Whales Rotate $73.52M Between Bitcoin, ETH, PAXG and WETH on Jan. 21
Between 10:00 and 20:00 on Jan. 21, several large traders adjusted positions across major crypto assets, Hyperinsight data cited by BlockBeats show. Long-biased whale "pension-usdt.eth" fully closed its Bitcoin long exposure and opened 3x leveraged ETH short positions worth $73.52 million, while another whale with cumulative swing-trading profits of $98.18 million rebuilt a long position of 20,000 ETH. The address described as the largest on-chain PAXG bull took $330,000 in profit on its PAXG longs, cutting position size from $7.3 million to $3.58 million. On the short side, a whale known as "闪电反手" closed ETH shorts for $1.312 million in profit and added to BTC longs, while swing trader nemorino.eth sold 3,000 WETH.