According to HyperInsight, select crypto whales continued net accumulation, led by the BTC OG Insider Whale boosting ETH exposure to about $3.92 billion in notional long. Unrealized gains on ETH sit near $10.5 million, with an average entry around $3,177 and new longs added at $3,362 and $3,280 near the $3,201 liquidation level.

Huang Licheng (‘Buddy’) carries an ETH long near $3,201, roughly $36.3 million, with about $110k unrealized profit. He trimmed select ETH longs overnight to lower risk; CZ‘s Counterparty holds a $172 million ETH long (36 days) with $3.39 million unrealized profit and a XRP long around $78.5 million with a $10.57 million unrealized loss (-134%).

Hyperliquid’s Largest ZEC Short remains active, with ETH short around $70.7 million and $5.1 million unrealized profit (108%), avg $3,502; ZEC short near $20.7 million with a $270k unrealized loss (-5%), avg $387. In related moves, the HYPE listing long sits around $39.8 million with a $13.6 million unrealized loss (-170%), while Calm Short Opener closed ZEC and SOL shorts and opened a new SOL short, lifting available funds to roughly $350k and a $4.54 million position.