- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
Earn- More
Weekend Whale Activity Overview: Both ETH Bulls Liquidated Nearly $1 Billion in Long Positions and Exited, While Bear Whales Took Profit Successively
BlockBeats News, February 2nd, according to Coinbob Popular Address Monitoring, Bitcoin tested $75,000 over the weekend, and ETH dropped below $2,400. The on-chain "bullish" whale camp was almost completely wiped out, suffering heavy losses; whales focusing on shorting continued to take profit, reaping significant gains. The specific data is as follows:
“BTC OG Insider Whale”: The on-chain ETH and SOL largest long positions were completely liquidated, with a liquidation scale exceeding $700 million. The cumulative loss in the past two weeks was about $270 million, and the address has accumulated a loss of over $128 million since October.
“CZ Opposing Trader”: The original ETH second largest holder and XRP largest long position holder, saw consecutive liquidations of ETH and XRP long positions over the weekend, with losses of about $50.46 million. Last week, they were liquidated for $65.13 million. Their $260 million long position is now at zero.
“Buddy” Huang Licheng: Despite adding $390,000 in collateral over the weekend, their HYPE and ETH long positions were still liquidated, with the position liquidated from nearly $20 million to zero. After briefly reopening a HYPE long position, it is still at a loss, with the account now having less than $2,000.
“Ultimate Short”: Closed a significant amount of BTC short positions to take profit, with a weekend profit of about $9.68 million. The position size decreased from about $50 million to $14.4 million, currently having an unrealized profit of $6.7 million (931%), and a funding rate settlement revenue of about $10 million.
“Shanzhai Air Force Leader”: Closed large short positions on more than ten coins to take profit, with the position size decreasing from about $40 million to $12.8 million, with an overall account unrealized profit of $7.7 million (147%). They currently still hold large short positions in LIT, PUMP, and ASTER.
“Paul Wei”: The current BTC long positions have an unrealized loss of about 16%, accounting for about 30% of the total funds. Most of the funds are still in pending orders, and the BTC long and short pending order range has been adjusted to $72,700 to $80,800.
You may also like
Canadian Regulator Establishes Stricter Crypto Custody Standards to Mitigate Losses
Key Takeaways: The Canadian Investment Regulatory Organization (CIRO) introduces a Digital Asset Custody Framework aimed at enhancing the…
Bitmine Chair Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Scrutiny
Key Takeaways Bitmine chairman Tom Lee defends the company’s Ethereum treasury strategy amid market downturns, citing long-term planning.…
Aave Goes All-In on DeFi, Shuts Down Avara Brand and Family Wallet
Key Takeaways Aave is consolidating under Aave Labs, phasing out the Avara brand and Family wallet. The shift…
American ‘Big Short’ Investor Michael Burry Warns of $1B Precious Metals Catastrophe if Bitcoin Keeps Slipping
Key Takeaways Michael Burry predicts a significant sell-off in precious metals if Bitcoin prices continue to decline. Bitcoin’s…
Best Crypto to Buy Now February 3 – XRP, PEPE, Dogecoin
Key Takeaways The crypto market recently saw a significant decline, considerably affecting Bitcoin and revealing the ecosystem’s dependency…
We Hacked Elon’s Grok AI to Predict the Price of XRP, Solana, and Bitcoin By the End of 2026
Key Takeaways Grok AI predicts significant bullish trends for XRP, Solana, and Bitcoin by 2027. XRP is projected…
Solana Price Prediction: RSI Screams Oversold at $100 – Is the Market About to Snap Back Hard?
Key Takeaways Solana’s RSI indicates an oversold condition, signaling a potential upward swing from the $100 level. Historical…
Vitalik Buterin Engages as Developers Add Frame Transactions to Ethereum’s Upcoming Upgrade
Key Takeaways: Ethereum developers are contemplating Frame Transactions as a headline feature in the upcoming Hegota upgrade, with…
Crypto Price Predictions for 3 February – XRP, Solana, and Pi Coin
Key Takeaways February is historically a strong month for Bitcoin, suggesting potential recovery for altcoins following a challenging…
Cathie Wood’s Ark Invest Ventures Into Crypto Dip With Strategic Bitmine and Circle Acquisitions
Key Takeaways Ark Invest’s Strategic Purchases: Cathie Wood’s Ark Invest capitalizes on a crypto slump by investing in…
Nevada Moves to Block Coinbase Prediction Markets Post-Polymarket Ban
Key Takeaways: Nevada regulators have lodged a civil complaint against Coinbase to halt its prediction markets. The state’s…
Asia Market Open: Bitcoin Decreases 3% To $76K As Asian Markets Follow U.S. Tech Selloff
Key Takeaways Recent market shifts saw Bitcoin decrease by 3% to $76,000 amid a broader tech sector decline…
Untitled
I’m sorry, but I’m unable to rewrite the article without the original text or content to reference. Could…
Moscow Exchange Plans Solana, Ripple, and Tron Futures as Crypto Index Suite Expands
Key Takeaways Moscow Exchange is set to broaden its cryptocurrency offerings by introducing futures for Solana, Ripple, and…
Bitcoin Price Prediction: Binance Acquires $100M BTC – Preparing $1 Billion Further Investment
Key Takeaways Binance is undertaking a $1 billion accumulation strategy, starting with a $100 million Bitcoin purchase. Their…
XRP Price Prediction: Ripple Backs the Tokenization of $280M in Diamonds on XRPL
Key Takeaways Ripple plans to enhance diamond investment accessibility by tokenizing $280 million worth of diamonds on the…
Galaxy Analyst Warns Bitcoin Could Drop to $63K Due to Ownership Gap
Key Takeaways Bitcoin faces a potential drop to $63,000 due to a significant gap in onchain ownership identified…
Cardano Price Forecast: ADA Reaches Critical Level That Previously Triggered Explosive Rallies—Will It Happen Again?
Key Takeaways: Cardano, after a significant liquidation event, is retesting a critical historical support level, creating an opportunity…
Canadian Regulator Establishes Stricter Crypto Custody Standards to Mitigate Losses
Key Takeaways: The Canadian Investment Regulatory Organization (CIRO) introduces a Digital Asset Custody Framework aimed at enhancing the…
Bitmine Chair Tom Lee Brushes Off ETH Treasury Losses, Questions ETF Scrutiny
Key Takeaways Bitmine chairman Tom Lee defends the company’s Ethereum treasury strategy amid market downturns, citing long-term planning.…
Aave Goes All-In on DeFi, Shuts Down Avara Brand and Family Wallet
Key Takeaways Aave is consolidating under Aave Labs, phasing out the Avara brand and Family wallet. The shift…
American ‘Big Short’ Investor Michael Burry Warns of $1B Precious Metals Catastrophe if Bitcoin Keeps Slipping
Key Takeaways Michael Burry predicts a significant sell-off in precious metals if Bitcoin prices continue to decline. Bitcoin’s…
Best Crypto to Buy Now February 3 – XRP, PEPE, Dogecoin
Key Takeaways The crypto market recently saw a significant decline, considerably affecting Bitcoin and revealing the ecosystem’s dependency…
We Hacked Elon’s Grok AI to Predict the Price of XRP, Solana, and Bitcoin By the End of 2026
Key Takeaways Grok AI predicts significant bullish trends for XRP, Solana, and Bitcoin by 2027. XRP is projected…
App