#以太坊大户持仓变化 $PEPE $SUI $XRP

【On-Chain Whales Clash Intensifies, Long and Short Bets Exceed $400 Million】

In the past 10 hours, the bullish and bearish forces in the crypto market have been engaged in a fierce standoff. Data shows that this confrontation is significant enough to shake short-term market trends.

**Actions on the Bull Side:**

A trader just added $167 million in BTC and ETH long positions. Although currently showing a floating loss of $680,000, they continue to increase their positions—this move indicates a strong conviction about the upcoming market direction. Meanwhile, trader James Wynn has already secured a floating profit of $820,000 from long positions in BTC and PEPE. Meme coins are gradually becoming institutionalized with large funds, no longer just a game for retail investors.

**The Bearish Sniper Position:**

At the same time, another whale has not retreated. A mysterious large holder has accumulated BTC short positions worth $225.8 million, still holding despite a floating loss of $6 million. This is no longer just trading; it’s a gamble. On the Hyperliquid platform, a trader has placed $14.1 million in short positions on the LIT asset, indicating a pessimistic outlook on altcoins.

**Three Phenomena to Watch Out For:**

First, both long and short positions are reaching recent highs, igniting the market’s volatility trigger. Second, whale funds are spreading from mainstream coins to meme tokens, extending the battle lines. Third, despite losses reaching millions, these large players are still increasing their positions—adding to their bets in a loss-making state, which suggests two possibilities: either they are wrong about the direction, or they are executing a larger strategic deployment.

**How Should Retail Investors Survive?**

First, don’t try to match whales’ positions. Their stop-loss points are set very differently from retail traders—your liquidation price might be exactly where they add to their positions. Second, pay attention to changes in the frequency of large on-chain transfers. When whale wallets become suddenly active, it often signals an imminent market reversal. Lastly, always reserve at least 50% cash. The more active whales are, the higher the risk of collateral damage to surrounding participants.

Ultimately, whales are not market indicators but risk warning signals. When they collectively place heavy bets, the short-term market direction often twists into a knot. In this market, surviving long is always more valuable than quick profits.