%

DOGE-0,79%

BTC0,05%

ETH1,31%

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OnChainDetective

· 6h ago

457 million holdings lost 3.3 million? This move looks like throwing a tantrum. Short DASH and long DOGE, it's definitely intentional.

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MetaverseLandlady

· 6h ago

Oh no, why is this whale still stubbornly holding on? They've lost 3.3 million and still refuse to admit it.

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StablecoinEnjoyer

· 6h ago

Wait a minute, this whale lost 3.3 million and is still leveraging to play DOGE? That's really bold.

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FlashLoanLarry

· 6h ago

LMAO, you don't even feel bad about a floating loss of 3.3 million? How absurd is this whale's capital utilization efficiency... Using 10x leverage to go long on DOGE is purely playing the opportunity cost game. By the way, can this kind of liquidity depth really hold up on DOGE?

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