After taking profits, the whale went into a short position, opening a 13,000 $ETH (worth approximately $29 million) short position with 20x leverage.
According to Lookonchain, despite the market downturn, whales are still buying $BTC. In the last 24 hours, 9 newly created wallets purchased 1,900 $BTC (worth $148 million) from Galaxy Digital.
According to Lookonchain, legendary investor dimethyltryptamine.eth, who once bought 5.9 trillion $PEPE tokens by spending only 0.125 $ETH (approximately $251) and had an unrealized profit of around $100 million, purchased an additional 45.08 billion $PEPE tokens worth approximately $206,500 after the Binance hacker sold all of his $PEPE assets.
The large whale “58bro.eth (0x58bro)” sold 8,000 $ETH following the Binance hack news. After recovering over $17.96 million worth of $ETH from Aave, he transferred his funds in installments to OKX and has since withdrawn $10.5 million $USDT from the exchange to pay off his loans. Currently, the address still holds 4,911.05 WETH as collateral on Aave, with a debt of $2.51 million $USDT.
Finally, according to TradingBeats data, $BNB, after falling as low as $670.1 in Hyperliquid in the morning, recovered by 6.8% to rise to $715.8. However, its loss over the last 24 hours is still at 5.2%. At this point, during the market downturn, many large investors intensified their $BNB positions.
While the long position is prominent among large investors, seven major accounts hold a total of $12.07 million in long positions, compared to $3.24 million in short positions held by three accounts. Additionally, some large investors appear to have closed their short positions and moved into long positions.
*This is not investment advice.
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