The latest report shows that whales have suffered significant losses when Bitcoin reached a historic ATH, reflecting the strong volatility of the cryptocurrency market.
According to On-chain data analyzed by expert Aunt Ai, a whale has opened a 40x short position on Bitcoin since March 2025, bearing a floating loss of up to 12.84 million USD, indicating significant market pressure.
- Bitcoin set a new historical high in mid-2025.
- Bitcoin whales opened a 40x short position and lost more than 12 million USD.
- Whales continue to increase their position by adding 5.5 million USD to avoid liquidation.
When and how did Bitcoin create a new historical peak?
On-chain data from expert analyst Aunt Ai closely monitored shows Bitcoin reached a record high price in July 2025, marking a turning point in the global cryptocurrency market's price trend.
Bitcoin's breakthrough made the market more vibrant than ever, attracting attention from both individual and professional institutional investors.
Who are whales and how does a short position affect the market?
Whales in cryptocurrency are large volume Bitcoin holders who can significantly impact prices. This whale's 40x short position resulted in a floating loss of over 12 million USD at current market prices.
"A whale opening a massive short position with high leverage like 40x involves significant risks, especially when the market rises strongly, leading to high liquidation potential but also showing the market's complex psychology."
Nguyễn Văn Thắng, CEO of Cryptocurrency Investment Fund, 07/2025
Adding 5.5 million USD to the position shows the whale is trying to maintain the current status, avoid liquidation, and maintain asset control.
How do whales manage risks during strong market fluctuations?
According to cryptocurrency portfolio management experts, whales typically diversify and quickly adjust positions to minimize liquidation risks during sudden price changes like now.
"Continuously adding capital to positions, especially with high leverage, shows a proactive risk management strategy that helps whales maintain long-term positions in a challenging market environment."
Lê Minh Hùng, Cryptocurrency Financial Expert, 06/2025
This strategy helps not only avoid liquidation but also creates opportunities for trading and enhances investment efficiency during volatile periods.
Comparison table of whale short positions with other investment forms
| Characteristics | High Leverage Short (40x) | Long-term HODL | Short-term Trading |
|---|---|---|---|
| Capital Loss Risk | Very high, easy to be liquidated when price rises | Lower, subject to short-term price fluctuations | Medium, depends on analysis skills |
| Profit Potential | High if correctly predicting downward trend | Stable, profits from long-term price increases | Volatile, quick profit opportunities |
| Asset Management | Must continuously add capital to maintain | Requires less frequent adjustments | Continuously monitor market fluctuations |
Frequently Asked Questions
- What are whales in cryptocurrency?
Investors owning large amounts of coins who can significantly influence the market. - What are the risks of a 40x short position?
High liquidation risk when prices rise, requiring strict capital management. - Why do whales add capital when losing?
To maintain their position and avoid liquidation in a volatile market. - How does Bitcoin's historical peak affect the market?
Creates a price surge, attracts investors, and boosts liquidation. - How do whales effectively manage risks?
By adding capital, diversifying portfolios, and quickly adjusting positions.
