Whale Closes BTC and ETH Long Positions Near Break-Even, Totaling $58.9M

KuCoinFlash

Release Time: 01/22/2026 06:32:48

Summary

Whale activity trading saw a major move as a whale with address 0x61c closed all BTC and ETH longs in 2 hours near support and resistance levels. Positions were opened at 4 AM with BTC longs at $23.02 million and ETH longs at $35.9 million. The whale also holds a 20x leveraged short in SILVER worth $21.2 million, with a $950,000 floating loss.

BlockBeats News, January 22, according to... Hyperinsight Monitoring shows that in the past 2 hours, a whale address starting with 0x61c has closed all its long positions in BTC and ETH. The closing price is close to the average opening price. These long positions were established at 4 a.m. today. Previously, the BTC long position had a notional value of about $23.02 million, with an average opening price of $89,570; the ETH long position had a notional value of about $35.9 million, with an average opening price of $2,976.

In addition, the whale currently holds a 20x leveraged short position in SILVER (Silver Mapping Contract) with a position size of $21.2 million, an average price of $89.64, and a floating loss of $950,000.

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