On-chain Whale Movements Overview: "Machi" ETH Long Positions Reduced to "Ant-sized Holdings", Bitmine-related Addresses Continue Accumulating

BlockBeats News, November 24, according to Hyperinsight monitoring, here is an overview of the most active on-chain whale movements in the past 24 hours:

"Machi Big Brother" Jeff Huang reduced his 25x leveraged ETH long position this morning, and now only holds an "ant position" of 1 ETH, valued at $2,840. Over the past week, his ETH long positions have lost $1.39 million, and over the past month, losses have reached $6.8 million, bringing his total account loss to $18.56 million.

The AAVE whale who was partially liquidated during the flash crash on 10/11 increased holdings by 24,000 AAVE today (worth about $4 million). This address now holds a total of 276,000 AAVE at an average price of $165.

Address "0x184" deposited 1 million USDC into HyperLiquid and opened a 25x leveraged ETH long position. The opening price was $2,799.01, liquidation price $2,628.69, and the position size reached 4,685 ETH.

The 1inch team increased their holdings by $4.785 million worth of 1INCH over the past two days, at an average cost of $0.184. The team's total 1INCH holdings have now grown to 119 million tokens, valued at $21.74 million.

"Calm Order King" reduced his ZEC short position by $2.6 million, with the overall short position floating loss expanding to $4.05 million. Current holdings include a $41.74 million BTC short with a floating loss of $1.84 million and a liquidation price of $89,018; a $30.97 million SOL short with a floating loss of $1.51 million and a liquidation price of $136.73; an $11.31 million XRP short with a floating loss of $690,000 and a liquidation price of $2.22; and a $4.11 million ZEC short with a floating loss of $10,000 and a liquidation price of $684.55.

A new wallet possibly related to Bitmine received 21,537 ETH from FalconX yesterday, valued at $59.17 million.