On-chain Evening Recap: Whale Rebalancing Shows Defensive Stance, Increase in Short Positions

BlockBeats News, January 22, according to HyperInsight monitoring, the hot whale movements with new repositioning from 10:00 to 20:00 today are as follows:

Bull Camp:

A whale closed its BTC and ETH long positions opened this morning to break even, with a previous total position size of approximately $58.9 million.

The "30 Longs' Defeat" whale liquidated its BTC long position with a stop-loss after multiple failures, resulting in a weekly loss of $1.31 million.

Bear Camp:

The "Strategy Counterparty" increased its DASH short position, shorting 107,986.36 DASH with 5x leverage, currently the largest DASH short on Hyperliquid.

The "Lightning Reversal" whale closed its ETH long position, realizing a profit of $216,800.