On-chain Evening Review: Whales Show Significant Activity, Is the Consolidation Continuation Leading to Divergence?

2026-01-04 12:45:44

Abstract generation in progress

On January 4th, according to Hyperinsight monitoring, the following are the movements of popular whales with new rebalancing from 10:00 to 20:00:
Bullish camp: The well-known “bankrupt whale” James Wynn is long on PEPE with a one-week unrealized profit of $480,000, and has opened a new 40x leveraged BTC long position, with a holding size of $5.06 million. After closing a ETH long position with a loss of about $470,000, a certain whale switched to long PEPE, with a position of $12.8 million, becoming the largest on-chain PEPE long.
Bearish camp: The swing whale “pension-usdt.eth” entered a short position on ETH, with an average entry price of $3,142.76. The Paradigm-related address unstaked 16,000 ETH and transferred all to CEX. A certain whale increased its BTC and ETH short positions, with a total holding value of $109 million.

PEPE-0.68%

BTC1.54%

ETH0.96%

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