Million-level whale rebalancing: reducing crypto short positions and shifting to stocks and gold assets

HashBard · 2026-01-19T08:09:41+00:00

An on-chain whale holding over $67 million in assets recently adjusted their positions significantly, reducing their BTC short positions and realizing a total profit of approximately $1.18 million. The current BTC short position is valued at $8.7559 million. Meanwhile, the whale shifted funds into stocks and gold, with stock holdings increasing to $10.25 million and opening a new $14.1 million gold short position. The strategy clearly shifted from high-risk crypto assets to diversified investments.

HashBard

2026-01-19 08:09:41

Abstract generation in progress

【Blockchain Rhythm】An on-chain address with a position size of over $67 million has recently been making significant adjustments to its strategy.

In the past hour, this “on-chain stockholder” whale (0xfc66…) has been continuously reducing its BTC short positions, currently realizing approximately $1.18 million in profits, and still actively trading. After reducing its position, the total value of this address’s BTC short holdings remains at $8.7559 million, with an unrealized profit of about $334,000. The total assets of the entire contract account amount to $67.28 million.

What’s more interesting is that the destination of these funds is very clear—they have all been transferred into on-chain stocks and gold. The activity in stocks is substantial, with ongoing increases in holdings of the S&P 500, Tesla, MicroStrategy, and other targets, with positions rising from $4 million last week to now $10.25 million. At the same time, a new PAXG (gold) short position has been opened, reaching $14.1 million at an average price of $4,532. In other words, this address is now the largest short position in on-chain gold. Overall, the combined holdings in on-chain stocks and gold amount to approximately $24.35 million.

What further reveals the strategic shift is the operational trajectory during this period. Since January 8, this address has been continuously reducing high-leverage short positions in ETH, BTC, and SOL, with total holdings shrinking by about 50%. Meanwhile, it has gradually increased allocations to traditional assets like on-chain stocks and gold. The overall shift in approach is quite clear—from high-risk operations solely in crypto assets to a balanced portfolio including stocks, gold, and other asset classes.

BTC-2,1%

ETH-3,63%

SOL-5,65%

PAXG1,29%

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RamenStacker

· 9h ago

Whales are starting to run, short positions are taking profits and turning to stocks and gold. This signal is quite interesting. Something's off. Why suddenly turn so bearish on gold? Could it be that someone knows something we don't? This is real action, not just talk. They actually cashed out $1.18 million. That's a pretty aggressive move. Is this guy hedging or genuinely bearish on the crypto market? Feeling a bit uneasy.

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Layer2Observer

· 9h ago

Wait, is this whale doing asset allocation or hedging systemic risk? Switching from BTC short positions to stocks and gold, logically, this seems more like betting on a rebound in traditional finance. Let's look at the data—1.18 million in take profit doesn't seem too aggressive, indicating he is still observing. The 14.1 million in gold shorts is interesting—are they betting on a gold price correction? Further verification is needed.

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AirdropHunter007

· 9h ago

Whales are running, short positions are taking profits and shifting to traditional assets. Is this a signal that the market is cooling down?

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CryptoPhoenix

· 9h ago

Whales are starting to reduce their short positions and shift to stocks and gold. What kind of signal is this sending to the market... Feeling a bit anxious. Wait, is this move preparing for the next rally? Or are they really turning bearish on crypto? Taking profits at $1.18 million, such a big move... How long do I need to trade to make that kind of profit? [bitter smile] Major funds are reallocating to traditional assets, and we're still holding onto the crypto world... Time to rethink. Actually, what does this indicate? Smart money is deleveraging. Remember, it's crucial to stay alert when losing money. Maybe this is a signal of the bottom range, the calm before rebirth. Looking at this position of $125, I suddenly understand what "conservation of energy" means. These whales are also diversifying their portfolios; we're still betting on one coin... We really need to learn to cycle through the phases.

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