Hyperliquid Whale Position Map: BTC OG Unrealized Loss Narrows, Air Force Commander Liquidated

【Blockchain Rhythm】On January 22, on-chain data monitoring showed that the holdings of several well-known whale accounts on the Hyperliquid platform have changed, attracting attention.

「BTC OG Insider Whale」Contrary Expansion

This account’s total holdings increased from $630 million to $830 million, becoming the largest long position in ETH and SOL on-chain. Notably, its unrealized losses have been significantly reduced from $47 million to $33 million, demonstrating some bottom-fishing confidence.

Regarding specific holdings, ETH 5x long position is about $670 million, with an average price of $3061.18, liquidation set at $2254, with unrealized losses of $33 million. BTC 5x long position is about $90 million, with an average price of $91,680, with unrealized losses of only $1.68 million.

「Air Force Commander」Encountered a Waterloo

This account, once the largest on-chain BTC short, recently faced $199 million in liquidations, with total holdings dropping from $450 million to $266 million, and account funds retreating over $20 million.

BTC 40x short position is about $140 million, with an average price of $90,375.78, liquidation price just one step away at $91,000, currently with unrealized profit of $1.92 million. ETH 25x short position is about $96 million, with an average price of $3010.63, liquidation at $3092, with unrealized profit of $2.12 million. After liquidation, this short has clearly reduced leverage strategies.

「Strategy Opponent」Steady Operation

This account’s total holdings remain at $365 million, ranking second in on-chain ETH longs. ETH 15x long position is about $200 million, with an average price of $3012.84, liquidation at $2495, with unrealized profit of $2.77 million. BTC 20x long position is about $87 million, with an average price of $89992.98, liquidation set at a deep defense line of $54,000, with unrealized profit of $890,000.

「CZ Opponent」Multi-Asset Layout

Total holdings are $252 million, ranking third among the largest XRP and ETH longs. ETH 15x long position is $170 million, with an average price of $3055.44, unrealized loss of $10 million. XRP 10x long position is $76 million, with an average price of $2.065, unrealized loss of $13 million, reflecting the account’s optimism about the Ripple ecosystem.

「ZEC Largest Short」Holding the Defensive Line

Total holdings are $279 million, making it the largest ETH short on-chain. ETH 15x short position is about $140 million, with an average price of $2861.70, liquidation at $3776, with unrealized profit of $11 million. Currently, this short is highly profitable.

Other Major Holders

The 「pension-usdt.eth」 account has total holdings of $75 million, with an ETH 3x short unrealized loss of $2.18 million. The well-known figure 「Maji」 Huang Licheng’s account has total holdings of $4,300, with an ETH 25x long unrealized profit of $1,300.

Amid market volatility, the adjustments in whale holdings reflect divergent expectations among participants for the future market. The tug-of-war between longs and shorts continues, and frequent liquidation events serve as a reminder for leveraged players to manage risk exposure carefully.