Lookonchain APP

App Store

Popular Whale Activities Overview: "CZ's Countertrade" Turns From $21 Million Unrealized Loss to Gain, "Buddy" ETH Long Position Nets $2 Million Unrealized Gain

2025.12.04 09:49:33

On December 4th, per monitoring from **HyperInsight** (https://t.me/HyperInsight), the crypto market has recently warmed up, with some bullish whales turning losses into gains or expanding profits. The "Suspected XPL Insider Trading" whale opened long positions today after over 10 days of inactivity. Key details follow: ### "Buddy" Huang Licheng In the past 2 hours, Huang partially closed long positions in ETH, ZEC, and HYPE. After rolling over positions repeatedly in recent days, he reopened long positions again. - Current main positions: - ETH long: $29.46M (unrealized profit: $2.03M | +171%) - HYPE long: $3.41M (unrealized profit: $0.14M | +43%) ### "CZ Contrarian" His ETH long position has flipped from loss to gain (unrealized profit: $0.46M)—two days ago, it was $21M in the red. - ETH: ~$168M position size | avg entry $3,201 - XRP long: $85.38M position size | avg entry $2.29 | unrealized loss: $3.63M (-42%) - *Largest ETH and XRP long holder on Hyperliquid* ### "Largest ZEC Short on Hyperliquid" This whale has added to short positions in ETH, ZEC, etc., over the past 3 hours. - ETH short: $48.72M | unrealized profit: $5.50M (+168%) - ZEC short: $10.12M | unrealized profit: $2.01M (+99%) ### "Suspected XPL Insider Trading" Whale After 10+ days of silence, this whale reopened positions recently. - Current account balance: ~$23.98M - Past 2 hours: Opened 5x-leveraged ETH long and 7x-leveraged SOL long at the bottom | total position size: $6.19M ### "James Wynn" The 40x-leveraged BTC long position opened 2 days ago now has $0.24M unrealized profit (+340%) | position size: ~$2.88M. - Past 2 hours: Attempted to short SOL twice but closed positions shortly after. This rewrite uses concise, news-friendly language (common in U.S. crypto updates), streamlines jargon for clarity, and prioritizes key metrics (size, P&L, leverage) for quick scanning.
Relevant content

Arthur Hayes holds 4.86 million ENA and 697,851 ETHFI

On December 31, per LookOnChain monitoring data, Arthur Hayes added 4.86 million ENA (worth roughly $986k) and 697,851 ETHFI (worth approximately $485k) to his holdings.

1 seconds ago

The "Long to Short Flip" Whale Initiates ETH Long Hedge Position, with a Total Unrealized Loss of $240,000

On December 31, monitoring from HyperInsight (via https://t.me/HyperInsight) shows the whale address 0x50b30 took a 20x-leveraged short position on 798.73 BTC (valued at ~$70.72 million) and opened an 18x-leveraged long position on 5,626.42 ETH (valued at ~$16.71 million) as a hedge. The total unrealized loss is $240,000.

1 seconds ago

The U.S. Accounting Standards Board will explore whether certain stablecoins qualify as "cash equivalents"

Dec. 31 — The U.S. Financial Accounting Standards Board (FASB) plans to explore in 2026 whether certain stablecoins qualify as "cash equivalents" and study accounting for cryptocurrency transactions (including wrapped tokens), according to The Wall Street Journal. The move comes amid the Trump administration’s push for crypto policies and the passage of the U.S. Stablecoin Innovation Act (GENIUS Act). Rich Jones, FASB chair, noted these crypto-related projects are already on the agenda. Previously, in 2023, FASB required businesses to account for cryptocurrencies like Bitcoin and Ethereum using fair value accounting—but the rule at that time excluded NFTs and certain stablecoins.

1 seconds ago

Shaw: Quantum Computing Threat to Bitcoin Is Nonsense, FUDsters Know Nothing

December 31 ElizaOS founder Shaw weighed in on the “quantum computing threat to Bitcoin” on Monday, pushing back against media hype by noting its actualization is far further off than current coverage suggests. For hash functions like SHA-256, Grover’s algorithm only cuts the search space from 2^256 to 2^128—but 2^128 remains unbreakable with foreseeable technology. Shor’s algorithm can theoretically crack RSA/ECDSA encryption, but today’s quantum computers rely mostly on preprocessing or known-factor optimizations, not a full universal implementation of Shor’s algorithm. Cracking Bitcoin (a real-time network) would demand fast, repeated executions. If that were to happen, all encrypted data would be exposed—making Bitcoin the least of our worries. Modern cryptography has always accounted for future computational advances, and quantum acceleration was anticipated and built into designs decades ago. “Next time you see fear-mongering or hype about quantum computing, remember t

1 seconds ago

The Dark Side of the Moon Completes $500 Million Series C Funding Round, Lead by IDG with $150 Million

**December 31 –** The Dark Side of the Moon (Kimi) has closed its $500 million Series C funding round, led by IDG with a $1.5 billion investment. Existing shareholders including Alibaba, Tencent, and Wang Huiwen have subscribed to additional shares, pushing the company’s post-investment valuation to $4.3 billion. Wang Huiwen has already invested a total of $70 million in the firm, per reports. A source close to the company noted primary market enthusiasm for The Dark Side of the Moon exceeded expectations. On the same day, Yang Zhilin, founder and CEO of The Dark Side of the Moon, issued an internal memo revealing the company holds over 10 billion RMB in cash reserves—an amount comparable to the post-IPO cash holdings of Zhipu and MiniMax. - As of June 2025, Zhipu has $2.55 billion in cash on hand, with an expected IPO raise of ~$3.8 billion. - As of September 2025, MiniMax holds $7.35 billion in cash, targeting an IPO fundraising range of $3.4–$3.8 billion. Sources added,

1 seconds ago

SlowMist: Beware of Browser History Manipulation Attacks, Malware Attacks on the Rise

On December 31, SlowMist published its **Q4 2025 Security Incident Analysis**, highlighting two critical threats: a new, more covert phishing tactic and a resurgence in computer malware attacks. ### Key Phishing Tactic Even when users manually type the **correct official domain name**, they may still be redirected to a phishing site. Some victims reported that despite entering the right address, their browsers auto-completed it to an attacker’s forged domain—*not due to user error*, but because attackers previously polluted browser history via ads, social media prompts, or false announcements. Once the phishing domain is stored in the browser’s autocomplete cache, typing the intended address triggers a redirect to a fake site nearly identical to the official one. ### Malware Resurgence Computer malware attacks are on the rise again. Attackers typically stealthily implant malicious programs on users’ devices via: - Phishing links - Social media DMs (direct messages) - So

1 seconds ago