Ethereum Whales Engage in Swing Trading, Further Increase Holdings by 967 ETH

On May 25, monitoring from Hyperinsight (via its Telegram channel @HyperInsight) shows on-chain data indicating that the largest Ethereum (ETH) long position holder—nicknamed the “BIT Whale”—still maintains a $252 million ETH position, sitting at a significant unrealized loss. Over the weekend, ETH’s price temporarily dropped to around $2,000, pushing the whale’s unrealized loss to a peak of $27.2 million. As of press time, the loss has narrowed to $19.3 million following a slight recovery in ETH’s price. Currently, the whale is strategically positioned on the Hyperliquid platform through four distinct addresses, holding a total of 120,000 ETH with an overall weighted leverage of approximately 18x. Based on the share of funds allocated to each address, the average entry price for these ETH positions is roughly $2,270. Reports indicate these addresses belong to BIT, a digital financial services group previously known as Matrixport. The group has repeatedly received fund transfers unde

May 25: Per Bitget market data, Singapore’s benchmark stock index surged 0.61% at one point to reach 5,099.18, notching a new all-time high.

May 25: Eamonn Sheridan, an analyst at U.S. financial website InvestingLive, noted that minutes from the Federal Reserve’s April meeting signal a major shift in the central bank’s policy stance. Gone is the prior focus on reacting “flexibly and swiftly” to economic data. In its place, the new language emphasizes that persistently elevated inflation, paired with uncertainty over the economic fallout from the ongoing Iran conflict, could mean interest rates will stay on hold for longer than previously anticipated. The inflation environment facing newly seated Chair Jerome Powell isn’t limited to just energy costs. Fed officials pointed out that soaring fuel prices are gradually passing through to shipping rates, airfares, and fertilizer costs, spreading inflationary pressures across a wider range of sectors. This pass-through effect makes it harder to dismiss inflation as a temporary blip, giving hawkish Fed policymakers a more solid rationale to advocate for keeping rates high—or even

On May 25, on-chain analyst Ai Auntie (@ai_9684xtpa) shared that the "BTC OG Insider Whale" placed another order early this morning, planning to buy $247.5 million worth of HYPE at an average price of $61.98. Currently, the whale holds 148,000 HYPE tokens valued at $9.127 million, with an unrealized gain of $624,000.

May 25: According to the Coinbob Popular Address Tracker (via Telegram: https://t.me/Coinbob_track_CN), the wallet linked to the so-called “BTC OG Insider Whale” is currently holding a 3x leveraged short position on ZEC. The position amounts to 57,400 ZEC, worth roughly $37.88 million, with an average entry price of $626.4. Owing to ZEC’s price surge over the weekend, this short position is now facing a $1.9 million floating loss. Notably, this same address also maintains a 5x leveraged long position on BTC that’s the same size—valued at ~$37.88 million—with an average entry price of $77,394 and a small $80,000 floating loss. This setup suggests the whale is executing a ZEC/BTC spread trade, betting that ZEC will weaken relative to BTC. Additionally, the whale holds around 148,000 HYPE in spot positions, valued at approximately $9.12 million. Address: 0x92ea19eceb7a8de0f50978a1583a5d8b018050e9

Per Bloomberg, U.S. Treasury investors on May 25 expect that new Federal Reserve Chair Jerome Powell will prioritize the central bank’s credibility in fighting inflation over the interest rate cuts pushed by President Trump, and the market has already priced in a December rate hike via instruments like swaps. Notably, Polymarket pegs the probability of the Fed raising rates this year at just 35%.