Evening On-Chain Recap: Whale activity decreased significantly, with the overall market remaining on the sidelines.
TL;DR
On January 1st, whale activity declined sharply as the market stayed cautious. Key moves included a whale long on 11 altcoins and another closing a large BTC short for profit, while overall positions remained limited.
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[Chain Evening Recap: Whale Operations Significantly Reduced, Overall Remaining Cautious] According to Mars Finance, on January 1st, based on Hyperinsight's monitoring, the following are the movements of popular whale that made new portfolio adjustments between 10:00 AM and 8:00 PM today: Long Positions: A whale (0xEa6) long on 11 Altcoin with $8 million in principal, bringing the total position value to $13.76 million. Jez (@aerobatic) deposited 2.06 million USDC into Hyperliquid via a newly created wallet , long on BTC, ETH, and SOL with 20x leverage. Short Positions: A whale that"closed long positions and switched to short" closed a 20x leveraged $70.72 million short position in BTC, making a profit of $143,800. A trader with a "100% win rate" (0xf970f) short on 2,000 SOL with 3x leverage, with an average entry price of $124.91.