Whale Rebalancing Trend | December 31st Latest Movements: Bulls Reduce ETH Holdings, Bears Increase BTC Short Positions

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【Blockchain Rhythm】On December 31st, from midday to evening, on-chain whale activities were frequent. According to monitoring data, both bulls and bears were adjusting their positions during this period.

The bulls were quite active. Star investor Huang Licheng reduced his 25x leveraged ETH long position, now holding 8,500 ETH, with an unrealized profit of $119,000. Another “die-hard bull” whale (wallet 0x10a3c) closed their ETH, SOL, UNI, and PUMP longs, and switched to long BTC and FARTCOIN, but this move resulted in a loss of $153,000. It seems the bulls are also re-evaluating their betting strategies.

The bears’ actions were even more aggressive. The “ultimate bear” whale (0x5d2f4) reduced their short position in LIT, with an average entry price adjusted to $2.8. But the real big move was in BTC—they were shorting nearly 500 BTC with 20x leverage, with a betting amount of up to $44.2 million.

Another “altcoin air force leader” pushed the LIT short position higher, making it the largest on-chain LIT short, with a position size of $6.26 million. Additionally, a whale shorted over $70 million worth of BTC with 20x leverage and opened a $16.71 million ETH long hedge, currently with an unrealized loss of $240,000.

From this rebalancing, both sides are adjusting their risk exposure, and market sentiment remains in a tug-of-war.

ETH0,21%
BTC0,03%
SOL0,8%
UNI-1,81%
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TooScaredToSellvip
· 1h ago
Something's not right. At the end of the year, this round of operations... Are the bulls all running? Huang Licheng still has floating profits, but the hardcore brother directly lost 150,000? Feels like something's going to happen. The bears are frantically adding to their short positions on BTC. What are they betting on... This pace is a bit fast; I'm still watching the show. The whales are all changing directions. What should we retail investors do? It's the end of the year, everyone showing their skills, but it seems no one is really confident. Why do the bulls still insist on ETH? Is BTC more attractive? LIT is pulling back, and the bears are adjusting too. It feels like everyone is very cautious. Shorting 500 BTC with 20x leverage—what kind of guts does that take... The bulls reducing ETH positions and shifting to BTC—are they hinting at something? Honestly, I can't quite understand the logic behind this round of operations. End-of-year sprint or risk aversion? The whales are fighting fiercely.
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NotFinancialAdvicevip
· 1h ago
Hmm... Huang Licheng has also started to reduce ETH. Is he trying to run? The whales are panicking at the end of the year, closing positions and dancing around each other, hilarious. A loss of 150,000... this is the fate of chasing hot trends like FARTCOIN, brother. The bears are still stubbornly holding onto BTC, using 20x leverage—do they really want to go bankrupt? From bullish to bearish, it feels like the entire market is throwing a tantrum🤔
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ImpermanentPhilosophervip
· 2h ago
Are the whales starting to get anxious as the year ends? Losing 150,000 and then turning around—this move is really sharp. Are the bulls also running? Then the bears must be really confident. I've been watching Huang Licheng reduce his positions; even the big players are afraid of long nights and many dreams. Closing positions on BTC and going long on FARTCOIN—this choice is a bit bold, definitely out of spite. 500 BTC short positions—that's a fierce bet. The New Year is really bringing turbulence. Still messing around on the last day of the year—this pace is a bit intense. Losing 150,000 but still turning to go long—mentally, that's okay. The bears are so fierce—are they truly bearish or just bluffing? Is ETH reducing positions rational or just giving up? This signal needs to be analyzed carefully. Whales clearing out at the end of the year to迎新年? This rhythm feels off. If this mutual probing continues, everyone should prepare for big volatility.
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