Crypto Rebound: Who Really Profited? ETH Whales Take Profit as BTC OG Insider Whale Still Faces Loss

BlockBeats News, August 25th, according to TradingBeats data, among the recent top whales with a significant increase in account funds, the largest bull of HYPE still leads with a floating profit of about $58.14 million; the BIT-related address has cleared its ETH position, realizing a net profit of about $31.26 million.

BTC OG Insider Whale (BTC's largest bull): Long 1,268.3 BTC with a floating profit of about $5.6 million, but at the same time, short 1,340 ZEC with a floating loss of about $13.4 million, with a total position still floating at a loss of about $7.8 million; still not profitable.

BIT-Associated Whale (ETH's largest bull): The 4 associated addresses previously held a long position of about 120,000 ETH, which has now been completely liquidated. After deducting funding fees and expenses, a net profit of about $31.26 million was made.

HYPE Largest Bull: Holds 1.38 million HYPE in a long position, worth about $112 million, with a cost of $38.68 per token, and a floating profit of about $58.14 million. Costs including funding fees amount to about $5.1 million.

“819 ETH Insider Whale”: Purchased 20,000 ETH at an average price of $1,936 and has not reduced the position since. The current position is worth about $49.97 million, with a floating profit of about $11.25 million.

ZEC Largest Bull: Entered the position 39 days ago, holding 20,800 ZEC, with a floating profit of about $6.58 million, and a total accumulated profit of about $8.44 million.

Buddies: The cumulative floating profit of ETH, BTC, and HYPE long positions is about $2.04 million, with a total profit of about $10.26 million in the past 30 days; however, the total accumulated loss is still about $25.71 million, showing a significant recovery but not yet turning a profit.

On-chain Profit/Loss Leaderboard: https://www.tradingbeats.xyz/leaderboard