Evening On-Chain Recap: Whale Remain Inactive, Bull-Bear Battle Temporarily Subsides

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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 December 31st:

Bullish camp:

Huang Licheng, known as "Machi Big Brother," reduced his ETH long position by 25x leverage to 8,500 tokens, with a floating profit of $119,000.

The "die-hard bull" whale (0x10a3c) has closed out its long positions in ETH, SOL, UNI, and PUMP, and is currently experiencing a floating loss of $153,000 on long in BTC and FARTCOIN.

Short sellers:

The "ultimate short"whale(0x5d2f4) reduced its short position in LIT, lowering the average entry price to $2.8; it still short 499.9 BTC with 20x leverage, worth approximately $44.2 million.

The "fake short seller" has increased its short position in LIT to $6.26 million, making it the largest short seller of LIT on the blockchain.

A whale, known for its "long-to-short" strategy, short$70.72 million worth of BTC with 20x leverage and has opened a $16.71 million long to hedge its position, resulting in a total unrealized loss of $240,000.

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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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