Whale Movement Update: Bulls suffer 1.32 million consecutive losses, bears turn around with a profit of 210,000

【Block Rhythm】On-chain monitoring data shows that between 10:00 and 20:00 today, several heavyweight traders’ position adjustments have attracted much attention.

The bulls are a bit embarrassed. A leading whale’s Bitcoin and Ethereum long positions, opened this morning, both triggered stop-loss orders, with a total position size of approximately $58.9 million. Just as they were about to turn the tide, it all fell apart. Even more heartbreaking is the persistent trader who has failed 30 times but keeps trying—this week, they suffered losses on Bitcoin longs again, closing all positions to cut losses, with a weekly loss of $1.31 million—this persistence is a bit costly.

The bears, on the other hand, are gaining momentum. A trader nicknamed “Strategy Opponent” has started increasing DASH short positions, using 5x leverage to short 107,986 DASH. They are now the largest DASH short position on the Hyperliquid platform. Meanwhile, veteran trader “Lightning Reversal” executed a clean close of ETH longs, directly earning $216,800 in profit.

In this market rally, both longs and shorts are competing fiercely.