On January 6, significant whale movements were observed as major players adjusted their crypto portfolios, reflecting a rising risk appetite. The 'Lightning Flip' whale increased long positions in Bitcoin (BTC) and Ethereum (ETH), with total holdings reaching $167 million, despite a floating loss of $680,000. Meanwhile, the well-known 'bankrupt whale' James Wynn expanded his long positions in BTC and PEPE, achieving a floating profit of $820,000. On the short side, a whale who previously sold 255 bitcoins has increased its short position to $225.8 million, resulting in a floating loss exceeding $6 million. Additionally, 'The Shanzhai Air Force vehicle head' has expanded its short position in LIT to $14.1 million, marking the largest short position on the Hyperliquid platform for LIT.