Lookonchain APP

App Store

「ZEC&MON Top Short in History」 Take-Profit Section: The ZEC short position has made a profit of over $5 million, while simultaneously shorting MON has a unrealized gain of nearly $2 million.

60 minutes ago

December 2 — Per Coinbob Popular Address Monitor (link: https://t.me/Coinbob_track_CN), the "ZEC&MON Largest Short" address has been steadily closing its ZEC short position for profits since it flipped from loss to gain yesterday. The position size has dropped from $23.21 million yesterday to $9.88 million, realizing over $5 million in profits. It still holds an unrealized profit of $2.43 million (125%) and has racked up $15.33 million in weekly profits. The address initially opened a ZEC short on October 10 at an entry price of roughly $184, then added to the position to average up, pushing its average entry to $419. On October 17, it hit a maximum floating loss of $21 million, with a realized loss of nearly $3 million at that point. Monitoring shows the address is currently short on ETH, ZEC, MON, and HYPE simultaneously. Its biggest profit driver is the ETH short: it has a floating profit of $9.52 million (643%), a position size of around $22.16 million, and an average entry price of $4014. A recently opened 3x leveraged MON short has a position size of roughly $6.14 million, with a floating profit of $1.82 million (89%). The address still holds the largest short positions for ZEC and MON on Hyperliquid.
Relevant content

Suspected Ethena Labs Withdraws Another 25 Million ENA

Per LookOnChain monitoring, a suspected Ethena Labs wallet withdrew an additional 25 million ENA (valued at $6 million) from cryptocurrency exchange Bybit three hours ago on December 2. Since November 7, the same wallet has pulled a total of 405.15 million ENA (worth $96.8 million) from Bybit and Coinbase Prime.

5 minutes ago

Viewpoint: Bitcoin is expected to remain within a range in the near future, with $75,000 being the bull-bear line.

**December 2nd Update** Derek Lim, Research Director at crypto market maker Caladan, noted Bitcoin may continue trading in a range and consolidating between $83,000 and $95,000. Experts, however, maintain Bitcoin is currently in a bull market correction—not a full bear market—because, unlike previous cycle peaks, “we haven’t seen widespread frenzy or speculative excess.” Analyst Tim Sun added Bitcoin is unlikely to see a strong uptrend before the end of 2025; the more realistic scenario is it “focuses on building a bottom.” “As long as expectations for the Fed’s 2026 loose policy aren’t fully dashed, this phase is more likely a bottoming consolidation than a new long-term bear market,” Sun said. “But if Bitcoin drops below $75,000, this prediction is invalid and could lead to a steeper drop.” *Source: Decrypt*

5 minutes ago

Over the past 7 hours, two wallets bought 4.08M $EDEL($133K) in total.

Over the past 7 hours, two wallets bought 4.08M $EDEL($133K) in total. 0x6530 withdrew 62,460 $USDC from #Kraken to buy 2M $EDEL 6 hours ago. 0x3c05 withdrew 20.77 $ETH($58K) from #Binance to buy 2.08M $EDEL 7 hours ago.

5 minutes ago

Bitunix Analyst: ISM Manufacturing Contracts Again, Shadow Chair Rumors Heat Up, BTC Short-Term Focus on 88000 Resistance

December 2nd — **Macro & Policy Updates** The U.S. ISM Manufacturing PMI for November hit 48.2, marking its ninth straight month in contraction territory. Market hopes for a rebound failed to materialize, reinforcing expectations of Fed rate cuts. Meanwhile, recession fears flared again as economic outlook uncertainty deepened. Trump is accelerating internal transitions, and the “shadow effect” of his incoming Fed chair pick is already emerging early. Markets fear monetary policy guidance could face dual-signal confusion over the next six months, potentially triggering sharp swings in the dollar and rate expectations. **Crypto Market Volatility** Amid macro and policy noise, the crypto market hit another bout of volatility overnight. Bitcoin (BTC) rebounded from lows to near $87,000, though its overall structure remains in a weak repair phase. Short-term focus centers on whether BTC can break above the $88k liquidation level. A failure to clear this smoothly could send

5 minutes ago

Tom Lee: S&P 500 to Rise to 7300, Surge in Market Liquidity Could Be Explosive

On Monday, December 2, Tom Lee told CNBC’s *Squawk Box* the S&P 500 is primed for a year-end “melt-up.” He stressed 7,200–7,300 points isn’t a fantasy—it’s a target “very likely to be achieved in December.” To cut through ambiguity, he flatly stated: “I am very bullish.” Lee argues traders are overlooking three critical factors: liquidity, capitulation selling, and the current time window. The market’s biggest tailwind has arrived, he noted: “Quantitative tightening (QT) is now ending.” With the Fed poised to cut rates this month and its balance sheet contraction halting after nearly three years, Lee believes a liquidity surge could be explosive. He added that institutional sentiment has cracked in closed-door meetings: many fund managers are “throwing in the towel” and planning to coast until January. If December delivers strong momentum, Lee expects a wave of FOMO (fear of missing out) buying—driven by fear of career-threatening underperformance—to kick off. This classic “perfo

5 minutes ago

Web3 robotics company XMAQUINA has announced the completion of a new funding round, led by Borderless.

December 2nd, Web3 robotics firm XMAQUINA announced it has closed a new funding round. The round was led by Borderless, with participation from Waterdrip Capital, vVv, Clairvoyant Labs, and strategic angel investors from Arkstream Capital, LD Capital, and KuCoin Ventures. Its terms align with those of the third wave of the prior Genesis Auction. XMAQUINA added it will host a community presale with strategic partners ahead of its final Token Generation Event (TGE). Full details will be released in the coming weeks.

5 minutes ago