Multi-army retreat VS air force carnival: Has $100,000 become the BTC "Maginot Line"?

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On the 19th , BTC briefly surged to $107,000 before pulling back, ETH once fell below $2,400, and mainstream currencies also generally entered a pullback mode. Regarding the future market trend, whale investors have begun to "speak with their positions." Some people have spent tens of millions of dollars to start their short journey, while others have long positions with floating profits of nearly 30 million US dollars. Odaily Odaily will sort out and summarize the recent positions of major whale in this article for readers' reference.

Whale Jams Wynn: Long floating profit once reached nearly 30 million US dollars, and now retreated to around 18 million US dollars

On May 18, according to on-chain analyst @EmberCN, the whale@JamesWynnReal used 40x leverage on Hyperliquid to long 3,788.7 BTC, with a position value of $391 million, an opening price of $103,083, and a liquidation price of $96,474. As BTC briefly broke through $105,000, James Wynn's long position had a floating profit of more than $27.7 million, including a floating profit of $8.38 million for BTC 40x long positions and a floating profit of $20.26 million for kPEPE 40x long positions.

The latest data shows that the floating profit of the whale @JamesWynnReal BTC long orders has retreated to 1.12 million US dollars; the floating profit of kPEPE long orders has retreated to about 17 million US dollars; in addition, its XRP long orders have a floating loss of about 2.42 million US dollars. On-chain information: https://hypurrscan.io/address/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6″

Long Representative

ETH short sellers: 25x short, position value once exceeded $100 million

Yesterday, the address 0xcddf, which had been silent for four years, short 41,851 ETH with 25x leverage, with a position value of US$103 million, an opening price of US$2,514, and a liquidation price of US$2,525. Subsequently, due to the rise of ETH, it finally closed the position at a loss of 2.46 million. After closing the ETH short, it turned around and used the remaining funds to chase BTC: it opened a 40x long position of 166 BTC at a price of US$106,580, with a position value of US$17.6 million. In the end, it lost US$175,000 in just 45 minutes. However, he later opened a short position in ETH at 25 times the price again, and rolled over the position again after making a floating profit . His current position has gradually increased to 4,136 ETH. The latest data shows that the 25x leveraged short position of this address has dropped to around US$9.8 million, and the current floating profit is about US$180,000.

On-chain information: https://hypurrscan.io/address/0xcddf90930aa49231d55538f8f2dac97a562e5f6b”

Being beaten on both sides represents

ETH short sellers: 20x short, with a position of 70 million USD

Address 0x2258 previously short 28,248 ETH with 20x leverage, with a position value of US$70 million, an opening price of US$2,561, and a liquidation price of US$2,694. 7 hours ago, it closed all its short positions and the address has now been cleared.

On-chain information: https://hypurrscan.io/address/0x225864ad63ba66272cd6be3e65476a2eba48c215″

Position closed

SOL short sellers: 20 times short, holdings exceeding 20,000 SOL

On May 16, according to OnChain Lens monitoring, a whale deposited 1.7 million USDC into Hyperliquid and opened a top SOL short position with 20x leverage. The latest data shows that the address currently holds approximately 20,336 SOLs, with a cumulative floating profit of approximately US$197,400.

On-chain information: https://hypurrscan.io/address/0x6b0411091ad1e73a225d24304bf9d4d98fa1b0e2″

Short continues

Mainstream coin short sellers: Hyperliquid previously made over $15 million in profit and short 5 tokens

According to Lookonchain monitoring, a whale who made more than $15 million in profits on the Hyperliquid platform began to short ETH, BTC, AVAX, SOL and USUAL. The trader also set 100 limit orders in the $2460-2480 range, preparing to continue short ETH.

The latest data shows that all short orders of this address have made profits. Among them, the ETH 20x short position holding is 3034 ETH, with a floating profit of approximately US$182,000; the BTC 20x short position holding is 38 BTC, with a floating profit of approximately US$84,000; the AVAX 20x short position holding is approximately 50,000 AVAX, with a floating profit of approximately US$38,000; the SOL 20x short position holding is approximately 1935 SOL, with a floating profit of approximately US$9,000; the USUAL 5x short position holding is approximately 185,000 USUAL, with a floating profit of approximately US$2,000.

On-chain information: https://hypurrscan.io/address/0x8Bff50AAd8b4E06c5E148eaEB9D7Aef69e26CDC3″

20x short on ETH, BTC, AVAX, SOL, 5x short on USUAL

HYPE short sellers: 5 times short, holdings exceeding 1.87 million HYPE

Previously, according to monitoring by on-chain analyst Yu Jin, a whale opened a 5x short position on Hyperliquid and short 1.875 million HYPE coins; on the 17th, its floating loss amounted to as high as 12.06 million US dollars. Subsequently, it withdrew another 3 million USDC from Binance as margin, and the liquidation price was 31.6 US dollars. The latest data shows that the address currently has a floating loss of approximately US$9.55 million.

On-chain information: https://hypurrscan.io/address/0x20b141d3b74779d96b48b966807d719d5dfa08a6″

Firmly bearish

In addition to the whale who are long or short in the above contracts, there are also whale who buy the dips of the spot during the previous ETH oversell and eventually realized millions of profits.

ETH buy the dips whale: buy the dips and buying more than 6,700 ETH, making a profit of more than 4.26 million US dollars

According to on-chain analyst Ember’s monitoring, a whale transferred 6,384.5 ETH to Binance in the past 4 hours, obtaining 15.549 million USDT, with an average selling price of approximately US$2,435. The whale withdrew 6,710 ETH from Binance about a month ago, when the price was $1,768. According to rough estimates, it made a total profit of more than 4.26 million US dollars in this round of operations.

Chain information: https://intel.arkm.com/explorer/address/0xD20E007881ea62B5922B06D025c9dc1D41962953″

Profit taken

Summary: The Air Force is temporarily ahead, but the multi-army will never give up

After a brief weekly close higher, BTC and ETH both experienced varying degrees of pullback, with the bears currently in the leading position. In addition, the whale who had previously buy the dips of BTC and ETH also chose to take profits. However, industry insiders and analysts including James Wynn and Arthur Hayes generally believe that it is difficult for the price of BTC to fall below 100,000, and bulls are still full of expectations. In the short term, the air force may have the upper hand, but the military will never give up.

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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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