On-chain Evening Review: Whales Show Significant Activity, Divergence Emerges on Whether Consolidation Will Continue

BlockBeats News, January 4, according to Hyperinsight monitoring, the following are the latest moves of popular whales with new position adjustments from 10:00 to 20:00 today:

Bullish camp:

The well-known "bankrupt whale" James Wynn made a profit of $480,000 in one week by going long on PEPE, and newly opened a 40x leveraged BTC long position, with a position size reaching $5.06 million.

A certain whale, after closing an ETH long position at a loss of about $470,000, switched to going long on PEPE, with a position reaching $12.8 million, becoming the largest PEPE bull on-chain.

Bearish camp:

The swing whale "pension-usdt.eth" entered a short position on ETH, with an average entry price of $3,142.76.

An address associated with Paradigm unstaked 16,000 ETH and transferred all of it to an exchange.

A certain whale increased their BTC and ETH short positions, with a total position value reaching $109 million.