BlockBeats reported on August 27 that four major whales have kept 379 large limit orders across BTC, ETH, HYPE, and ZEC, with a combined notional value of about $257 million. According to BlockBeats On-chain Detection, the orders may outline trading ranges ahead of the next major price swings.

BTC saw the largest order size. Address 0xf517 is currently holding a 46.8 BTC long position with 40x isolated leverage, worth about $3.686 million, at an average entry price of $77,833.6. It has placed four non-reducing buy orders between $72,222 and $77,522 to buy 1,176.9 BTC, or about $87.59 million, and 171 non-reducing sell orders between $81,504 and $108,888 to sell 928.3 BTC, or about $90.025 million. The two-sided orders total about $178 million.

For ETH, address 0x469e is holding a 5,000.4 ETH short position with 25x isolated leverage, valued at about $12.45 million, at an average price of $2,460.7. It has placed 50 buy orders between $2,000 and $2,400 to buy 10,000 ETH, worth about $22 million, and 30 sell orders between $2,533.2 and $2,900 to sell another 4,285.7 ETH, worth about $11.643 million.

In HYPE, address 0x4e23 is holding a 295,300 HYPE long position with 5x isolated leverage, worth about $24.064 million, at an average entry price of $81.54. It has placed 24 sell orders between $99.03 and $110.74 to sell 327,300 HYPE, worth about $34.188 million, with an average order price of $104.46.

For ZEC, address 0x8af7 is holding a 198.9 ZEC long position worth about $156,000, but has already placed 100 non-reducing buy orders between $500 and $651 to buy 20,000 ZEC, with a notional value of about $11.51 million and an average order price of about $575.5. ZEC was last reported at $784.2, putting that support zone 17.0% to 36.2% below the current price.