Crypto Whale Adjusts BTC and ETH Positions Amid Market Fluctuations

According to PANews, a prominent crypto whale known as 'Lightning Counter' (address starting with 0x50b3) has been actively adjusting their Bitcoin and Ethereum positions. On January 12, the whale continued to take profits and reduce their BTC long positions. Currently, they are maintaining a long position of 11.8927 BTC with 20x leverage, showing an unrealized profit of $17,000. In contrast, the whale has opened a short position on 11,366.46 ETH with 14x leverage, at an average entry price of $3,073.66. This position is currently experiencing an unrealized loss of $949,000. The strategic adjustments reflect the whale's response to ongoing market dynamics.