On-chain whale monitoring: Bullish whales turn losses into profits, altcoin short sellers increase LIT short positions

【Block Rhythm】On-chain data tracking shows that recent major whale addresses have experienced significant changes in their holdings, reflecting a divergence in market participants’ views on different cryptocurrencies.

The highly watched “BTC OG Insider Whale” account turned profitable this morning, with a total unrealized profit of $1.5 million, hitting a recent high. This address mainly bets on ETH long positions, totaling approximately $640 million, with an average price of $3,147. Although it has an unrealized loss of $59,000, the SOL long position performed well, contributing an unrealized profit of $1.8 million (average price $130). The overall holdings have surpassed $799 million, making it the absolute leader on the Hyperliquid platform’s ETH, BTC, and SOL long position rankings.

In contrast, the “CZ Opponent” account’s pressure has eased, with unrealized losses narrowing from previous highs to $12.43 million. The ETH long position of $179 million is still in loss, with an unrealized loss of $2.46 million (average price $3,190), but the XRP long position, worth $78.96 million, is also under pressure with an unrealized loss of $10.03 million. This address currently remains the platform’s largest XRP long and second-largest ETH long.

On the short side, the “ZEC Largest Short” accelerated liquidation last night and this morning, especially with the MON short position being heavily cut, shrinking by about 10% to $11.59 million. Its total short position is approximately $174 million. While there are still some unrealized profits on ETH shorts, ZEC shorts have expanded losses, with weekly losses reaching $11.64 million.

The “Ultimate Short” remains committed to BTC short positions, currently holding $45.5 million, with an unrealized profit of $10.25 million, and has set a take-profit unit of $762 to lock in some gains. Additionally, it has allocated $5.02 million in XYZ underlying 100x mapped contracts for long positions.

Notably, the “Altcoin Air Force Leader” has been very active recently, increasing its LIT short positions, which have now risen to $10.17 million (average price $2.70), with an unrealized profit of $230,000. It is also continuously increasing its short positions in altcoins like XPL and PUMP, with total holdings expanding to $37.67 million, making it the platform’s largest LIT short.