【🐋 Whale Movements on-Chain|5 Large Changes】

▬ What happened:
· ETH’s #1 short (100M notional) added to its BTC long position by 16%, change of 1.93M U (current position 13.78M U)
· Large mixed long/short trader flipped BTC into a long position; current position is 4 positions = 320K U
· Large mixed long/short trader reduced its HYPE long position by 23%, change of 10K U (current position 50K U)
· ETH’s #1 short (100M notional) added to its PONS short position by 16%, change of 10K U (current position 90K U)
· Large mixed long/short trader reduced its XRP short position by 66%, change of 4,648 U (current position 2,406 U)

▬ Real-time whale positions (public on-chain data, sorted by size, total 7 addresses):
🔴 ETH’s #1 short (100M notional)
ETH Short 14,041 positions = 33.95M U|Opened 2,418|Liquidation 4,454 (would be liquidated again if price rises 83.3%)|Loss 190K U
🔴 Big Brother Maji (ETH/BTC long)
ETH Long 13,602 positions = 33.27M U|Opened 2,446|Liquidation 2,403 (would be liquidated again if price drops 1.1%)|Loss 200K U
🟢 HYPE die-hard long
HYPE Long 153,212 positions = 12.10M U|Opened 78.969|Liquidation 76.448 (would be liquidated again if price drops 3.9%)|Profit 90K U
🟢 Institutional short (ETH short 9.5M)
BTC Short 111 positions = 8.50M U|Opened 76,619|Liquidation 313,988 (would be liquidated again if price rises 312.1%)|Profit 40K U
🟢 BTC short (high leverage)
BTC Long 40 positions = 3.02M U|Opened 75,947|Profit 10K U
🔴 HYPE short
HYPE Short 20,000 positions = 520K U|Opened 25.944|Liquidation 108.6 (would be liquidated again if price rises 36.5%)|Loss 1.07M U

▬ Long vs. short power: among these 7 whales, long positions are 49.26M U and short positions are 129M U; overall skewed bearish by 79.97M U
▬ Total P&L: -1.03M U (longs currently are losing)

▬ Cost comparison (ETH): long average entry 2,442, short average entry 2,427, current price 2,430. Longs’ cost is lower, so they currently have the advantage.

▬ How to read it: whale positioning is a clue, not a signal. They’re clear on direction and have big size, but they may also add at high levels and cut at lows—focus on the liquidation price, that’s the forced exit level.

Data source: Hyperliquid public on-chain positions, verifiable by everyone. Not investment advice.