Contract Whale Watch: "CZ Whales Rekt" for $48M, Eugene Re-enters with Stop-Loss Set below $80K

BlockBeats News, January 30th, according to HyperInsight monitoring, along with the escalation of geopolitical tensions last night, the global risk market has been declining all the way. Here is an overview of the recent on-chain activities of popular active contract whales:

· The "CZ Opponent" was liquidated in the ETH drop below $2700, with a value of $177 million in long positions, resulting in a loss of up to $48.2 million. Currently, the long position has only about $66 million remaining;

· Eugene stated that he has redeployed a position of relatively reasonable size. In this recent round of continuous attacks on the market, it seems that even the most steadfast bulls have been washed out. Emotionally, there is a clear indication of a significant amount of frustration and surrender-style liquidation (along with many calls for lower prices). The risk-return ratio of being long here is quite good, with a very clear stop-loss level set below $80,000.

· "Brother Mahjong" Huang Licheng closed his ETH long position two hours ago, with a loss of $1.584 million, and immediately reopened a 25x leveraged full position long with 700 ETH, with an average entry price of $2727.04.

· The swing whale "pension-usdt.eth" closed all of its 3x leveraged ETH short positions, realizing a profit of approximately $2.7 million.