On-chain Whale Movements Overview: Ethereum ICO Address Dormant for Over 10 Years Activated, Bitmine-Linked Address Continues to Accumulate ETH

According to ChainCatcher, monitored by Hyperinsight, here is an overview of the on-chain activities of popular active whales in the past 24 hours: The "1011 Insider Whale" opened a 5x ETH short position with a position size of $15 million (5,000 ETH), entry price at $3,001.81, and liquidation price at $5,056. The whale closed the ETH short position early this morning, making a profit of $55,000, with the final closing price at $2,989.85. "Brother Machi" Huang Licheng increased his ETH long position to 25x leverage, totaling $28.6 million, with an opening price of $2,981.59 and a liquidation price of $2,885.75. He also holds approximately $880,000 in HYPE long positions, with an opening price of $34.411.

A whale address that "switched to spot trading after suffering large contract losses" increased its holdings by 1,000 ETH. This whale currently holds 7,066 ETH worth $21.22 million and has 4.78 million USDC idle, indicating a high possibility of further ETH purchases. Among the recent 26 million HYPE (worth $91 million) unstaked by the HyperLiquid team, 854,254 HYPE (worth $29.9 million) were restaked into the same wallet. Subsequently, 1,745,746 HYPE (worth $61.1 million) were transferred to 29 new wallets.

So far, 609,100 HYPE (worth $21.3 million) have been sent from 10 of these wallets to Flowdesk (an OTC trading institution). An Ethereum ICO address "0x2dCA" that had been dormant for over 10 years was activated this morning, transferring 5 ETH to a new address for testing, and then transferring the remaining 39,995 ETH, worth about $1.194 billion. This address originally purchased 40,000 ETH for about $12,400 during the ICO phase, resulting in a cumulative gain of approximately 9,639 times at current prices.

The "ancient ETH whale from 2016 with a cost as low as $203.22" has reportedly sold 7,000 ETH through Wintermute over the past month, with an average transfer price of $3,024, which would yield a profit of $19.745 million if sold. This whale deposited 1,000 ETH (worth $3.01 million) to Wintermute this morning and still holds 26,992.67 ETH, with a total value of about $80.99 million. A newly created address associated with Bitmine, the largest ETH holding institution, received 16,693 ETH from FalconX this morning, valued at $50.1 million.

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