The post Bitcoin Whale 0x0ddf9 Abandons $91M Short Position, Opens Massive Long appeared on BitcoinEthereumNews.com.

Lookonchain reported that a big Bitcoin whale, who did a huge leveraged short, has capitulated on a huge position. The same trader had made an opening move of an entry price of $89,765.6, the trader who made more than $10.6 million in profit on Hyperliquid had previously opened a 3x short at $91 million on 1,000 BTC. Whale 0x0ddf9 who was shorting $BTC has capitulated and flipped long. He closed his 1,000 $BTC($91M) short at a $1.6M loss, then opened a 3x long on 1,000 $BTC($91M), with a liquidation price of $59,112.https://t.co/AERSdGNMG7 pic.twitter.com/c3kvUAV1cP — Lookonchain (@lookonchain) November 28, 2025 As the price of Bitcoin increased, the position of the whale got worse, and it suffered unrealized loss of $1,160,000, and liquidation level stands at $122,937.28. The increasing price made the trader leave the short, cashing in a realized loss of approximately similar worth. Competing Wallet Takes Opposite Side With Heavy Leverage As 0x0ddf9 was losing short, the market sentiment was taking a different turn. Another wallet, 0x2c26, went the other way and entered a long worth 20x 563.68 BTC at a price of $90,278.7, which is about 51.4 million dollars. This high-leverage long, which was aggressive in nature, had a liquidation price of $84,380.05, and this indicates the confidence of the trader, or the willingness to take risk, with BTC settling in the range of its entry. The position soon crossed into profit with PNL of $524,000 indicating high bullish belief at the same time 0x0ddf9 was in short position. Bitcoin Whale Flips Position and Opens a New $91M Long Whale 0x0ddf9, just hours after taking a losing short, went long again, taking a new 3x leveraged long on 1,000 BTC valued at 91.6 million dollars. The new long was acquired at an entry price of $91,437 and liquidation price…

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Filed under: News - @ November 29, 2025 2:19 am