Top Whale Movements Overview:
"Whale Pal" Longs Liquidated Multiple Times, "CZ's Countertrade" ETH Longs Facing $21.22M Unrealized Loss

On December 2nd, per monitoring from HyperInsight (via their Telegram channel at https://t.me/HyperInsight), the crypto market has seen notable volatility recently—with several prominent whales on Hyperliquid reporting varying losses. Details below: **“Sidekick” Calvin** Over the past 9 hours, Calvin deposited $250,000 into Hyperliquid and continued adding to his ETH long position. His current position size is $7.7 million, with an unrealized loss of $120,000. Yesterday, his long positions were liquidated multiple times—totaling a $1.25 million loss that briefly dropped his account balance to $110,000. **“CZ Whale Counterparty”** Unrealized losses have grown overall. The whale’s ETH long position has an unrealized loss of $21.22 million (-217%), with an average entry price of $3,201 and a position size of ~$146 million. They also hold an XRP long position (~$78.46 million size, $2.29 average entry) with an unrealized loss of $10.49 million (-134%). Currently, this whale is the largest ETH and XRP long holder on Hyperliquid. **Hyperliquid’s Largest ZEC Short Holder** This whale has been steadily closing profitable ZEC short positions since yesterday morning, cutting its size from $23.21 million to $9.88 million. Current unrealized profit is $2.20 million (113%), with weekly gains of $15.33 million. **Suspected HYPE Listing Insider Whale** Unrealized losses on their HYPE long position have widened to $11.20 million (-142%), with an average entry price of $39 and a position size of ~$39.18 million. **“Basket Long on Shitcoins” Whale** Excluding FARTCOIN, the whale incurred significant losses on the remaining 20 shitcoins, posting an account-wide unrealized loss of $4.90 million. Current total position size is ~$22.54 million.