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

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.