On-chain Night Recap: ETH Short Position Floating P/L Exceeds $11 Million, Another Whale Exits Position

BlockBeats News, December 29th, according to Hyperinsight monitoring, the hot whale movements with new repositioning from 10:00 to 20:00 today are as follows:

Bull Camp:

The "30 Longs, A Battle of Many Defeats" actively opened long positions in the morning (NEAR/ETH/HYPE), continuously rolled positions in the afternoon to increase the HYPE long position by more than 58,000 tokens, but gradually closed SEI (take profit), ETH (take profit), NEAR (stop loss) before the closing bell.

The "Buddy Huang" added 40,000 HYPE long positions in the afternoon and slightly increased the position. The total position size is about $1.3 million, with a short-term bullish view on HYPE. All stop-loss orders were fully closed within the past hour.

The "On-chain Lighter Maximum Bull" set up multiple high-level take-profit orders in the LIT contract (target>$4.1), experiencing paper losses but still holding firmly without reducing the position.

Bear Camp:

The "ZEC Maximum Bear" opened a new FARTCOIN short position of 3.26 million tokens in the morning, and increased the ETH short position in the afternoon (with a position size exceeding $133 million and a floating profit of over $11 million), becoming the largest ETH short position.

The "Long Liquidation to Short Whale" took profit from the SOL short position, gaining $58,300, and currently still holds heavy positions in BTC/ETH short positions (with a total size exceeding $123 million).

Whale Liquidation and Exit:

The "pension-usdt.eth" successively reduced the ETH short position in large amounts 6 times, then liquidated and exited with high-level stop-loss (accumulated loss of $2.51 million), with some shorts exiting during the volatility.