Coinbob data reveals that major traders are adjusting positions, with ETH long profits and increased bearish bets, highlighting a trend in the market.
On January 5, Coinbob reported that major traders adjusted their positions, with the ‘BTC OG’ whale holding $815 million in long positions, generating $17 million in unrealized profits. Meanwhile, bearish bets on ETH and altcoins surpassed $20 million, indicating a shift towards increased short interest in the market.