A glimpse into the movements of major whale: "BTC OG Insider Whale" reports over $4 million in unrealized profits on its ETH long positions; "Ultimate...
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TL;DR
Major whales are actively trading ETH and BTC. 'BTC OG Insider Whale' holds a large ETH long position with over $4 million in unrealized profits, while 'Ultimate Short' has closed some BTC shorts to take profits. Other whales show mixed results with gains and losses.
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Halving TokensLayer 1Smart Contractscryptocurrencywhale tradingETH long positionsBTC short positionsHyperliquid
According to Mars Finance, on December 8th, Coinbob's hot address monitoring showed that "BTC OG Insider Whale" and "pension-usdt.eth" both opened large ETH long positions today. Meanwhile, "Ultimate Short," the largest BTC short whale on Hyperliquid, closed some of its short positions to take profits. Details are as follows: "BTC OG Insider Whale": Currently holding a 5x leveraged ETH long position with a floating profit of $4.46 million (13%), an average price of $3048, a liquidation price of $1801, and a total position size of approximately $170 million. $70 million was transferred in over the past night and this morning for opening new positions, making it the largest ETH long position on Hyperliquid. "pension-usdt.eth": Opened a new 2x leveraged ETH long position at 3 AM today, with a position size of approximately $62.55 million, an average price of $3087, a floating profit of $880,000 (2.8%), and a weekly profit of $6.14 million. "Calm Opening King": In the past two days, his short positions in BTC, ZEC, and SOL have turned from a floating profit of 600,000 to a loss. His current total open interest is approximately $19.09 million, with a total unrealized loss of approximately $930,000. His account balance has decreased from $1.5 million to $540,000. "Ultimate Short": Today, he closed out short positions in BTC worth approximately $2.43 million. His current short position in BTC is approximately $77.04 million, a decrease of nearly $30 million compared to 10 days ago. His unrealized profit is $16.68 million (433%), with a liquidation price of $102,000. Based on funding fees, he has already profited $9.45 million, currently the largest short seller of BTC on Hyperliquid. "Paul Wei": Since November 16th, he has recorded a cumulative profit of $3,600. No new orders have been filled yet. He currently holds a 2x leveraged long position in BTC with an unrealized profit of approximately 5%, representing about 7% of his total $100,000 capital. Most of his funds are still in pending orders. The range for triggering long and short orders for BTC is approximately between $90,700 and $94,400.