On-chain Night Recap: Whale Activity Picks Up Significantly, Will the Consolidation Continue or Deepen the Divide

BlockBeats News, January 4th, according to Hyperinsight monitoring, the hot whale activities of new repositioning from 10:00 to 20:00 today are as follows:

Bull Camp:

Renowned "Bankruptcy Whale" James Wynn went long on PEPE, with a weekly unrealized gain of $480,000, and opened a new 40x leveraged BTC long position, with a position size of $5.06 million.

A whale closed an ETH long position with a loss of approximately $470,000, then switched to long on PEPE, with a position size of $12.8 million, becoming the largest on-chain PEPE bull.

Bear Camp:

Swing whale "pension-usdt.eth" entered a short position on ETH at an average entry price of $3,142.76.

A Paradigm-related address unstaked 16,000 ETH and transferred all to Coinbase.

A whale increased its short positions on BTC and ETH, with a total position value of $1.09 billion.