According to Mars Finance, on November 20th, Hyperinsight monitored the following activity of popular whale on the blockchain over the past 24 hours: Huang Licheng ("Maji") added to his ETH long position with 25x leverage, currently holding a position worth $11.5 million. The opening price was $3002, and the liquidation price was $2936. His ETH long positions were liquidated again last night, with 20% of his position (775 ETH) forcibly closed. Bitcoin whale Owen Gunden deposited his remaining 2,499 BTC into Kraken an hour ago, worth $228 million. Owen Gunden has sold over 11,000 BTC in the past month. The whale address "0x9ee...1daAb," which made over $39.88 million through seven short short since the 1011 flash crash, currently has a cumulative unrealized loss of $19 million on long ETH and XRP positions. Their current positions are as follows: long in ETH, opened at $3,219, with a floating loss of $11.6 million; long in XRP, opened at $2.29, with a floating loss of $7.4 million. Smart money that bought WBTC at the 2022 low of $16,933 continues to sell. Since yesterday, they have sold a total of 176.17 WBTC (approximately $15.799 million), with an average selling price of $89,679, resulting in a profit of $12.815 million. They currently have 280.479 WBTC remaining on-chain, worth $25.73 million. A "gambler" associated with Roobet and Stake.com has had all their ZEC short positions liquidated across four wallets, with total account losses exceeding $10.4 million. They opened a short of $16.75 million in ZEC on November 17th, with a liquidation price of $757. 5,533 ETH ($16.52 million) continued to be transferred from the SharpLink address to the Galaxy Digital OTC wallet. Since early yesterday morning, 10,975 ETH ($33.54 million) have been transferred from the SharpLink address to Galaxy Digital. Despite the ETH price drop, Tom Lee's Bitmine may still be buying ETH. A new wallet, 0x748d, likely related to Bitmine, just received 24,827 ETH (worth $72.52 million) from BitGo.
A summary of on-chain whale movements: "Mochi" was liquidated again and added to its position; a Bitcoin whale with tens of thousands of coins completed its sell-off.
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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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