Whale Trader's "Buy the Dip" Strategy Keeps Increasing Long Positions in BTC and ETH, Total Position Size Reaches $272 Million
**January 19 – Per Coinbob Popular Address Monitoring, the "Strategy Whale" address (0x94d) has ramped up BTC and ETH long positions over the past few hours, pushing its total position value to $272 million. The positions were opened just over two hours ago.**
**Key position breakdown:**
- 15x ETH long: ~$221M position value, avg. entry $3,213, unrealized loss ~$240k
- 20x BTC long: ~$43.7M position value, avg. entry $93,000, unrealized loss ~$30k
**Earlier today, the address was liquidated amid market volatility, posting losses of over $15.3M across three major cryptos. It then bottom-fished with 20x leverage to open BTC/ETH longs, with related positions briefly hitting $53M. All these longs were closed around 3 PM ET today, marking another dip-buy attempt.**
**The address began accumulating assets in December 2023 with an initial account size of ~$20M, then gradually built short positions on mainstream coins like BTC/ETH. Market watchers peg it as a clear "on-chain count
4 minutes ago
A new address withdrew $25 million from a CEX, borrowing 400,000 HYPE coins.
On January 19, Onchain Lens monitoring shows a newly created address withdrew 25 million USDT/USDC from Binance and OKX, deposited 5 million USDC into HyperLiquid, supplied 20 million USDT to HyperLend, and borrowed 400,000 HYPE.
Additionally, the whale has transferred 5 million USDC to HyperLiquid’s spot trading platform.
4 minutes ago
Merciless Backstab of Hyperliquid, Trove Operations Team Accused of Iranian Background
On January 19, Trove—a project planning to build a perpetual contract DEX focused on leveraged trading of non-traditional assets like collectibles, real-world assets (RWAs), stocks, and prediction markets—originally launched on the Hyperliquid ecosystem and completed an ICO earlier this month, raising roughly $11.5 million.
During this period, the community flagged controversies including claims that the project paid KOLs for promotion (with funds flowing to an entertainment platform’s deposit address) and that the ICO fundraising deadline was repeatedly changed.
Recently, the project abruptly announced it was ditching the Hyperliquid route to rebuild its entire perp DEX on Solana. At the same time, the Trove team began dumping HYPE. Facing community outrage, the official explanation was that a liquidity provider (LP) closed a 500,000 HYPE position due to "recent negative sentiment," which altered the project’s trajectory.
Amid these eyebrow-raising moves, blockchain analyst @
4 minutes ago
「Battle-Profit God」 Take-Profit Close BTC Long and Immediately Long ETH
January 19th, per monitoring from HyperInsight (Telegram: @HyperInsight), the "Battle King" trader closed a 40x-leveraged long position of 73.49 BTC for a profit of $6,063, then immediately went long on 249.23 ETH with 20x leverage at an average price of $3,210.2.
The wallet address has executed 176 transactions: only 4 of these resulted in a total loss of $5,191.12, while the remaining 172 were all closed with realized profits, yielding a total account profit of $345,700.
4 minutes ago
ETHGas: Airdrop Snapshot Completed, Airdrop Query Will Open Tomorrow at 9:00 PM
On January 19, the ETHGas Foundation announced that the GWEI airdrop snapshot has been completed. The snapshot was captured at 08:00 on January 19, 2026.
Next steps include:
- Airdrop eligibility checks opening at 21:00 on January 20
- Community airdrop distribution launching at 21:00 on January 21
Eligibility is based on two criteria:
1. Historical gas consumption on the Ethereum mainnet
2. Social and community engagement with the Gasless Future project
The foundation stressed that eligible users must meet specific historical gas consumption thresholds (tracked via Gas ID to monitor Ethereum mainnet gas spending). They also need to join key community activities, including sharing their Gas ID on X and participating in social actions tied to the Open Gas Initiative.
4 minutes ago