A glimpse into the movements of major on-chain whale: "Mommy's" ETH long positions are reduced to mere "ant positions," while Bitmine-related addresses continue to increase their holdings.

According to Mars Finance, on November 24th, Hyperinsight monitored the following activity of major whale on the blockchain over the past 24 hours: "Machi Big Brother" Huang Licheng reduced his ETH long position by 25x this morning, leaving him with only a small "ant position" of 1 ETH, worth $2,840. His ETH long have resulted in a loss of $1.39 million in the past week and $6.8 million in the past month, bringing his total account loss to $18.56 million. AAVE whale that had some positions liquidated during the October 11th crash have increased their holdings by 24,000 AAVE today (worth approximately $4 million). This address now holds a total of 276,000 AAVE at an average price of $165. Address "0x184" deposited 1 million USDC into HyperLiquid and opened a 25x leveraged ETH long position. The opening price was $2799.01, the liquidation price was $2628.69, and the position size reached 4685 ETH. The 1inch team increased its holdings by $4.785 million in 1INCH over the past two days, with an average cost of $0.184. Currently, the team holds 119 million 1INCH, worth $21.74 million. "Calm Opening King" reduced his ZEC short positions by $2.6 million, widening the overall unrealized loss on short positions to $4.05 million. Currently, the team holds $41.74 million in BTC short positions with an unrealized loss of $1.84 million (liquidation price $89,018); $30.97 million in SOL short positions with an unrealized loss of $1.51 million (liquidation price $136.73); $11.31 million in XRP short positions with an unrealized loss of $0.69 million (liquidation price $2.22); and $4.11 million in ZEC short positions with an unrealized loss of $10,000 (liquidation price $684.55). A new wallet, possibly linked to Bitmine, received 21,537 ETH, worth $59.17 million, from FalconX yesterday.