BlockBeats News, on February 2nd, according to... Coinbob Hot Address Monitoring Bitcoin dropped to $75,000 over the weekend, and ETH fell below $2,400. The "bullish" whale camp on-chain has been almost completely wiped out, suffering heavy losses; while the whales focused on shorting have been continuously taking profits, reaping substantial gains. The specific data is as follows:
"BTC OG Insider Whale": On-chain ETH and SOL largest long positions have been completely liquidated, with liquidation amount exceeding $700 million. The cumulative loss in the past two weeks is approximately $270 million, and the address has incurred cumulative losses of over $128 million since trading began in October.
"CZ Opponent Portfolio": Originally the second-largest ETH and largest XRP long position, its ETH and XRP long positions were liquidated consecutively over the weekend, resulting in losses of approximately $50.46 million. It had already been liquidated for $65.13 million last week, and now its $260 million long positions have been wiped out.
"Magic" Huang Li-cheng: Although an additional $390,000 in margin was added over the weekend, his long positions in HYPE and ETH were still liquidated, wiping out a position worth nearly $20 million. After briefly re-entering long positions in HYPE, he still incurred losses, and his account now holds less than $2,000.
"Ultimate Short Seller": BTC short positions have been significantly closed for profit-taking, generating approximately $9.68 million in profits over the weekend. The position size dropped from around $50 million to $14.4 million, with a current floating profit of $6.7 million (931%). Additionally, funding fee settlement gains amounted to roughly $10 million.
"Shanzhai Airforce Frontline": Taking large profits on multiple tokens, resulting in a significant reduction in short positions. The portfolio size has dropped from approximately $40 million to $12.8 million, with an overall floating profit of $7.7 million (147%). Currently, large short positions are still held in LIT, PUMP, and ASTER.
"Paul Wei": The current BTC long position is floating at a loss of about 16%, with the position accounting for approximately 30% of the total capital. Most of the capital remains in pending orders, and the BTC long and short pending order range has been adjusted to between $72,700 and $80,800.