On-chain Whale Activity Overview: <strong>Buddy</strong> Faces Liquidation Again, Mega Whale of 10,000 BTC Completes Sell-off

BlockBeats News, November 20th, according to Hyperinsight monitoring, the following is a summary of the past 24 hours of on-chain whale activities:

「Buddy」 Huang Lizheng increased his ETH long position by 25x leverage, currently holding a position worth $11.5 million, with an opening price of $3,002 and a liquidation price of $2,936. His ETH long position was liquidated again last night, resulting in a forced liquidation of 20% of his position (775 ETH).

Bitcoin whale Owen Gunden transferred the remaining 2,499 BTC to Kraken an hour ago, worth $228 million. Owen Gunden has sold over 11,000 BTC in the past month.

Since the 1011 flash crash, the whale address "0x9ee...1daAb" has earned over $39.88 million through seven short positions. The address is currently in a long position for ETH and XRP with a cumulative unrealized loss of $19 million. The current positions are as follows: a $184 million long position in ETH with an opening price of $3,219 and an unrealized loss of $11.6 million; a $94 million long position in XRP with an opening price of $2.29 and an unrealized loss of $7.4 million.

The smart money that entered WBTC at the 2019 bottom of $16,933 continues to sell. As of yesterday, they have sold a total of 176.17 WBTC (approximately $15.79 million) at an average selling price of $89,679, making a profit of $12.815 million. They still hold 280.479 WBTC on-chain, worth $25.73 million.

A "gambler" associated with Roobet and Stake.com has had their ZEC short positions in all 4 wallets fully liquidated, resulting in a total account loss of over $10.4 million. They took a $16.75 million ZEC short position on November 17th, with a liquidation price of $757.

5,533 ETH ($16.52 million) continues to be transferred from the SharpLink address to the Galaxy Digital OTC wallet. Since early yesterday morning, a total of 10,975 ETH ($33.54 million) has been transferred from the SharpLink address to Galaxy Digital.

Despite the ETH dip, Tom Lee's Bitmine may still be accumulating ETH. A new wallet, 0x748d, is likely associated with Bitmine — just received 24,827 ETH from BitGo (worth $72.52 million).