On-chain Evening Review: Whales Continue to Increase Holdings, Short-term Volatility May Further Expand

GateUser-6433627c · 2026-01-05T12:48:05+00:00

On January 5th, whale movements showed a significant bullish setup, with one whale transferring 34,244 ETH, and another well-known bankrupt whale increasing their BTC holdings. On the bearish side, one whale held ETH short positions worth $63 million and increased their short positions in BTC and ETH, totaling $170 million.

GateUser-6433627c

2026-01-05 12:48:05

Abstract generation in progress

On January 5th, according to Hyperinsight monitoring, the following are the movements of popular whales with new rebalancing from 10:00 to 20:00:
Bullish camp:

“BTC OG Insider Whale” has transferred 34,244 ETH from CEX to CEX over the past 5 days, approximately $102.82 million. This indicates they may currently hold leveraged trading positions on CEX.
The well-known “Bankrupt Whale” James Wynn increased his BTC long position to $11.54 million, with an unrealized profit of $211,000; still going long on 2.59 million kPEPE with 10x leverage, with an unrealized profit of $591,000.
The “Repeatedly Failing Long Whale” opened long positions on altcoins, with an unrealized profit of $124,000.

Bearish camp:

The swing whale “pension-usdt.eth” increased ETH short positions to $63 million, with an average opening price of $3,136.
The “Lightning Reversal” whale closed BTC short positions with a loss of $11,000, then went long on 757.18 BTC with 20x leverage (approximately $70.36 million).
A certain whale increased BTC and ETH short positions and opened new SOL and SUI short positions, with total positions reaching $170 million.

BTC-1,1%

ETH0,88%

SOL0,39%

SUI-4,23%

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