On-chain data from the latest crypto rally reveals major whale movements across Bitcoin (BTC), Ethereum (ETH), and Hyperliquid (HYPE), with hundreds of millions of dollars in positions opened and closed. A whale linked to Matrixport closed a 40,000 ETH long position worth about $100.5 million, booking a $9.9 million profit, while still holding 80,000 ETH worth roughly $201 million and 500 BTC worth about $39 million. Those remaining positions carry an unrealized profit of approximately $22.9 million, turning a prior total loss of $92.5 million into an overall profit of about $32.8 million.
On Hyperliquid, whale loracle.hl has lost more than $70 million on HYPE trades over three months and still holds about 685,744 short positions worth $54.88 million, with liquidation risk near a HYPE price of $101.15. Meanwhile, Machi Big Brother increased capital from $152,000 to $12.72 million in three days, a profit of over $12.5 million. Multicoin Capital deposited 427,422 HYPE worth about $31.74 million into Coinbase Prime over three days. On Bitcoin, an anonymous whale sold about 2,700 BTC worth $211.8 million in the latest move, bringing three-day sales to 7,700 BTC valued at roughly $576.6 million. Separately, Ethereum whale 0x2684 sold 15,765 ETH for a $9.5 million profit after buying 79,216 ETH at $1,777 and selling at $2,281, with traders watching for further volatility.
