BlockBeats News, January 23 — According to HyperInsight monitoring, the “Lightning Reversal” whale (0x50b30) closed a short position of 354.87 BTC at 13:29, with a profit of $53,000. Currently, there are no holdings in the address, remaining on the sidelines.
The address switches between long and short positions very quickly; it is common to immediately open large positions in the opposite direction after closing a position.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Glassnode: The selling pressure of long-term BTC holders is weakening
ChainCatcher reports that, according to Glassnode charts, after months of continuous net selling, the net position of Long-Term Holders (LTH) is now beginning to stabilize. This indicates that as Bitcoin prices stabilize, the selling pressure from experienced holders is easing. Resistance in BTC supply remains, but the intensity of selling is weakening.
GateNews6m ago
Bitcoin, Ethereum, XRP Rally as ETF Inflows Hit $458M Amid Strait of Hormuz Crisis
Key Takeaways
Bitcoin jumps 3.5% as ETF inflows reach $458M
Ethereum climbs near $1,966 amid market rebound
XRP trades at $1.36 despite regional tensions
Crypto cap hits $2.33T during oil route crisis
ETF demand boosts BTC, ETH, and XRP prices
Crypto markets rebounded sharply as geopolitical t
CryptoBreaking10m ago
Bitcoin Is Holding $65K Support and Eyeing $75K–$80K Before March Ends
Bitcoin is finally maintaining its position after months of effort. On March 3, 2026, prominent crypto expert Michaël van de Poppe showed a nuanced perspective on social media. Bitcoin was above $65,000 and approaching range resistance, therefore he expected an upward breakout. What was his goal?
BlockChainReporter11m ago
Three newly created wallets received 1,298.46 bitcoins from BitGo, approximately worth 86.4 million US dollars.
ChainCatcher News: According to on-chain analysis platform monitoring, three newly created wallet addresses received a total of 1,298.46 Bitcoins from Bitcoin custody service provider BitGo, equivalent to approximately $86.4 million.
GateNews25m ago
