COINOTAG News, citing Coinbob Popular Address Monitoring, notes a shift in on-chain activity among top addresses from Friday to today, reflecting a tactical rebalancing of BTC and SOL exposure. Calm Down Long Opening King exited long BTC and SOL on November 21 after an 8. 49 million USD loss, now holding a BTC short of 41. 72 million USD (unrealized -1. 8m; liquidation ~89, 700) and a SOL short of 30. 89 million USD (unrealized -1. 45m; liquidation ~138). Ultimate Bear’s BTC short sits near 106 million USD, with unrealized profit of 29. 78 million USD and a liquidation price around 92, 000 USD; a roughly 12 million USD withdrawal is anticipated this weekend. 40x Short King has posted gains from a low-point stop-loss BTC short since the 21st, with a 24. 06 million USD exposure and realized profits of 5. 63 million USD (about 938%), plus a 0. 40 million USD leg (571%), and a liquidation price near 113, 000 USD. Hyperliquid’s largest ZEC short was cut on the 21st, then augmented by 2. 83 million USD to reach 37. 70 million USD; unrealized losses hover around 15. 6 million USD with a price drift from 384 to 411 USD. Today, ASTER closed a breakeven long and opened a 1. 22 million USD FARTCOIN long, with unrealized 0. 096 million USD (78%).
https://bitcoinethereumnews.com/bitcoin/bitcoin-btc-dominates-on-chain-activity-as-top-addresses-shift-to-shorts-with-major-btc-short-positions-and-liquidations/