Weekend Whale Activity Overview: Both ETH Bulls Liquidated Nearly $1 Billion in Long Positions and Exited, While Bear Whales Took Profit Successively

February 2nd — According to Coinbob Popular Address Monitoring, Bitcoin tested $75,000 over the weekend while Ethereum (ETH) dropped below $2,400. Bullish on-chain whale positions were nearly wiped out with heavy losses; short-focused whales, meanwhile, continued taking profits and reaping significant gains. Key data follows: - **BTC OG Insider Whale**: Largest on-chain ETH and SOL long positions fully liquidated, with liquidation volume exceeding $700 million. Cumulative losses over the past two weeks total ~$270 million; the address has lost over $128 million since October. - **CZ Opposing Trader**: Former second-largest ETH holder and largest XRP long position holder. ETH and XRP long positions were consecutively liquidated over the weekend, with losses of ~$50.46 million. Last week, the address faced $65.13 million in liquidations; its $260 million long positions are now fully cleared. - **Buddy Huang Licheng**: Despite adding $390,000 in collateral over the weekend, HYPE and ETH long positions were still liquidated, dropping from nearly $20 million to zero. A brief re-opened HYPE long position remains in the red, with the account now holding less than $2,000. - **Ultimate Short**: Closed a large portion of BTC short positions to take profits, earning ~$9.68 million over the weekend. Position size fell from ~$50 million to $14.4 million; current unrealized profit is $6.7 million (931%), plus ~$10 million in funding rate settlement revenue. - **Shanzhai Air Force Leader**: Closed massive short positions on 10+ coins to take profits, cutting position size from ~$40 million to $12.8 million. Overall account unrealized profit is $7.7 million (147%); still holds large short positions in LIT, PUMP, and ASTER. - **Paul Wei**: Current BTC long positions have an unrealized loss of ~16%, accounting for ~30% of total funds. Most funds remain in pending orders; BTC long/short pending order range adjusted to $72,700–$80,800.