On-Chain Whale Watch: Dormant 10-Year Ethereum ICO Address Activated, Bitmine-Linked Address Continues to Accumulate ETH

BlockBeats News, November 30th, according to Hyperinsight monitoring, in the past 24 hours, the on-chain activities of major whales are as follows:

The "1011 Insider Whale" opened a 5x ETH short position yesterday, with a position size of $15 million (5,000 ETH), entry price at $3,001.81, liquidation price at $5,056. They closed the short position in the early morning and made a profit of $55,000, with a final closing price of $2,989.85.

The "Brotherhood Buddy" Huang Lizheng added to his Ethereum long position with 25x leverage, reaching $286 million, opening price at $2,981.59, liquidation price at $2,885.75. He also holds about $880,000 in HYPE long position, with an entry price of $34.411.

A certain "contract whale who switched to spot trading after a significant loss" increased their ETH holdings by 1,000 ETH. This whale currently holds 7,066 ETH worth $212.2 million and has 4.78 million USDC idle, likely to purchase more ETH.

In the recent HyperLiquid team's unstaking of 2.6 million HYPE tokens ($91 million), 854,254 HYPE tokens ($29.9 million) were restaked into the same wallet. Subsequently, 1,745,746 HYPE tokens ($61.1 million) were transferred to 29 new wallets. So far, 609,100 HYPE tokens ($21.3 million) have been sent from 10 wallets to Flowdesk (an OTC off-exchange trading institution).

A dormant Ethereum ICO address inactive for over 10 years, "0x2dCA," was activated this morning, transferring 5 ETH to a new address for testing, and then moving the remaining 39,995 ETH, valued at approximately $1.194 billion. This address initially bought 40,000 ETH for about $12,400 during the ICO phase, yielding approximately 9,639x returns based on the current price.

The "2016 ETH Ancient Whale with a cost basis as low as $203.22" has apparently been selling 7,000 ETH over the past month through Wintermute, with an average transfer price of $3,024. If sold, they would profit $19.745 million. This whale recharged 1,000 ETH (valued at $301 million) to Wintermute this morning and still holds 26,992.67 ETH, with a total value of approximately $80.99 million.

An Ethereum first-party institutional address associated with Bitmine received 16,693 ETH from FalconX this morning, worth $50.1 million.