EyeOnChain

ZEC breaking above $1,000 has put one trader in a pretty painful spot. Garrett Jin is currently short 32,760 $ZEC , with the position worth around $33.11M, and the unrealized loss has now climbed past $18.5M.
There is at least one small cushion here: the position has earned about $505,253.87 in funding fees so far. Still, that barely puts a dent in an $18M+ unrealized loss.
Let's see whether he keeps holding the short if #zec pushes even higher... because this trade is getting expensive really fast😬.

Address: 0x92ea19ECeB7a8dE0f50978A1583A5D8b018050e9

MarsCoin Just Hit Binance Spot & now live on Binance Spot, and one wallet that’s definitely worth watching is Unipcs. He’s currently holding around 24.95M $MARSCOIN , worth roughly $4.5M, making him the largest holder according to the on-chain data shared here. The position is already sitting on more than $3.5M in unrealized profit. With Binance spot trading now live, that’s a pretty interesting bag to watch ... especially to see whether he keeps holding or starts taking some chips off the table.

Another new address just made a pretty interesting move on UNI. About 32 minutes ago, address 0x9a32979575D4a5078b917AaAb27e20035589513c withdrew 327,872 $UNI from Flowdesk, worth roughly $2.045M, at an average withdrawal price of around $6.24.
What makes this one a little more interesting is the wallet connection question. The withdrawal source here is different from the addresses associated with HashKey, so there’s not enough evidence right now to say they belong to the same entity.
Could be completely unrelated... or just another player positioning for UNI. Either way, a fresh $2M+ #UNI withdrawal is definitely something worth keeping an eye on.

An Old $ENA Wallet Woke Up… And Moved Everything.
A wallet that had been sitting dormant for nearly two years just made a pretty interesting move. The address 0x89105d5d86854Bfb953408aFD6eFde1bB65e4041 received 14M ENA from an Ethena multisig back in July 2024, when ENA was around $0.4928, making the position worth about $6.89M at the time.
Fast forward to today, and the wallet has now deposited the entire 14M #ENA into Bybit. Based on the current value, the holdings are down to roughly $2.41M ... in short: meaning about $4.48M in value has disappeared compared with the original receipt price. From the wallet’s peak value, the drop is even bigger, at more than $8.7M.
The big question, obviously, is whether this is actually a dump. The Bybit deposit makes that possible, but a transfer to an exchange doesn’t automatically mean the tokens were sold. Still... after sitting untouched for almost two years, seeing the wallet suddenly move the whole bag is definitely worth watching.

Here is the address: 0x89105d5d86854Bfb953408aFD6eFde1bB65e4041

1M $UNI Just Landed on Binance.
The wallet we’ve been watching just moved its entire remaining 1M UNI to Binance about 5 hours ago, worth roughly $6.4M at the time. What caught our eyes is that Arkham links the deposit address to HashKey Capital. A move like this can easily look like a sell signal, but we wouldn’t jump to that conclusion yet. The timing doesn’t really give us enough to say they’re selling ... it could simply be a wallet change, routine fund reshuffling, or even moving funds around to make tracking a little harder. That last part is just our own guess, haha. For now, the transfer is interesting, but what happens to the #UNI after reaching Binance is the part worth watching. though currently traded ( while we writing this post ) 10% +.
Address: 0xc8686f611D59DeEe9c549bc844E4AD314e0F4972

From $1.5K to Over $1.5M in 12 Hours… What 😭. Frank DeGods just pulled off one of those trades that makes you stare at the chart twice.
About 13 hours ago, he spent just $1,491 to buy 11M $MEME .
and now, and that bag is reportedly worth more than $1.5M.
That’s roughly an 810x return in less than half a day. Turning a four-figure entry into a seven-figure position this fast is honestly ridiculous. Timing, conviction, and a whole lot of luck... what a trade.

This MARSCOIN Long Is Already Up Nearly 96%. Trader 0x09CD seems to have caught a pretty nice move on $MarsCoin .
The wallet opened a 2x long on 888,888 MARSCOIN, with the position worth around $113K on Aster DEX.
So far, the trade is going their way ... they’re sitting on roughly $46K in unrealized profit, which works out to a 95.55% return.
Not a bad entry at all... the interesting part now is whether they take the win or keep riding it.
Wallet: 0x09CDaE7339b086364A8D0C9798BAeFB082Fe780a

Getting Crushed on Two 3x Shorts . loraclexyz is betting against both $PONS and $CASHCAT ... and so far, it’s going badly.
The wallet 0xefe4c06b6d310978bead596e1798a4fc1d9d194b is currently holding a 3x short on 17,261,143 #pons . The position is showing a value of about $11.77M, with an entry around $0.53613 and the mark price now at $0.68218.
That has the trader down roughly $2.52M, or -64.21% on the position. The liquidation price is sitting at $1.09409.
And PONS isn’t the only problem. They’re also short 22,499,868 #CASHCAT on 3x leverage. The position is currently worth about $5.97M, entered around $0.231494, while the mark price is around $0.26495.
That short is down another $764K (-38.40%). So across the two positions, the unrealized loss is already around $3.28M.
Pretty rough spot for a trader betting on both tokens going down... and neither position seems to be going their way right now.

Just Bet $4.4M on #GOLD Going Higher . Gold and silver have been going on another wild ride lately, and one wallet looks like it’s betting the move isn’t over yet.
A fresh address, 0x36233E5772ffB23C3C4f21D75A729263F3395c45, withdrew 1,000 $PAXG over the past 20 hours. That’s roughly $4.43M worth of gold exposure in one move.

We thought, $4.4M is a pretty big bet to make right before the market starts moving.

Multicoin Capital has apparently been selling $HYPE since July 28, and the numbers are pretty wild.
They’ve moved around $112M worth of HYPE so far, with estimated profits of about $64M. That’s a return of over 134%.
They originally picked up around 4.95M HYPE from Galaxy Digital between January and July, paying roughly $32.32 per token on average. Now that #hype has been running up, it looks like they’ve been taking profits little by little instead of selling everything at once.
The latest move came about 4 hours ago --- around 150K HYPE, worth roughly $12.78M, was deposited to Coinbase.
Pretty clean way to scale out, honestly.

One $PONS Trade Just Became a $5.3M “What If?”
Wallet 0xbb94d7e03b6f10b0cb423a0d788cddaba86a246b is a pretty brutal example of how fast a trade can go wrong in memecoins.
The trader put around $302.6K into 7.82M #pons , but after the token dropped roughly 20%, they cut the position and sold everything for just $231.3K.
That locked in a loss of about $71K, or roughly -24%.
And here’s the painful part...
Had the wallet simply held that position, those same 7.82M PONS would now be sitting on roughly $5.3M in unrealized profit.
A $71K realized loss vs. a potential multi-million dollar winner.
Classic on-chain lesson: sometimes the hardest part isn't finding the trade .... it's surviving the volatility long enough to let the trade play out.

UNI’s recovery has been hard to ignore this month, with the token nearly doubling from its recent bottom. But the price action is only part of the story.
On-chain data is now showing a fresh wallet making a notable move.
Around two hours ago, address 0xc8686f611D59DeEe9c549bc844E4AD314e0F4972 withdrew 676,875 $UNI from Binance, worth roughly $4.28M at the time of the transfer.
The implied average entry comes in around $6.32 per #UNI .

James Wynn Got Liquidated... Then Immediately Opened a 40x $BTC Long.
Bro really said “run it back” 😭 After getting liquidated on his previous BTC trade, James Wynn is back with another 40x BTC long.
His current position is 0.61376 #BTC , worth around $49.62K, entered at $80,293. It’s currently up about $341 (+27.56%), with liquidation at $79,768.90.
He also opened a much smaller 3x long on #CASHCAT , 6,877 $CASHCAT worth around $1.93K. That position is currently down about $60.72.
We guess: One liquidation wasn't enough, apparently.
Address: 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6

OMG... This Mysterious ETH Whale Is Completely OUT.
Remember that mystery whale moving hundreds of millions worth of ETH to exchanges?
Well... looks like the whole bag is gone now.
Over the past 5 days, the whale has sold off all 167,855 ETH, worth around $408M. Just a few days ago, the wallet still had a huge chunk left after sending $ETH to multiple exchanges. Now, apparently, there's nothing left.
That's $408M worth of ETH cleared out in less than a week.
Massive sell-off, honestly... and definitely one to keep an eye on.

Unipcs Just Made $5.87M in ONE Day... and Still Hasn't Sold.
This is getting kinda crazy. In the past 24 hours, Unipcs' portfolio grew by around $5.87M, with a huge chunk of that coming from $PONS .
He originally spent just $67.7K to buy 10.9M #PONS and hasn't sold a single token since. That bag is now worth around $7.62M, putting him up more than 109x. Turning $67K into $7.6M is already insane... but still not taking any profit? That's a different level of conviction😂.
Let's see how long he holds.

Abraxas Just Bought $40M of ETH… While Shorting $291M😳.
Yes community, you read that right.
Abraxas Capital just bought another 16,554 $ETH , worth around $39.8M, over the past 12 hours.
But at the same time, its two hedging accounts on Hyperliquid are holding a massive 120,178 ETH short, worth roughly $291.4M.
So they’re stacking spot #ETH while simultaneously shorting an even bigger amount. This doesn’t look like a simple bullish bet… it looks like a serious hedge playing out in real time.
Addresses:
0x5b5d51203a0f9079f8aeb098a6523a13F298C060
0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

Machi Still Has $133M+ in $BTC , $HYPE & $ETH Longs.
Machi is still holding some seriously big long positions across BTC, HYPE and ETH, with a combined value of around $133.39M.
Right now, all three positions are actually in profit, with the total floating profit sitting around $716K.
The biggest one is his 40,575 ETH long, currently up around $139K, with a liquidation price at $2,341.09.
Then there’s the 378 BTC long and 61,000 hype long making up the rest.
So far, all three are green... The real question is whether Machi keeps holding or starts taking some profits if the market pushes higher.

Address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872

Queen Just Moved $1.45M Worth of $COW to Binance Alpha.
XXAntiWar just transferred all 17.57M COW tokens into the Binance Alpha wallet.
That’s around $1.45M worth of #COW , and the entire amount was moved within the past 5 hours.
But here’s the interesting part...
Once tokens are deposited into the Binance Alpha wallet, they move into a Proxy aggregation address, which makes them temporarily invisible on-chain. So for now, we have no idea what the end goal is Selling? Moving funds? Something else? We’ll have to wait and see.

Anyways here is the address: 0x045d11d3c1D351aC00cA26c0a597a4943940F668

This $ETH Swing Trader Is Back at It Again. just 6 hours ago swing trading pro has kicked off another round. he bought 1,650 #ETH at $2,417, worth around $4M.
And this isn’t his first swing either. Since July, he’s made 4 ETH trades and banked a total of $1.05M in profit. Now he’s taking another shot... Let’s see if he can keep this streak going.
Address: 0x806267815970bec808e5bdf907a737e9682904aa

"USELESS or REALLY USEFULL" .... Cause $USELESS is PUMPING again... and Unipcs was already there.
Remember when everyone thought #useless was basically finished?
About 5 months ago, the token had fallen all the way to around a $30M market cap. That's when Unipcs started slowly buying it through a DCA strategy. and now ... USELESS has gone 4x in just two weeks.
And Unipcs didn't just buy once and disappear. He kept adding over the past month and now holds around 15.9M USELESS.
That bag is currently sitting on roughly $1.68M in unrealized profit.
What's kinda crazy is that this isn't the first time he's made a big call on USELESS. About a year ago, his calls helped push it all the way to around a $430M market cap. Looks like Unipcs is trying to run it back again... 😂. What you all think about this token is it really usefull or as the name suggests USELESS.