【🐋 Biggest whale moves today: NMTD -Thank you Jeff flips BTC to a long】

▬ What happened (13 major position changes):
· NMTD -Thank you Jeff flipped BTC to a long; now holds 105 contracts = $8.69M
· Top ETH short (100M notional) flipped ZEC to a short; now holds 1,702 contracts = $2.11M
· BobbyBigSize added 143% to its ZEC short, a change of $12.65M (current position: $21.47M)
· BobbyBigSize added 7% to its BTC short, a change of $3.13M (current position: $50.21M)
· BobbyBigSize added 6% to its ETH short, a change of $2.87M (current position: $48.85M)
· BobbyBigSize reduced its XRP long by 24%, a change of $2.01M (current position: $6.32M)
· BobbyBigSize added 280% to its XMR short, a change of $1.96M (current position: $2.65M)
· BobbyBigSize added 117% to its HYPE short, a change of $1.76M (current position: $3.27M)
· BobbyBigSize reduced its SOL long by 29%, a change of $690K (current position: $1.69M)
· BobbyBigSize added 90% to its NEAR short, a change of $600K (current position: $1.27M)
· Top ETH short (100M notional) reduced its BTC short by 83%, a change of $8.22M (current position: $1.64M)
· Institutional short (short 9.5M ETH) added 516% to its ZEC short, a change of $6.73M (current position: $8.03M)
· 1 additional change (omitted for length)

▬ Honestly: flipping a position is one of the most expensive moves in this game—you get proven wrong by the market, then pay another fee to bet on the other direction. You get hit from both sides.

▬ Live whale positions (public on-chain data, ranked by size; 12 traders total):
🔴 BobbyBigSize
BTC short: 611 contracts = $50.21M | Entry: 82,202 | Liquidation far away at 129,860 (well-margined; no short-term risk) | Loss: $490K
🔴 Top ETH short (100M notional)
ETH short: 12,776 contracts = $30.94M | Entry: 2,422 | Liquidation far away at 4,501 (well-margined; no short-term risk) | Loss: $450K
🟢 NMTD -Thank you Jeff
HYPE long: 197,798 contracts = $12.37M | Entry: 62.525 | Liquidation far away at 52.334 (well-margined; no short-term risk) | Profit: $3.67M
🔴 wanyekest
BTC long: 100 contracts = $11.00M | Entry: 109,632 | Liquidation far away at 5,530 (well-margined; no short-term risk) | Loss: $2.67M
🟢 x35767
ZEC short: 7,326 contracts = $10.09M | Entry: 1,377 | Liquidation far away at 2,367 (well-margined; no short-term risk) | Profit: $790K
🔴 Institutional short (short 9.5M ETH)
BTC short: 122 contracts = $10.00M | Entry: 81,997 | Liquidation far away at 293,777 (well-margined; no short-term risk) | Loss: $120K

▬ Long/short balance: Among these 12 whales, long positions total $46.48M and short positions total $324M—a net bearish bias of $278M
▬ Combined P&L: -$4.30M (longs are losing)

▬ Cost comparison (ETH): Average long entry: 2,444; average short entry: 2,378; current price: 2,454. Longs have a lower cost basis and are currently in the better position.

▬ How to read this: Whale positions are clues, not signals. These traders have clear directional bets and large positions, but they also add at highs and cut losses at lows. Pay close attention to liquidation prices—that’s where they’re forced out, and often where price wicks are aimed.

▬ What you’ll get by following me: Every day, I lay out these traders’ positions, entry prices, and liquidation prices. No trade calls, no price predictions—just where people may be forced to buy or sell.

Data source: Public on-chain positions on Hyperliquid, available for anyone to check. Not investment advice.