On-chain Evening Review: Longs Facing Pressure as Whales Adopt a Defensive Stance

BlockBeats News, January 26th, according to HyperInsight monitoring, the hot whale movements with new reallocations from 10:00 to 20:00 today are as follows:

Bullish Camp:

The "BTC OG Insider Whale" deposited a $20 million margin, and its new address once again withdrew 11,000 ETH from Binance to deposit into Aave and borrowed $30 million USDT.

The "Lightning Reversal" whale opened long positions on BTC and ETH, with a total position exceeding $29 million.

Bearish Camp:

A whale "cut losses" by selling 400 WBTC to repay a loan, and due to buying high and selling low, has incurred a $51.17 million loss.

The "20 Million Swing Trader" increased short positions on BTC, ETH, and XMR, with an unrealized gain of $14.72 million in the account.