Bitcoin (BTC) Whales Lead On-Chain Activity: $406M BTC Long, 500 BTC to Kraken, and 7,003 BTC Sent to CEX in 3 Weeks
BTC/USDT
$17,366,629,629.18
$71,554.95 / $68,531.50
Change: $3,023.45 (4.41%)
-0.0023%
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COINOTAG News, citing Hyperinsight on-chain data, reports notable activity among active crypto whales. The 100% Win Rate Whale (0xc2a) added 140 BTC to his long position five hours ago, lifting the total long exposure to about $406 million. Unrealized loss has narrowed to $8 million from a peak of $18 million.
The 10.11 Flash Crash 25x Long ETH address (0xb9f) continues to hold a $74 million ETH long, with an unrealized profit of about $1.92 million.
The HYPE Listing Insider Whale (0x082e) shows an unrealized profit of $3.57 million in its HYPE long, with a size of $44.84 million. The same address has been adding small XPL longs, but the current XPL long sits at an unrealized loss of $2.78 million (-128%).
Separately, the 1011 Insider Whale moved 500 BTC worth $55.28 million to Kraken last night. In the past three weeks, deposits to centralized exchanges total 7,003 BTC worth about $7.8181 billion.