Evening On-Chain Recap: Whale activity decreased significantly, with the overall market remaining on the sidelines.

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According to Hyperinsight monitoring, the following are the movements of popular whale that made new portfolio adjustments between 10:00 and 20:00 on January 1st:

Bullish camp:

A certain whale (0xEa6) used $8 million in principal to long on 11 Altcoin, with a total position value of $13.76 million.

Jez (@aerobatic) created a new wallet and deposited 2.06 million USDC into Hyperliquid to long on BTC, ETH, and SOL with 20x leverage.

Short sellers:

A whale closed its 20x leveraged $70.72 million short position in BTC, making a profit of $143,800.

A trader with a "100% win rate" (0xf970f) short 2,000 SOL tokens with 3x leverage at an average price of $124.91.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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