Evening On-Chain Recap: Divergence emerges among short sellers in the privacy sector; whale begin to control their risk exposure.

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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 27th:

Bullish camp:

The "BTC OG Insider Whale" contract reduced its long positions by $120 million and simultaneously rolled over $240 million of ETH spot positions on-chain.

A whale placed a 40x long of 377.14 BTC, with an average entry price of $88,030.3.

Short sellers:

The "biggest short seller of DASH" continues to increase his short positions in DASH, with a floating profit of $1.35 million on a single coin.

The "20 Million Swing Hunter" reduced his short position in XMR, but still holds the largest short position in XMR with a floating profit of $1.2 million.

A whale closed its short position in ZEC, making a profit of $826,000 after holding it for one month.

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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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