A glimpse into the movements of major on-chain whale: Arthur Hayes, a massive ETH whale that suffered a $125 million loss, cuts his losses by selling approximately $5 million worth of Ethereum ecosystem tokens.

According to Mars Finance, on November 16th, Hyperinsight monitored the following activity of major whale on the blockchain over the past 24 hours: BitMEX co-founder Arthur Hayes sold approximately $5 million worth of Ethereum ecosystem tokens today, totaling 780 ETH ($2.48 million), 5.02 million ENA ($1.384 million), 640,000 LDO ($480,000), 1,630 AAVE ($289,000), 28,670 UNI ($209,000), and 132,730 ETHFI ($124,000). The largest short seller of ZEC on Hyperliquid has been holding positions for over a month. Early this morning, he transferred another 5 million USDC to his account to increase margin. His 5x ZEC short position opened at $360, and with ZEC currently at $686 and a liquidation price of $1084, his unrealized loss has risen to $20 million. This address initiated a short position in ZEC on October 11th, continuously adding to the position to average down the cost as the price rose. This whale also opened a 15x leveraged short position in ETH, worth $26 million, currently showing a floating profit of $7 million, with an opening price of $4,094. "Maji" Huang Licheng partially closed his ETH long positions this morning and then slightly added to his positions again. His current 25x leveraged ETH long position is worth approximately $25 million, with an opening price of $3,397 and a liquidation price of $3,049. With ETH currently at $3,154, the floating loss is $1.9 million. "Maji" has achieved a profit of $770,000 in the past week, but his total account loss is currently $16.43 million. A whale short a large short position in BTC, XRP, and ZEC, with a total value exceeding $190 million. Its current positions are as follows: a 40x short short position in BTC worth $148 million, with an opening price of $96,065.2 and a liquidation price of $97,560.2; a 20x short short position in XRP worth $27.3 million, with an opening price of $2.225 and a liquidation price of $2.5; and a 10x short short position in ZEC worth $20.6 million, with an opening price of $652 and a liquidation price of $775. The whale address that previously short 66,000 ETH to short recently purchased 444,895 ETH (worth $1.39 billion), suggesting it may be starting to sell. Eight hours ago, it withdrew 177,000 ETH (worth $561.3 million) from Aave and deposited 44,000 ETH (worth $140.2 million) into Binance. The whale's purchase cost was approximately $3,437, and it is currently showing a loss of approximately $125 million. The "top 100% win rate whale counterparty" just added to its ETH short position with 10x leverage, bringing it to $20.11 million, with an average entry price of $3,186.98 and a liquidation price of $3,736.89. The largest ZEC long position on Hyperliquid currently holds a $22.29 million ZEC long position with 5x leverage, showing a floating profit of $8.28 million per coin, with an average entry price of $396.9 and a liquidation price of $358.44.