On-chain Activity Overview: Bullish whales increase ETH and BTC holdings, while bears clear positions with significant losses

【Blockchain Movement】On December 30th, according to on-chain monitoring data, several key whale rebalancing actions occurred between 10:00 AM and 9:00 PM today.

The bullish side’s activity is quite aggressive. The wallet known as “BTC OG Insider Whale” transferred another 112,894 ETH to a major exchange, which is approximately $332 million at current prices. This is already part of recent frequent activity. Meanwhile, well-known investor Huang Licheng continues to perform low-buy high-sell operations on ETH, with a recent take-profit target of $2,980. His 25x leveraged long position has also increased to 8,500 ETH—such positioning usually indicates strong confidence in the market’s future direction. Additionally, another whale closed a 40x leveraged long position of 150 BTC, realizing a profit of $13.18 million.

The short side hasn’t had it easy either. A whale address starting with 0x94d37 completely liquidated $271 million in short positions, incurring a loss of $180,000 on this trade. Even more, a whale deposited 4.35 million USDC into a derivatives platform to open a 1x leveraged short position on LIT, becoming the largest short in the on-chain LIT market. Such one-sided bets often reflect a clear judgment on the asset’s price trend.

From the data, both bullish and bearish movements are releasing the true attitudes of market participants toward the current market conditions.