Evening On-Chain Recap: Whale Adjust Positions Show Defensive Stance, Short Positions Rise

According to Mars Finance, on January 22nd, HyperInsight monitored the following movements of popular whale that adjusted their positions between 10:00 AM and 8:00 PM: Long Positions: A whale closed its BTC and ETH long positions opened this morning at breakeven, with a total previous position size of approximately $58.9 million. This whale, which had repeatedly failed to long long positions, liquidated its BTC long positions, incurring a weekly loss of $1.31 million. Short Positions: A "Strategy counterparty" added to its DASH short position, short 107,986.36 DASH with 5x leverage, currently the largest DASH short position on Hyperliquid. This whale also reversed its position, closing its ETH long positions and making a profit of $216,800.