On-chain Whale Movements: Whale Sells ETH at a Loss of $125 Million to Cut Losses, Arthur Hayes Dumps Ethereum Ecosystem Tokens

BlockBeats News, November 16, according to Hyperinsight monitoring, here is an overview of the most active whale movements on-chain in the past 24 hours:

Arthur Hayes, co-founder of a certain exchange, sold approximately $5 million worth of Ethereum ecosystem tokens today, totaling 780 ETH ($2.48 million), 5.02 million ENA ($1.384 million), 640,000 LDO ($480,000), 1,630 AAVE ($289,000), 28,670 UNI ($209,000), and 132,730 ETHFI ($124,000).

A certain whale address recently purchased 444,895 ETH (worth $1.39 billion), and appears to have started selling. Eight hours ago, the whale withdrew 177,000 ETH (worth $561.3 million) from Aave and deposited 44,000 ETH (worth $140.2 million) into an exchange. The whale's purchase cost was about $3,437 per ETH, and is currently at a loss of approximately $125 million.

The largest ZEC short position on Hyperliquid has been held for over a month. Early this morning, an additional 5 million USDC was transferred into the account to increase margin. The 5x ZEC short entry price is $360, ZEC's current price is $686, and the liquidation price is $1,084, with an unrealized loss rising to $20 million. This address has been building ZEC short positions since October 11, continuously adding to the position to average down during price increases. The whale also opened a 15x ETH short position worth $26 million, currently with an unrealized profit of $7 million, entry price $4,094.

"Machi" Huang Licheng partially closed his ETH long position this morning and then slightly increased his position again. His current 25x ETH long position is worth about $25 million, entry price $3,397, liquidation price $3,049, ETH's current price $3,154, with an unrealized loss of $1.9 million. "Machi" realized a profit of $770,000 in the past week, with a total account loss now at $16.43 million.

A certain whale is holding large short positions in BTC, XRP, and ZEC, with a total value exceeding $190 million. The current positions are as follows:

40x short BTC position worth $148 million, entry price $96,065.2, liquidation price $97,560.2;

20x short XRP position worth $27.3 million, entry price $2.225, liquidation price $2.5;

10x short ZEC position worth $20.6 million, entry price $652, liquidation price $775.

The "Top 100% Win Rate Whale Counterparty" has just increased its 10x leveraged ETH short position to $20.11 million, with an average entry price of $3,186.98 and a liquidation price of $3,736.89.

The largest ZEC long position on Hyperliquid is currently holding a 5x leveraged ZEC long position worth $22.29 million, with an unrealized profit of $8.28 million per coin, an average entry price of $396.9, and a liquidation price of $358.44.