Weekend Whale Activity Overview: Both ETH Bulls Liquidated Nearly $1 Billion in Long Positions and Exited, While Bear Whales Took Profit Successively
BlockBeats News, February 2nd, according to Coinbob Popular Address Monitoring, Bitcoin tested $75,000 over the weekend, and ETH dropped below $2,400. The on-chain "bullish" whale camp was almost completely wiped out, suffering heavy losses; whales focusing on shorting continued to take profit, reaping significant gains. The specific data is as follows:
“BTC OG Insider Whale”: The on-chain ETH and SOL largest long positions were completely liquidated, with a liquidation scale exceeding $700 million. The cumulative loss in the past two weeks was about $270 million, and the address has accumulated a loss of over $128 million since October.
“CZ Opposing Trader”: The original ETH second largest holder and XRP largest long position holder, saw consecutive liquidations of ETH and XRP long positions over the weekend, with losses of about $50.46 million. Last week, they were liquidated for $65.13 million. Their $260 million long position is now at zero.
“Buddy” Huang Licheng: Despite adding $390,000 in collateral over the weekend, their HYPE and ETH long positions were still liquidated, with the position liquidated from nearly $20 million to zero. After briefly reopening a HYPE long position, it is still at a loss, with the account now having less than $2,000.
“Ultimate Short”: Closed a significant amount of BTC short positions to take profit, with a weekend profit of about $9.68 million. The position size decreased from about $50 million to $14.4 million, currently having an unrealized profit of $6.7 million (931%), and a funding rate settlement revenue of about $10 million.
“Shanzhai Air Force Leader”: Closed large short positions on more than ten coins to take profit, with the position size decreasing from about $40 million to $12.8 million, with an overall account unrealized profit of $7.7 million (147%). They currently still hold large short positions in LIT, PUMP, and ASTER.
“Paul Wei”: The current BTC long positions have an unrealized loss of about 16%, accounting for about 30% of the total funds. Most of the funds are still in pending orders, and the BTC long and short pending order range has been adjusted to $72,700 to $80,800.
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