Whale closes 206 BTC: Fully exits from an average price of $89,000

SerumDegen · 2026-01-23T09:06:11+00:00

On January 23rd, a well-known whale address closed a short position of 206 BTC, worth approximately $18.36 million, exiting near break-even, and then withdrew most of the funds. This move may reflect a major investor's attitude adjustment towards the subsequent market trend.

SerumDegen

2026-01-23 09:06:11

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【Blockchain Rhythm】On January 23, on-chain monitoring showed that a well-known whale address completed an important operation—closing all 206 BTC short positions. This transaction was significant, with a closing value of approximately $18.36 million.

Interestingly, the average opening price of this position was about $89,280, and this closing essentially achieved a break-even exit. It’s worth noting that during this volatile market cycle, breaking even is already a feat. After closing the position, the address immediately withdrew most of the funds from the account.

What signals does such an operation reveal? From the fund flow perspective, large holders choosing to clear their positions and withdraw funds at this moment may indicate a shift in their attitude towards the subsequent market trend. Such whale-level transactions often reflect real-time judgments of market participants.

BTC-0,93%

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LiquidationAlert

· 3h ago

Break even and withdraw? This whale is scared now. Can't tell if it's going to drop or rise next. Smart people choose to exit completely; I'm still stubbornly holding as a rookie investor. 206 BTC, just say the word and withdraw. Wouldn't it be great if it were that decisive? What does this move from the big players imply? I really can't see through it. Another story of breaking even and running. Why do I always chase the high? Feels like a bear market is coming; whales are all clearing their positions. This move indicates that even the big players are confused; the market isn't that easy to judge. Withdrawing funds to hold stablecoins? Or are they really bearish on the future?

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SchrodingerProfit

· 3h ago

Break even and run, smart people 206 BTC, just withdraw when asked, what is this hinting at? The big fish are all starting to be cautious, interesting Close positions and withdraw, it seems the outlook isn't so optimistic Just break even and exit, I'm still deep in a trap This move really scared me Whales are running away, everyone, we need to be more cautious Playing very skillfully, even losing money can achieve break-even and close positions 206 coins, just leave when you want, this move is worth learning Big players' money is really easy to make Close short positions at break even and run, the steady type gets it This is probably the difference between me and the big players

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ForkYouPayMe

· 3h ago

206 BTC guaranteed to break even? This guy's really bold, if he hasn't been cut, he's already winning The whale is starting to withdraw, this signal is pretty bleak Break even and run, I wonder if this wave can still go up? The 206 short positions are closed, and they need to withdraw funds, smart people Wait, is this guy bearish on the future? Or just plain scared This rhythm... Big players probably don't have confidence in what's coming next Breaking even and running is really smart, unlike us who get trapped every day

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StablecoinAnxiety

· 3h ago

Break even and run, that's the smart move. Throwing 206 coins and still walking away unscathed, this guy's mindset is really steady. --- No, the big whale's move clearly indicates that the fun is over. --- Looking at this stance, the whale is sending a signal... everyone is starting to withdraw, and I'm still here. --- Entering at 89,000 to break even and exit, what does that mean? The market ceiling is right here. --- Funds have been withdrawn. Is it to run away or waiting for a lower entry point? Can't hold it anymore. --- Breaking even and exiting sounds easy, but it actually shows that big players didn't get to enjoy the gains from this wave. --- Whales are all running, and I'm still cursing myself for cutting losses...

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