Recent whale activity indicates a shift towards defensive positioning, with significant changes in portfolio strategies. A major whale closed its BTC and ETH long positions at breakeven, previously valued at approximately $58.9 million. Another whale, known for its aggressive long positions, liquidated BTC holdings, incurring a weekly loss of $1.31 million.
On the short side, a whale identified as "Strategy Counterparty" has significantly increased its short position in DASH, shorting 107,986.36 DASH with 5x leverage, marking the largest DASH short position on Hyperliquid. Additionally, a whale dubbed "Lightning Counterstrike" liquidated an ETH long position, securing a profit of $216,800.
Whale Activity Shows Defensive Moves, DASH Short Positions Rise
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