📊 Whale Activity Snapshot: ETH Bulls Shine, BTC Bears Take Profits
On December 8, major whales made notable moves on Hyperliquid:
BTC OG Insider Whale 🐋: 5x leveraged ETH longs now show $4.46M floating profit (13%), average entry $3,048, liquidation at $1,801, position size ~$170M. The whale deposited $70M overnight to open these trades, now the largest ETH long on Hyperliquid.
pension-usdt.eth: Opened 2x leveraged ETH long at 3:00 UTC, position size $62.55M, average price $3,087, floating profit $880K (2.8%), with weekly profit reaching $6.14M.
Calm Trader: BTC, ZEC, SOL shorts flipped from $600K profit to $930K loss, total position $19.09M, remaining capital down from $1.5M to $540K.
Ultimate Bear 🐻: Closed $2.43M BTC shorts, remaining BTC short position $77.04M (down ~$30M in 10 days), floating profit $16.68M (433%), liquidation at $102K, funding profits $9.45M, still the largest BTC short on Hyperliquid.
Paul Wei: Since Nov 16, cumulative profit $3,600, currently holds 2x leveraged BTC long, floating profit ~5%, position ~7% of $100K capital, mostly resting as pending orders. BTC long/short trigger range: $90,700 – $94,400.
⚡️ Summary: ETH longs dominate, BTC shorts partially closed—whale moves indicate strong directional bets and ongoing volatility on Hyperliquid.
On December 8, major whales made notable moves on Hyperliquid:
BTC OG Insider Whale 🐋: 5x leveraged ETH longs now show $4.46M floating profit (13%), average entry $3,048, liquidation at $1,801, position size ~$170M. The whale deposited $70M overnight to open these trades, now the largest ETH long on Hyperliquid.
pension-usdt.eth: Opened 2x leveraged ETH long at 3:00 UTC, position size $62.55M, average price $3,087, floating profit $880K (2.8%), with weekly profit reaching $6.14M.
Calm Trader: BTC, ZEC, SOL shorts flipped from $600K profit to $930K loss, total position $19.09M, remaining capital down from $1.5M to $540K.
Ultimate Bear 🐻: Closed $2.43M BTC shorts, remaining BTC short position $77.04M (down ~$30M in 10 days), floating profit $16.68M (433%), liquidation at $102K, funding profits $9.45M, still the largest BTC short on Hyperliquid.
Paul Wei: Since Nov 16, cumulative profit $3,600, currently holds 2x leveraged BTC long, floating profit ~5%, position ~7% of $100K capital, mostly resting as pending orders. BTC long/short trigger range: $90,700 – $94,400.
⚡️ Summary: ETH longs dominate, BTC shorts partially closed—whale moves indicate strong directional bets and ongoing volatility on Hyperliquid.
🐋 “BTC OG Insider Whale” Faces $50M Floating Loss, $680M Total Positions
📅 December 16
Amid the market downturn, the “BTC OG Insider Whale” (0xb31) has seen floating losses continue to widen, with the account now recording ~$49.5 million unrealized loss on total positions of ~$680 million. The remaining margin stands at $48.36 million.
📊 Major Long Positions
🟣 ETH 5× Long: $564M position, avg. $3,167, floating loss ~$39.81M (−36%), liquidation price $2,078
🟠 BTC 5× Long: $85.96M position, avg. $91,500, floating loss ~$5.46M (−32%)
🟡 SOL 20× Long: $31.52M position, avg. $137, floating loss ~$2.81M (−178%)
💡 Background & Activity
Dec 7–8: $70M transferred from Binance wallet to Hyperliquid; opened 5× ETH long (avg $3,048)
Dec 10: $50M transferred to increase ETH long
Dec 12: $110M transferred; no new positions today
This OG BTC address once held >50,000 BTC, dormant for 8 years, later swapped part of BTC to ETH
Previous moves often aligned with Trump statements and US policy shifts
Hours before the Oct 11 crash, the whale opened $500M BTC short, earning ~$100M profit, drawing market attention
BitForex CEO Garrett Jin noted the address is linked to some of their clients
📌 Quick Summary
🐳 Floating loss: ~$49.5M
💰 Total positions: $680M, margin remaining: $48.36M
⚡️ High-leverage long positions: ETH 5×, BTC 5×, SOL 20×
👀 OG whale historically influential, closely timed with major market & policy events
⚠️ Large leveraged positions of influential whales can trigger significant market reactions.
📅 December 16
Amid the market downturn, the “BTC OG Insider Whale” (0xb31) has seen floating losses continue to widen, with the account now recording ~$49.5 million unrealized loss on total positions of ~$680 million. The remaining margin stands at $48.36 million.
📊 Major Long Positions
🟣 ETH 5× Long: $564M position, avg. $3,167, floating loss ~$39.81M (−36%), liquidation price $2,078
🟠 BTC 5× Long: $85.96M position, avg. $91,500, floating loss ~$5.46M (−32%)
🟡 SOL 20× Long: $31.52M position, avg. $137, floating loss ~$2.81M (−178%)
💡 Background & Activity
Dec 7–8: $70M transferred from Binance wallet to Hyperliquid; opened 5× ETH long (avg $3,048)
Dec 10: $50M transferred to increase ETH long
Dec 12: $110M transferred; no new positions today
This OG BTC address once held >50,000 BTC, dormant for 8 years, later swapped part of BTC to ETH
Previous moves often aligned with Trump statements and US policy shifts
Hours before the Oct 11 crash, the whale opened $500M BTC short, earning ~$100M profit, drawing market attention
BitForex CEO Garrett Jin noted the address is linked to some of their clients
📌 Quick Summary
🐳 Floating loss: ~$49.5M
💰 Total positions: $680M, margin remaining: $48.36M
⚡️ High-leverage long positions: ETH 5×, BTC 5×, SOL 20×
👀 OG whale historically influential, closely timed with major market & policy events
⚠️ Large leveraged positions of influential whales can trigger significant market reactions.
🚨 Moonrock Founder Criticizes Circle’s Acquisition of Axelar Team: Excluding Foundation & AXL “Akin to a Rug Pull”
📅 December 16
Simon Dedic, founder of Moonrock Capital, commented on X regarding Circle’s acquisition of Axelar:
“Another acquisition, another rug. Circle acquires Axelar, yet explicitly excludes the Foundation and AXL tokens. This is criminal in my eyes. Legally it might not be illegal, but morally it’s completely unacceptable. If you’re a token founder, treat it like equity or don’t do it at all.”
💡 Context
Circle announced the acquisition of Axelar’s initial development team, Interop Labs
The Axelar Network, Axelar Foundation, and AXL tokens were not included in the deal
🔍 Takeaway
Dedic’s criticism highlights the ethical gray areas in crypto acquisitions, especially when core tokenomics or foundations are excluded from team buyouts, raising community concerns about potential “rug pull”-like outcomes.
📌 Quick Summary
⚠️ Circle acquires Axelar dev team, excluding Foundation & AXL tokens
📝 Moonrock founder calls it morally unacceptable, akin to a rug pull
👀 Raises concerns about ethics in token-related acquisitions
📅 December 16
Simon Dedic, founder of Moonrock Capital, commented on X regarding Circle’s acquisition of Axelar:
“Another acquisition, another rug. Circle acquires Axelar, yet explicitly excludes the Foundation and AXL tokens. This is criminal in my eyes. Legally it might not be illegal, but morally it’s completely unacceptable. If you’re a token founder, treat it like equity or don’t do it at all.”
💡 Context
Circle announced the acquisition of Axelar’s initial development team, Interop Labs
The Axelar Network, Axelar Foundation, and AXL tokens were not included in the deal
🔍 Takeaway
Dedic’s criticism highlights the ethical gray areas in crypto acquisitions, especially when core tokenomics or foundations are excluded from team buyouts, raising community concerns about potential “rug pull”-like outcomes.
📌 Quick Summary
⚠️ Circle acquires Axelar dev team, excluding Foundation & AXL tokens
📝 Moonrock founder calls it morally unacceptable, akin to a rug pull
👀 Raises concerns about ethics in token-related acquisitions
🌐 Hyperliquid Assistance Fund holds 37.11M HYPE (~13.7% of circulating supply) 💎🔥
📅 Dec 17
The Hyperliquid Assistance Fund holds 37.11 million HYPE tokens, valued at approximately $1.02 billion, accounting for 13.7% of the current circulating supply.
Tokenomics:
Total HYPE supply: 1 billion
Current market cap: $7.406 billion
FDV (Fully Diluted Valuation): $27.35 billion
Previously, the Hyper Foundation proposed a validator vote to officially recognize the Aid Fund HYPE as burned, permanently removing these tokens from both circulation and total supply.
📝 Quick Take
🏦 Assistance Fund holds 37.11M HYPE (~13.7% of circulation)
🔥 Proposal to burn these tokens permanently
💰 Circulating supply and total supply to be adjusted if vote passes
📊 FDV remains 27.35B HYPE
📅 Dec 17
The Hyperliquid Assistance Fund holds 37.11 million HYPE tokens, valued at approximately $1.02 billion, accounting for 13.7% of the current circulating supply.
Tokenomics:
Total HYPE supply: 1 billion
Current market cap: $7.406 billion
FDV (Fully Diluted Valuation): $27.35 billion
Previously, the Hyper Foundation proposed a validator vote to officially recognize the Aid Fund HYPE as burned, permanently removing these tokens from both circulation and total supply.
📝 Quick Take
🏦 Assistance Fund holds 37.11M HYPE (~13.7% of circulation)
🔥 Proposal to burn these tokens permanently
💰 Circulating supply and total supply to be adjusted if vote passes
📊 FDV remains 27.35B HYPE
📉 Pre-Market: Crypto Concept Stocks Slightly Down, BitMine -0.57% 💹
📅 Dec 17
U.S. pre-market trading shows minor declines for crypto-related stocks:
Circle (CRCL): -0.39%
Strategy (MSTR): -0.85%
Coinbase (COIN): -0.24%
MARA Holdings (MARA): -0.37%
Riot Platforms (RIOT): -0.22%
BitMine Immersion (BMNR): -0.57%
SharpLink Gaming (SBET): -0.31%
📝 Quick Take
📉 Overall, crypto-related equities show mild pre-market weakness.
⚖️ No major swings observed; investors remain cautious ahead of market open.
📅 Dec 17
U.S. pre-market trading shows minor declines for crypto-related stocks:
Circle (CRCL): -0.39%
Strategy (MSTR): -0.85%
Coinbase (COIN): -0.24%
MARA Holdings (MARA): -0.37%
Riot Platforms (RIOT): -0.22%
BitMine Immersion (BMNR): -0.57%
SharpLink Gaming (SBET): -0.31%
📝 Quick Take
📉 Overall, crypto-related equities show mild pre-market weakness.
⚖️ No major swings observed; investors remain cautious ahead of market open.
🐋 Hot Whale Movements Overview: “BTC OG Insider Whale” Weekly Unrealized Loss Exceeds $92M, Prior 10.11 Shorts Profit Mostly Reversed ⚠️
On December 18, the BTC OG Insider Whale account saw its overall unrealized losses widen, with weekly floating loss surpassing $92M and remaining margin only $27M. Meanwhile, the “Ultimate Short” has been actively closing BTC short positions. Key whale activities are as follows:
🟣 pension-usdt.eth
In the past 9 hours, fully closed ETH short positions
💸 Loss: approx $2.09M
⚡️ Previous 3x leveraged ETH short: approx $75M
🟢 BTC OG Insider Whale
Total floating loss: over $74M
No position adjustments today
Main holding: ETH long
Unrealized loss: $65.6M (-60%)
Entry price: $3,167
Position size: approx $539M
Also holds BTC & SOL longs with floating losses
Total account exposure: approx $655M
Currently the largest ETH long holder on Hyperliquid
⚫️ Ultimate Short
Closed BTC shorts again this morning: $5.97M
Profit realized: approx $1.75M
Current BTC short size: approx $50.38M, floating profit $14.56M (593%)
Liquidation price: $100.8K
Total BTC closed this month: approx $44.8M
🟡 Paul Wei
Last night: closed 3 sell orders, total $5K
Current BTC long: floating loss approx 6%, position ≈ 15% of $100K total funds
Majority of funds still pending orders
BTC trigger range for long/short: $84.3K – $90.1K
Cumulative profit since Nov 16: $3.1K
🔵 Cool Order King
Today at 00:00: chased BTC short after a brief spike, hit major liquidation
Remaining account balance: $64K
Current position: BTC short, size ≈ $3M
📝 Quick Summary:
🐋 BTC OG Insider Whale: $74M+ floating loss, mainly ETH longs
⚡️ Ultimate Short: profitable BTC shorts, $14.56M floating profit
📉 Other whales: mixed gains/losses, some liquidations hit
👀 Market remains extremely volatile with leveraged positions
🔥 High-risk leveraged trading continues to dominate whale activity on Hyperliquid.
On December 18, the BTC OG Insider Whale account saw its overall unrealized losses widen, with weekly floating loss surpassing $92M and remaining margin only $27M. Meanwhile, the “Ultimate Short” has been actively closing BTC short positions. Key whale activities are as follows:
🟣 pension-usdt.eth
In the past 9 hours, fully closed ETH short positions
💸 Loss: approx $2.09M
⚡️ Previous 3x leveraged ETH short: approx $75M
🟢 BTC OG Insider Whale
Total floating loss: over $74M
No position adjustments today
Main holding: ETH long
Unrealized loss: $65.6M (-60%)
Entry price: $3,167
Position size: approx $539M
Also holds BTC & SOL longs with floating losses
Total account exposure: approx $655M
Currently the largest ETH long holder on Hyperliquid
⚫️ Ultimate Short
Closed BTC shorts again this morning: $5.97M
Profit realized: approx $1.75M
Current BTC short size: approx $50.38M, floating profit $14.56M (593%)
Liquidation price: $100.8K
Total BTC closed this month: approx $44.8M
🟡 Paul Wei
Last night: closed 3 sell orders, total $5K
Current BTC long: floating loss approx 6%, position ≈ 15% of $100K total funds
Majority of funds still pending orders
BTC trigger range for long/short: $84.3K – $90.1K
Cumulative profit since Nov 16: $3.1K
🔵 Cool Order King
Today at 00:00: chased BTC short after a brief spike, hit major liquidation
Remaining account balance: $64K
Current position: BTC short, size ≈ $3M
📝 Quick Summary:
🐋 BTC OG Insider Whale: $74M+ floating loss, mainly ETH longs
⚡️ Ultimate Short: profitable BTC shorts, $14.56M floating profit
📉 Other whales: mixed gains/losses, some liquidations hit
👀 Market remains extremely volatile with leveraged positions
🔥 High-risk leveraged trading continues to dominate whale activity on Hyperliquid.
🚨 Crypto Market | HYPE Whale Faces Massive Liquidations Again 💥
📅 December 19
Following the continued drop in HYPE, the whale holding 26 million HYPE long positions faced another round of cascading liquidations this morning.
📉 Liquidation Details
• Total liquidation size: ~$19.2 million
• Loss incurred: ~$5.15 million
💰 Current HYPE Position
• Position size: ~$12.75 million
• Floating loss: $4.91 million (-192%)
• Average entry price: $31.25
• Next liquidation price: $22.2 (just 1.44% below current price)
🔷 ETH Position
• Position size: ~$7.23 million
• Floating loss: $770k (-212%)
• Average entry price: $3,116
• Liquidation price: $2,757
📌 Background
Yesterday, the same whale’s HYPE long was hit by the largest single-network liquidation of $11 million.
Over the past two days, total liquidations reached ~$56.8 million, with cumulative losses exceeding $13.1 million.
📝 Quick Summary
⚡️ HYPE whale suffers $5.15M loss in another liquidation wave
📉 Next HYPE liquidation just 1.44% below current price
💰 Total two-day losses: $13.1M
🚨 Market volatility remains extremely high — high leverage positions at extreme risk
📅 December 19
Following the continued drop in HYPE, the whale holding 26 million HYPE long positions faced another round of cascading liquidations this morning.
📉 Liquidation Details
• Total liquidation size: ~$19.2 million
• Loss incurred: ~$5.15 million
💰 Current HYPE Position
• Position size: ~$12.75 million
• Floating loss: $4.91 million (-192%)
• Average entry price: $31.25
• Next liquidation price: $22.2 (just 1.44% below current price)
🔷 ETH Position
• Position size: ~$7.23 million
• Floating loss: $770k (-212%)
• Average entry price: $3,116
• Liquidation price: $2,757
📌 Background
Yesterday, the same whale’s HYPE long was hit by the largest single-network liquidation of $11 million.
Over the past two days, total liquidations reached ~$56.8 million, with cumulative losses exceeding $13.1 million.
📝 Quick Summary
⚡️ HYPE whale suffers $5.15M loss in another liquidation wave
📉 Next HYPE liquidation just 1.44% below current price
💰 Total two-day losses: $13.1M
🚨 Market volatility remains extremely high — high leverage positions at extreme risk
🔥 DeFi | Uniswap “Unification” Proposal Enters Final Vote 🗳
📅 December 19
As Uniswap’s “Unification” proposal moves to its final voting stage, on-chain traders are adjusting positions:
🐋 Largest UNI Short Position:
Whale “Shanzhai Air Force Lead” has closed over 40% of UNI shorts since yesterday 13:00.
Current position: $2.79M, floating profit: $1.22M (+437%)
Average price: $7.46, liquidation price: $5.19
💹 UNI Long Whale:
Whale 0x413c had entered UNI long at $4.9 on Dec 17.
Floating profit briefly exceeded 50%, but with morning price pullback, closed at ~$36K profit, just covering costs.
📊 Polymarket Prediction Market:
After the news, the “Yes” option on whether the Uniswap protocol fee switch will be enabled before Dec 31, 2025 jumped 69%, now implying 85% probability.
📌 Proposal Details:
Submitted by Uniswap founder Hayden Adams
Voting: Dec 20 11:30 (UTC+8) – Dec 26
If passed, after 2-day lock period:
1️⃣ Burn 100M UNI
2️⃣ Enable v2/v3 fee switch; fees will be used for continuous UNI burn
⚡️ Market Reaction:
UNI briefly surged 10% following the announcement.
📝 Quick Summary
🗳 Uniswap “Unification” proposal enters final vote
🐋 Largest short closes 40% of position, locking profit $1.22M
💹 Long whale exits with modest $36K profit
📈 Polymarket predicts 85% chance of fee switch activation
🔥 UNI price jumps ~10% on speculation of 100M UNI burn
📅 December 19
As Uniswap’s “Unification” proposal moves to its final voting stage, on-chain traders are adjusting positions:
🐋 Largest UNI Short Position:
Whale “Shanzhai Air Force Lead” has closed over 40% of UNI shorts since yesterday 13:00.
Current position: $2.79M, floating profit: $1.22M (+437%)
Average price: $7.46, liquidation price: $5.19
💹 UNI Long Whale:
Whale 0x413c had entered UNI long at $4.9 on Dec 17.
Floating profit briefly exceeded 50%, but with morning price pullback, closed at ~$36K profit, just covering costs.
📊 Polymarket Prediction Market:
After the news, the “Yes” option on whether the Uniswap protocol fee switch will be enabled before Dec 31, 2025 jumped 69%, now implying 85% probability.
📌 Proposal Details:
Submitted by Uniswap founder Hayden Adams
Voting: Dec 20 11:30 (UTC+8) – Dec 26
If passed, after 2-day lock period:
1️⃣ Burn 100M UNI
2️⃣ Enable v2/v3 fee switch; fees will be used for continuous UNI burn
⚡️ Market Reaction:
UNI briefly surged 10% following the announcement.
📝 Quick Summary
🗳 Uniswap “Unification” proposal enters final vote
🐋 Largest short closes 40% of position, locking profit $1.22M
💹 Long whale exits with modest $36K profit
📈 Polymarket predicts 85% chance of fee switch activation
🔥 UNI price jumps ~10% on speculation of 100M UNI burn
🇯🇵💹 Japan Rate Hike Sparks Crypto Market Recovery, Altcoins Surge
📅 December 20
Following Japan's rate hike, the crypto market showed signs of recovery, with several altcoins posting strong gains:
LIGHT +70% 📈, now $2.38, 24h volume $68.8M
SOPH +40% 📈, now $0.01644, 24h volume $116M
Meme coin "67" +38% 📈, now $0.028, 24h volume $11.49M
RESOLV +36.6% 📈, now $0.0994, 24h volume $161M
WET +35.3% 📈, now $0.303, 24h volume $129M
⚡️ Summary
Japan’s interest rate hike positively impacted crypto sentiment ✅
Major altcoins saw significant daily gains
Traders are closely watching for continued momentum in high-volume altcoins 📊
📅 December 20
Following Japan's rate hike, the crypto market showed signs of recovery, with several altcoins posting strong gains:
LIGHT +70% 📈, now $2.38, 24h volume $68.8M
SOPH +40% 📈, now $0.01644, 24h volume $116M
Meme coin "67" +38% 📈, now $0.028, 24h volume $11.49M
RESOLV +36.6% 📈, now $0.0994, 24h volume $161M
WET +35.3% 📈, now $0.303, 24h volume $129M
⚡️ Summary
Japan’s interest rate hike positively impacted crypto sentiment ✅
Major altcoins saw significant daily gains
Traders are closely watching for continued momentum in high-volume altcoins 📊
📰💰 Two Whales Withdraw a Total of 206,334 ZEC from Binance
📅 December 20
Whale t1dHhe… withdrew 202,077 ZEC (~$91.43M) from Binance 16 hours ago.
Whale t1Nt2i… withdrew 4,257 ZEC (~$1.93M) from Binance 5 hours ago.
Total withdrawn: 206,334 ZEC (~$93.36M).
⚡️ Summary
ZEC whales are accumulating off-exchange 🏦
Large withdrawals could indicate long-term holding intentions or strategic positioning in the market 📊
📅 December 20
Whale t1dHhe… withdrew 202,077 ZEC (~$91.43M) from Binance 16 hours ago.
Whale t1Nt2i… withdrew 4,257 ZEC (~$1.93M) from Binance 5 hours ago.
Total withdrawn: 206,334 ZEC (~$93.36M).
⚡️ Summary
ZEC whales are accumulating off-exchange 🏦
Large withdrawals could indicate long-term holding intentions or strategic positioning in the market 📊
❤1
🐋 ETHFI Investor Deposits 900K ETHFI to Binance
On December 21, about 3 hours ago, an ETHFI investor address deposited 900,000 ETHFI (≈ $738,000) to Binance 💰.
Since receiving the first unlocked tokens, this wallet has cumulatively deposited 31.28 million ETHFI (≈ $3.658 million) to Binance 📊.
💡 Summary:
Recent deposit: 900K ETHFI (~$738K) 🐋
Total deposits since unlock: 31.28M ETHFI (~$3.66M)
Indicates steady token movement to exchange ⚡️
On December 21, about 3 hours ago, an ETHFI investor address deposited 900,000 ETHFI (≈ $738,000) to Binance 💰.
Since receiving the first unlocked tokens, this wallet has cumulatively deposited 31.28 million ETHFI (≈ $3.658 million) to Binance 📊.
💡 Summary:
Recent deposit: 900K ETHFI (~$738K) 🐋
Total deposits since unlock: 31.28M ETHFI (~$3.66M)
Indicates steady token movement to exchange ⚡️
❤1
📉 Polymarket Odds: BTC $100K This Year Drops to 10% 📉
On Dec 21, prediction market Polymarket shows the probability of Bitcoin reaching $100,000 again this year has fallen to 10%.
Other BTC-related odds currently stand at:
BTC to $95,000: 32% 📊
BTC below $80,000: 18% ⚠️
📊 Summary:
$100K BTC this year: 10%
Market expectations leaning toward range-bound or downside risk
Sentiment remains cautious heading into year-end 👀
On Dec 21, prediction market Polymarket shows the probability of Bitcoin reaching $100,000 again this year has fallen to 10%.
Other BTC-related odds currently stand at:
BTC to $95,000: 32% 📊
BTC below $80,000: 18% ⚠️
📊 Summary:
$100K BTC this year: 10%
Market expectations leaning toward range-bound or downside risk
Sentiment remains cautious heading into year-end 👀
❤1
📉 “Former Hyperliquid Employee” Sells Over $3.3M HYPE This Month, $1.43M Monthly Loss 📉
On Dec 22, Coinbob monitoring shows that a former Hyperliquid employee’s address (0x7ae) has been reducing HYPE holdings since the start of the month:
Position dropped: $5.85M → $2.48M
Total HYPE sold: 70K+
Current HYPE holdings: ~98,200 tokens
Monthly loss due to HYPE price drop: ~$1.43M
Account funds remaining: ~$4.2M 💥
Additional details:
Address also holds small HYPE shorts, avg. price $24.17, unrealized loss 43.5%, position ~$25.8K ⚠️
Initially flagged due to shorting HYPE and perceived team affiliation
Hyperliquid clarified today that this address belongs to an employee terminated in Q1 2024, fully disassociated from Hyperliquid Labs; actions do not reflect team standards or values ✅
📊 Summary:
Former employee reduces HYPE $3.3M+ this month
Monthly loss: $1.43M, still holding ~98K HYPE
Hyperliquid confirms no ongoing affiliation, behavior not representative of team 👀
On Dec 22, Coinbob monitoring shows that a former Hyperliquid employee’s address (0x7ae) has been reducing HYPE holdings since the start of the month:
Position dropped: $5.85M → $2.48M
Total HYPE sold: 70K+
Current HYPE holdings: ~98,200 tokens
Monthly loss due to HYPE price drop: ~$1.43M
Account funds remaining: ~$4.2M 💥
Additional details:
Address also holds small HYPE shorts, avg. price $24.17, unrealized loss 43.5%, position ~$25.8K ⚠️
Initially flagged due to shorting HYPE and perceived team affiliation
Hyperliquid clarified today that this address belongs to an employee terminated in Q1 2024, fully disassociated from Hyperliquid Labs; actions do not reflect team standards or values ✅
📊 Summary:
Former employee reduces HYPE $3.3M+ this month
Monthly loss: $1.43M, still holding ~98K HYPE
Hyperliquid confirms no ongoing affiliation, behavior not representative of team 👀
❤2
📈 Crypto Market Rebounds After a Week of Adjustment
After a week of consolidation, the crypto market shows clear signs of recovery. Bitcoin has reclaimed the $90,000 level, gaining approximately 1.53% in 24 hours ⚡️. Analysts suggest that if BTC holds above $89,000, it could potentially test $93,500 in the near term 🚀.
On-chain data reveals significant changes in Bitcoin’s cost structure over the past two months. The strongest support zone is currently $80K–$90K, encompassing ~2.536M BTC 🛡. At the same time, long-term holders show signs of “epic distribution”, increasing their willingness to take profits 💰.
In the derivatives market, recent price action has been largely driven by short-covering, creating passive buy pressure. The market is now in a transition period dubbed “bull-market neutral” ⚖️.
💡 Summary:
BTC Price: Reclaimed $90K, +1.53% 24h
Support Zone: $80K–$90K (~2.536M BTC)
Long-Term Holders: Increasing profit-taking
Derivatives: Short-covering driving recent gains
Implication: Market in “bull-market neutral” transition, potential upside to $93.5K
After a week of consolidation, the crypto market shows clear signs of recovery. Bitcoin has reclaimed the $90,000 level, gaining approximately 1.53% in 24 hours ⚡️. Analysts suggest that if BTC holds above $89,000, it could potentially test $93,500 in the near term 🚀.
On-chain data reveals significant changes in Bitcoin’s cost structure over the past two months. The strongest support zone is currently $80K–$90K, encompassing ~2.536M BTC 🛡. At the same time, long-term holders show signs of “epic distribution”, increasing their willingness to take profits 💰.
In the derivatives market, recent price action has been largely driven by short-covering, creating passive buy pressure. The market is now in a transition period dubbed “bull-market neutral” ⚖️.
💡 Summary:
BTC Price: Reclaimed $90K, +1.53% 24h
Support Zone: $80K–$90K (~2.536M BTC)
Long-Term Holders: Increasing profit-taking
Derivatives: Short-covering driving recent gains
Implication: Market in “bull-market neutral” transition, potential upside to $93.5K
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🚀 VanEck: Declining Bitcoin Mining Activity May Signal Bullish Trend
📅 Dec 23, VanEck analysts note that the recent drop in Bitcoin mining activity could be a bullish signal, consistent with historical market patterns.
📊 Key insights from VanEck’s “Dec 2025 ChainCheck” report:
Since 2014, when Bitcoin network hashrate declines, the 90-day forward return has been positive 65% of the time
When hashrate rises, the probability of a positive return drops to 54%
💡 Mechanism:
Declining hashrate often reflects miner capitulation—weaker operators exit due to financial pressure
This is considered a contrarian signal, historically favorable for long-term holders
📌 Current data:
As of Dec 15, Bitcoin has seen a 4% drop in hashrate over the past month, the largest decline since April 2024
Extended periods of hashrate compression tend to produce more frequent and larger positive returns
✨ Quick Takeaways
🔻 Recent BTC mining decline: 4% in one month
🪙 Historical pattern: lower hashrate → higher chance of positive 90-day returns
⚡️ Miner capitulation acts as a contrarian bullish signal
📊 Longer hashrate compression periods → stronger potential gains
👀 Declining Bitcoin mining activity may indicate a short- to medium-term bullish outlook for BTC.
📅 Dec 23, VanEck analysts note that the recent drop in Bitcoin mining activity could be a bullish signal, consistent with historical market patterns.
📊 Key insights from VanEck’s “Dec 2025 ChainCheck” report:
Since 2014, when Bitcoin network hashrate declines, the 90-day forward return has been positive 65% of the time
When hashrate rises, the probability of a positive return drops to 54%
💡 Mechanism:
Declining hashrate often reflects miner capitulation—weaker operators exit due to financial pressure
This is considered a contrarian signal, historically favorable for long-term holders
📌 Current data:
As of Dec 15, Bitcoin has seen a 4% drop in hashrate over the past month, the largest decline since April 2024
Extended periods of hashrate compression tend to produce more frequent and larger positive returns
✨ Quick Takeaways
🔻 Recent BTC mining decline: 4% in one month
🪙 Historical pattern: lower hashrate → higher chance of positive 90-day returns
⚡️ Miner capitulation acts as a contrarian bullish signal
📊 Longer hashrate compression periods → stronger potential gains
👀 Declining Bitcoin mining activity may indicate a short- to medium-term bullish outlook for BTC.
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🎨 Zama OG NFT Holders Can Participate in ZAMA Token Community Sale via Public Auction
📅 Dec 23, Zama, a fully homomorphic encryption (FHE) network, announced:
OG NFT holders can join the ZAMA token community sale at the public auction floor price
Token FDV: $55M
Max allocation per holder: 40,000 ZAMA
Bonus: 5% of the final auction price rewarded to OG NFT holders (max 1 OG NFT per wallet)
💡 Auction Details:
10% of total ZAMA supply will be sold via sealed-bid Dutch auction on Ethereum
Auction dates: Jan 12–15
Token claim date: Jan 20
FHE technology keeps bidding private and secure
✨ Quick Takeaways
🖼 OG NFT holders gain exclusive community sale access
💰 FDV of ZAMA: $55M
🔒 Auction uses full homomorphic encryption for confidentiality
⏰ Auction: Jan 12–15; Claim: Jan 20
👀 Encourages early community participation with NFT rewards
📅 Dec 23, Zama, a fully homomorphic encryption (FHE) network, announced:
OG NFT holders can join the ZAMA token community sale at the public auction floor price
Token FDV: $55M
Max allocation per holder: 40,000 ZAMA
Bonus: 5% of the final auction price rewarded to OG NFT holders (max 1 OG NFT per wallet)
💡 Auction Details:
10% of total ZAMA supply will be sold via sealed-bid Dutch auction on Ethereum
Auction dates: Jan 12–15
Token claim date: Jan 20
FHE technology keeps bidding private and secure
✨ Quick Takeaways
🖼 OG NFT holders gain exclusive community sale access
💰 FDV of ZAMA: $55M
🔒 Auction uses full homomorphic encryption for confidentiality
⏰ Auction: Jan 12–15; Claim: Jan 20
👀 Encourages early community participation with NFT rewards
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🚀 Peter Brandt Predicts Bitcoin’s Next Bull Run Peak in September 2029
On December 24, renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared:
"Bitcoin is unprecedented, and there may never be anything like it again. Over the past 15 years, it has experienced five parabolic moves on a logarithmic scale, each followed by at least an 80% decline (the current cycle is not over)."
Brandt is currently analyzing Bitcoin’s bottoming process but predicts that the next bull market peak will occur in September 2029.
💡 Summary:
Bitcoin’s growth trajectory remains historically unparalleled, with analysts like Brandt projecting a long-term bull cycle that could peak in late 2029.
On December 24, renowned trader and chart analyst Peter Brandt, who accurately predicted the 2018 Bitcoin crash, shared:
"Bitcoin is unprecedented, and there may never be anything like it again. Over the past 15 years, it has experienced five parabolic moves on a logarithmic scale, each followed by at least an 80% decline (the current cycle is not over)."
Brandt is currently analyzing Bitcoin’s bottoming process but predicts that the next bull market peak will occur in September 2029.
💡 Summary:
Bitcoin’s growth trajectory remains historically unparalleled, with analysts like Brandt projecting a long-term bull cycle that could peak in late 2029.
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🐋 Whale Shorts BTC: $12.5M P&L, $9.6M Funding Profit in 2 Months
📅 December 24, a swing trader has accumulated $12.5M in realized and unrealized profits from a BTC short held for 2 months.
💰 Due to the long holding period, funding fees alone generated $9.6M from this single position. The trader also holds $3.5M worth of BTCB on BNB Chain.
📊 Quick Stats:
Position: BTC short
Duration: 2 months
P&L (realized + unrealized): $12.5M
Funding fees earned: $9.6M
Additional holdings: $3.5M BTCB on BNB Chain
💡 Takeaway: Long-term leveraged trades can yield massive profits from both price movement and funding fees—but risks remain huge. ⚡️
📅 December 24, a swing trader has accumulated $12.5M in realized and unrealized profits from a BTC short held for 2 months.
💰 Due to the long holding period, funding fees alone generated $9.6M from this single position. The trader also holds $3.5M worth of BTCB on BNB Chain.
📊 Quick Stats:
Position: BTC short
Duration: 2 months
P&L (realized + unrealized): $12.5M
Funding fees earned: $9.6M
Additional holdings: $3.5M BTCB on BNB Chain
💡 Takeaway: Long-term leveraged trades can yield massive profits from both price movement and funding fees—but risks remain huge. ⚡️
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🔥 Maji Adds ETH Long — Currently at $375K Floating Loss
On December 25, “Big Brother Maji” (Huang Licheng) just increased his ETH long position, now holding 7,525 ETH (~$22.02M) with 25x leverage ⚡️.
The current floating loss is $375K, with an average entry price of $2,975.54 💸.
This aggressive move highlights the high-risk, high-reward nature of leveraged trading — a real pulse-check for whales in the Ethereum market 🐋📈.
📌 Summary:
Trader: Big Brother Maji (Huang Licheng)
Date: Dec 25
Position: 7,525 ETH long (~$22.02M)
Leverage: 25x
Floating Loss: $375K
Avg Entry Price: $2,975.54
On December 25, “Big Brother Maji” (Huang Licheng) just increased his ETH long position, now holding 7,525 ETH (~$22.02M) with 25x leverage ⚡️.
The current floating loss is $375K, with an average entry price of $2,975.54 💸.
This aggressive move highlights the high-risk, high-reward nature of leveraged trading — a real pulse-check for whales in the Ethereum market 🐋📈.
📌 Summary:
Trader: Big Brother Maji (Huang Licheng)
Date: Dec 25
Position: 7,525 ETH long (~$22.02M)
Leverage: 25x
Floating Loss: $375K
Avg Entry Price: $2,975.54
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🐋 BTC OG Whale Increases SOL Longs by 207,316 SOL (~$25.5M)
On December 25, the “BTC OG Insider Whale” added 207,316.32 SOL longs (~$25.5M) after a week of inactivity 💹🔥.
Additionally, 2,683.68 SOL has limit buy orders pending in the $122.74–$123.01 range ⏳
Current SOL position value: ~$63.06M
Total portfolio value: ~$754M
Cumulative floating loss: ~$43.32M, mainly from ETH losses (~$37.33M) ⚠️
This move shows the whale’s continued accumulation of SOL, signaling confidence despite short-term losses 📈🐂.
📌 Summary:
Whale: BTC OG Insider
Action: Added 207,316 SOL longs (~$25.5M)
Pending Orders: 2,683 SOL @ $122.74–$123.01
SOL Position Value: $63.06M
Total Portfolio: $754M
Floating Loss: $43.32M (mostly ETH)
Significance: Ongoing SOL accumulation, bullish signal despite temporary losses
On December 25, the “BTC OG Insider Whale” added 207,316.32 SOL longs (~$25.5M) after a week of inactivity 💹🔥.
Additionally, 2,683.68 SOL has limit buy orders pending in the $122.74–$123.01 range ⏳
Current SOL position value: ~$63.06M
Total portfolio value: ~$754M
Cumulative floating loss: ~$43.32M, mainly from ETH losses (~$37.33M) ⚠️
This move shows the whale’s continued accumulation of SOL, signaling confidence despite short-term losses 📈🐂.
📌 Summary:
Whale: BTC OG Insider
Action: Added 207,316 SOL longs (~$25.5M)
Pending Orders: 2,683 SOL @ $122.74–$123.01
SOL Position Value: $63.06M
Total Portfolio: $754M
Floating Loss: $43.32M (mostly ETH)
Significance: Ongoing SOL accumulation, bullish signal despite temporary losses
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🐋 Whale Withdraws 87,659 LINK from Binance, Accumulates ~$2.9M LINK in 2 Days
📅 Dec 26 — About five minutes ago, whale 0x2a42 withdrew 87,659 LINK (~$1.08M) from Binance.
💹 Recent accumulation:
Past 2 days: total withdrawals 234,979 LINK (~$2.9M)
Suggests the whale is accumulating LINK
⚡️ Additional context:
Another whale 0xEC7B withdrew 469,437 LINK (~$5.77M) over the past 2 days
Indicates heightened whale interest in LINK recently
📝 Quick Summary:
🐋 Whale: 0x2a42
💰 Withdrawal: 87,659 LINK (~$1.08M)
🕒 2-day total: 234,979 LINK (~$2.9M)
⚠️ Insight: Whales appear to be accumulating LINK, signaling potential bullish positioning
📅 Dec 26 — About five minutes ago, whale 0x2a42 withdrew 87,659 LINK (~$1.08M) from Binance.
💹 Recent accumulation:
Past 2 days: total withdrawals 234,979 LINK (~$2.9M)
Suggests the whale is accumulating LINK
⚡️ Additional context:
Another whale 0xEC7B withdrew 469,437 LINK (~$5.77M) over the past 2 days
Indicates heightened whale interest in LINK recently
📝 Quick Summary:
🐋 Whale: 0x2a42
💰 Withdrawal: 87,659 LINK (~$1.08M)
🕒 2-day total: 234,979 LINK (~$2.9M)
⚠️ Insight: Whales appear to be accumulating LINK, signaling potential bullish positioning
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