[Whale Position Dynamics During Christmas: Significant Losses for ETH Longs, BTC Shorts Floating Profit Exceeds 500%]
On December 25, Coinbob data revealed that most whales showed no new movements during the Christmas holiday. The 'BTC OG Insider Whale' account reported a total floating loss of approximately $49 million, primarily from ETH long positions, with a floating loss of $41.21 million at an average price of $3,147 and a position size of approximately $603 million. The 'CZ Counterparty' ETH long position showed a floating loss of $13.8 million, while XRP long positions had a floating loss of $16.59 million, bringing the total floating loss to $30.42 million. The 'Ultimate Short' BTC short position recorded a floating profit of $12.02 million, with a liquidation price of $102,000, and a cumulative closed position size of approximately $57 million this month. The 'Altcoin Short Army Leader,' focused on shorting, held positions totaling approximately $23.05 million and recently fully closed positions in 8 tokens, recording $83.14 million in profits over two months.
