Bitcoin (BTC) Dominates On-Chain Activity as Top Addresses Shift to Shorts with Major BTC Short Positions and Liquidations
BTC/USDT
$24,640,222,422.80
$79,220.72 / $75,700.00
Change: $3,520.72 (4.65%)
+0.0035%
Longs pay
COINOTAG News, citing Coinbob Popular Address Monitoring, notes a shift in on-chain activity among top addresses from Friday to today, reflecting a tactical rebalancing of BTC and SOL exposure.
Calm Down Long Opening King exited long BTC and SOL on November 21 after an 8.49 million USD loss, now holding a BTC short of 41.72 million USD (unrealized -1.8m; liquidation ~89,700) and a SOL short of 30.89 million USD (unrealized -1.45m; liquidation ~138).
Ultimate Bear’s BTC short sits near 106 million USD, with unrealized profit of 29.78 million USD and a liquidation price around 92,000 USD; a roughly 12 million USD withdrawal is anticipated this weekend.
40x Short King has posted gains from a low-point stop-loss BTC short since the 21st, with a 24.06 million USD exposure and realized profits of 5.63 million USD (about 938%), plus a 0.40 million USD leg (571%), and a liquidation price near 113,000 USD.
Hyperliquid’s largest ZEC short was cut on the 21st, then augmented by 2.83 million USD to reach 37.70 million USD; unrealized losses hover around 15.6 million USD with a price drift from 384 to 411 USD. Today, ASTER closed a breakeven long and opened a 1.22 million USD FARTCOIN long, with unrealized 0.096 million USD (78%).