On January 8, the crypto market witnessed significant adjustments in whale positions. According to Coinbob's address tracking data, several heavyweight accounts updated their holdings, offering insight into the market's potential direction.
BTC OG Whale: Long Position Turns Negative, ETH Leads the Way
The 'BTC OG Whale' saw its floating profit shrink from $27M to $7.8M. Its BTC long position has fallen below the $91,500 average, currently at a $170K loss, without adjustments. However, its ETH long maintains a $4.8M profit at 3.7%, averaging $3,147, with a $660M position, making it the top long on ETH, BTC, and SOL on Hyperliquid.
CZ Counterparty: ETH Long Turns Red
The 'CZ Counterparty' ETH long has shifted to a $1.08M loss, averaging $3,190 with a $18.1M position. Its XRP long holds $84.4M in size but at a $4.62M loss, making it the largest XRP long and second-largest ETH long on Hyperliquid.
ZEC's Biggest Short Squeeze: WLFI Adds, ETH Short Rebounds
'ZEC’s Largest Short' pocketed $1.4M in MON shorts overnight while adding WLFI shorts to $700K at $0.169. Its ETH short reversed to a $2.95M profit at $3,239 average, with a $146M position. It now holds a $183M short portfolio, remaining the top short on ETH, ZEC, and MON.
Rookie Shorter: BTC Shorts Surge Past $8.2M
'Rookie Shorter' added BTC shorts overnight to $8.2M at $91,800 average and DOGE shorts at $162K. It remains the top LIT short on Hyperliquid with $1.44M in size at $2.7 average, currently at a $190K loss.
pension-usdt.eth: ETH Short Faces $800K Loss
The 'pension-usdt.eth' ETH short, leveraged at 3x, is now at a $63.5M position with a $800K floating loss, averaging $3,136 and facing liquidation at $4,547.
Strategy Counterparty: FARTCOIN Short Grows
The 'Strategy Counterparty' has expanded FARTCOIN shorts to $360K. Its BTC short remains at $146M at $91,300 average, with a $220K loss, making it the top BTC short on Hyperliquid, totaling $285M in holdings.