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Contract Whale Watch: 'CZ Whale' Liquidated for $48M, Eugene Re-enters with Stop-loss Set Below $80K

2 hours ago

January 30th, HyperInsight monitoring shows that following the escalation of geopolitical tensions overnight, global risk markets have trended downward. Below is a summary of recent on-chain activity from major contract whales: - The "CZ Opponent Whale" was liquidated as ETH dropped below $2,700, closing a $177 million long position with losses hitting $48.2 million. The whale now holds only ~$66 million in remaining long positions. - Eugene noted he has rebalanced to a reasonably sized position. In this recent wave of market selloffs, even the most resolute bulls appear to have been liquidated. Emotionally, there’s clear evidence of widespread frustration and "surrender-style" liquidations (while many are also calling for further downside). The risk-reward ratio for going long here is attractive, with a clear stop-loss set below $80,000. - Huang Licheng (known as "Buddy Brother") closed his ETH long position 2 hours ago, incurring a $1.584 million loss. He immediately reopened a full-position 25x leveraged long with 700 ETH, at a new average entry price of $2,727.04. - Swing whale "pension-usdt.eth" closed all its 3x leveraged ETH short positions, locking in ~$2.7 million in profits.
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