On-Chain Evening Review: Whale Rebalancing Active, Short-Term Moves Stand Out

According to Hyperinsight monitoring, whale activities in both long and short positions were frequent between 10 a.m. and 8 p.m. on January 9, with a clear focus on short-term strategy adjustments.

Long Positions

The 'Flash Reversal' whale took a $2.536 million loss after closing its ETH long position and also reduced BTC long exposure.

The largest PEPE holder secured $963,000 in profit, then re-entered with a $8.7 million PEPE long at 3x leverage.

Another whale saw a $616,000 loss when an ETH long position was stopped out.

Short Activity

The '20 Million Swing Hunter' and the biggest HYPE short seller on Hyperliquid took partial profits on HYPE and XPL shorts.

Swing trader 'pension-usdt.eth' flipped from short to long, taking a 3x leveraged long position on 20,000 ETH.