On-chain whale holdings in major movements: BTC short positions surge, ETH bulls under pressure

【Block Rhythm】According to on-chain address monitoring data from the Hyperliquid platform, on January 8th, several large holders experienced significant account changes.

The address labeled “BTC OG Insider Whale” saw a substantial narrowing of its total floating profit, dropping from $27 million to $7.8 million. This address mainly bets on ETH long positions, with a current floating profit of $4.8 million, an average holding price of $3,147, and a scale of about $660 million. However, its BTC long positions have fallen below the cost basis of $91,500, with a floating loss of $170,000, and a total account holding of approximately $806 million. This address is currently among the top three ETH, BTC, and SOL long positions on Hyperliquid.

Another key account, “CZ Opponent,” faced a reverse operation dilemma. Its ETH long positions shifted from profit to loss, with a floating loss of $1.08 million, a holding scale of $181 million, and an average price of $3,190. At the same time, this address also holds large XRP long positions worth $84.4 million, currently with a floating loss of $4.62 million. This address is the largest XRP long holder on Hyperliquid.

In the short position camp, the “ZEC Largest Short” address has been continuously adjusting its holdings. Recently, it took profits on about $1.4 million worth of MON shorts and increased WLFI shorts, now totaling about $700,000. Notably, its ETH short position has turned profitable, with a floating profit of $2.95 million, a holding scale of $146 million, and an average price of $3,239. The total short position of this address is about $183 million, making it the largest short holder of ETH, ZEC, and MON on the platform.

The most notable change comes from the “Shanzhai Air Force Leader.” This address has been continuously increasing its BTC short positions, now reaching $8.2 million, with an average price of $91,800. Its DOGE short position is about $1.62 million, with an average price of $0.147. This address remains the largest short holder of LIT tokens on Hyperliquid, with a position of about $14.4 million, currently with a floating loss of $1.9 million.

Additionally, the “pension-usdt.eth” account has opened a 3x leveraged ETH short position, currently with a floating loss of $800,000, a holding scale of $63.5 million, and an average price of $3,136, with a liquidation price set at $4,547.

The “Strategy Opponent” continues to increase its FARTCOIN short positions, now totaling $360,000. Its main holdings are BTC shorts, worth about $146 million, with an average price of $91,300, a floating loss of $220,000, and it has risen to the position of the largest BTC short whale on Hyperliquid, with a total account holding of $285 million.