Market Update: Whale Activity Intensifies

On January 16, data from Coinbob's address tracking showed significant movements among major whale accounts, signaling a heated market phase.

BTC OG Insider Whale Shines

A well-watched BTC OG insider whale has accumulated a floating profit of $45 million. Its primary holdings focus on ETH long positions, with a profit of $34.5 million at an average price of $3,147, representing a total position size of approximately $670 million. Additionally, the whale holds long positions in BTC and SOL, bringing the total portfolio value to around $843 million. It currently leads ETH and SOL long positions on Hyperliquid, with holdings exceeding 30 days.

New Whale Entries Signal Market Shifts

  • The CZ Counterparty has gained $7.1 million in ETH long profits at an average price of $3,190, with a total position size of about $190 million.

  • Its XRP long position remains underwater, with an $8.3 million loss on a $80.6 million investment.

  • The account's total position size is around $276 million, making it the largest XRP long holder and second-largest ETH holder on Hyperliquid.

Bearish Moves Across the Board

  • The ZEC top short-seller closed its MON short position and increased its WLFI short position to $2.7 million at an average price of $0.1694.

  • The account's total short exposure is approximately $170 million, and it remains the largest ETH short holder on-chain.

  • The Altcoin Bear Express took profits on LIT and XPL shorts. The LIT short has a $3.2 million profit on a $6.7 million position, while the XPL short shows a $330,000 gain on a $1.46 million investment. Total short exposure stands at around $51 million.

New Bulls Enter the Arena

  • pension-usdt.eth has been accumulating BTC longs with 3x leverage over the past 2 hours, adding 802 BTC worth approximately $76.7 million at an average price of $95,600.

  • Strategy Counterparty opened a new BTC long position with 20x leverage over the past 3 hours, acquiring 20.9 BTC worth $2 million at $95,700.

  • The account holds a total long exposure of $257 million across BTC, ETH, and SOL, currently facing a $4.2 million floating loss.