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News linked to both this project and an event.

Bitwise CIO: The crypto market is shifting from momentum trading to contrarian bets; further sustained rallies in major cryptocurrencies await legislative clarity.

According to The Block, Bitwise CIO Matt Hougan noted in his latest weekly report that as the Nasdaq-100 Index has surged 43% year-to-date and AI-related stocks continue attracting capital, the crypto market is undergoing a shift—from “momentum trading” to “contrarian bets.” Investors must adopt a long-term perspective and focus on fundamentals. Hougan also observed that during this crypto winter, capital has not flowed into mainstream safe-haven assets like Bitcoin; instead, it has poured into mid- and small-cap tokens with distinctive narratives—such as Hyperliquid (up 72% month-to-date), Zcash (up 50%), and Stellar (up 44%). Additionally, he emphasized that uncertainty surrounding the Clarity Act—a proposed legislative framework for crypto market structure—remains a key constraint on institutional capital inflows. Galaxy analysts and Polymarket both estimate the bill’s passage probability at roughly 50–55%. A sustainable rally in major crypto assets may only materialize after the legislation is enacted.

HYPE short positions suffer losses exceeding $36 million, whale Loracle closes short positions in BTC, LIT, TON, and VVV

According to Onchain Lens monitoring, whale Loracle has closed its short positions in BTC, LIT, TON, and VVV. The HYPE short position is still being closed, with a remaining 1.518 million HYPE short position, approximately $105 million, resulting in losses exceeding $36 million. Loracle has newly opened a 10x long position in ZEC, as well as 5x long positions in ASTER and TON, and its holdings are continuing to increase.

Garret Jin increases BTC 5x long position to $92.38 million, currently facing an unrealized loss of $4.098 million

according to on-chain analyst Ai Yi's monitoring, Garret Jin has increased his BTC 5x long position to 1268.33 coins, valued at $92.38 million, with an opening price of $76,117. He currently has an unrealized loss of $4.098 million; his ZEC short position currently has an unrealized profit of $5.82 million, and his overall account remains profitable. Garret Jin had previously opened BTC and ETH short positions worth over $1.1 billion just before the 1011 flash crash, generating profits exceeding $160 million; in December last year, he opened long positions for BTC, ETH, and SOL worth up to $700 million, which were later liquidated in a single day, resulting in a loss of $230 million.

A whale closed a ZEC long position at a loss of over $1.2 million, then opened a 10x leveraged long position on HYPE worth $16.6 million

According to Onchain Lens monitoring, a whale closed a ZEC long position at a loss of over $1.2 million, then opened a long position on 263,400 HYPE tokens with 10x leverage, with a position value of $16.6 million.

A whale has withdrawn 2,872 ZEC from Binance, now holding 14,500 ZEC with an unrealized profit of $3.367 million

According to Onchain Lens monitoring, a whale has withdrawn 2,872 ZEC (worth $1.66 million) from Binance. The whale currently holds 14,500 ZEC (worth $8.35 million), with an unrealized profit of $3.367 million.

Whale Evaded Liquidation of ZEC and BTC Long Positions, Incurring $4.83 Million Loss, Then Opened 30x Leveraged BTC Short Position

According to on-chain analyst Onchain Lens (@OnchainLens), the whale “Evaded” has closed its long positions in ZEC and BTC, incurring a loss of $4.83 million. Subsequently, it opened a new short position of 940 BTC with 30x leverage, valued at approximately $71 million. Its total loss has now exceeded $3.69 million.

A whale opened a long position of 142,754 HYPE tokens with 10x leverage, valued at approximately $9 million.

According to on-chain analyst Onchain Lens (@OnchainLens), the whale address 0x3ed opened a leveraged long position of 142,754 HYPE tokens at 10x leverage, valued at approximately $9 million. This whale also holds a 10x leveraged long position in ZEC, currently facing a floating loss exceeding $425,000.

Hyperliquid accounts "Evaded" and "Garret Jin" are counterparties, with cumulative floating losses of $2.2 million

According to monitoring by on-chain analyst Ai Yi, the Hyperliquid account "Evaded" holds positions in the completely opposite direction and with a similar amount to the 1011 whale (Garret Jin), who previously experienced a liquidation of $230 million."Evaded" (@ICanPlug) is shorting BTC with 40x leverage, holding a position worth $40.3 million; and longing ZEC with 5x leverage, holding a position worth $32.67 million.Garret (@GarrettBullish) is longing BTC with 5x leverage, holding a position worth $38.68 million; and shorting ZEC with 3x leverage, holding a position worth $35.14 million.Currently, "Evaded" has a cumulative floating loss of $2.2 million, while Garret has a floating profit of $450,000.

ZEC dropped 8.5% intraday; a whale on Hyperliquid was liquidated for $1.48 million while going long on the dip.

According to Hyperinsight monitoring, ZEC has been undergoing a sustained pullback from its intraday high today, with a cumulative decline of 8.5%—reaching a low of $620. This pullback triggered consecutive liquidations of a large whale’s long positions on Hyperliquid, resulting in approximately $1.48 million in forced liquidations. During ZEC’s decline, this address repeatedly opened leveraged long positions, accumulating a total of 2,403 ZEC near $649 (at which point ZEC had pulled back roughly 4.56% from its intraday high). However, the market failed to stabilize at this accumulation level; price continued falling and breached the address’s liquidation price, resulting in a loss of approximately $86,000.

Whale opened a 525.34 BTC short position one hour ago, with a position value of $40.26 million

According to on-chain analyst Onchain Lens (@OnchainLens), the whale Evaded (@ICanPlug) opened a 40x short position of 525.34 $BTC one hour ago, with a position value of approximately $40.26 million. Additionally, two days ago, they opened a 5x long position of 53,500 $ZEC, valued at approximately $33.3 million; the position is currently showing a floating loss exceeding $1.48 million.

Whale opens $40.26M BTC short position while holding a $33.3M ZEC long position

Odaily Odaily News According to Onchain Lens monitoring, Whale Evaded (@ICanPlug) opened a 40x leveraged short position of 525.34 BTC approximately 1 hour ago, with a position value of about $40.26 million.Additionally, they opened a 5x leveraged long position of 53,500 ZEC approximately 2 days ago, with a position value of about $33.3 million. This position currently has an unrealized loss exceeding $1.48 million.

Garrett Jin increased his HYPE holdings to 184,182 tokens, valued at approximately $11 million.

According to on-chain analyst Onchain Lens (@OnchainLens), Garrett Jin (Bitcoin OG #10/#11) has increased his HYPE holdings to 184,182 tokens—worth approximately $11 million at current prices. He currently maintains a 5x long position on BTC and a 3x short position on ZEC; the unrealized losses on these positions have exceeded $1.7 million.

The whale that suffered a $230 million liquidation has placed another order, planning to buy $2.475 million worth of HYPE at $61.98

according to on-chain analyst Ai Yi's monitoring, the 1011 whale that suffered a $230 million liquidation placed another order in the early hours of today, planning to buy $2.475 million worth of HYPE at $61.98. After depositing $40 million into Hyperliquid, the account overview is as follows:1. HYPE Spot: Holding 148,000 tokens, valued at $9.127 million, with an unrealized profit of $624,000;2. Long BTC with 5x leverage: Holding 504 BTC ($38.88 million), with an unrealized loss of $160,000;3. Short ZEC with 3x leverage: Holding 57,000 ZEC ($37.54 million), with an unrealized loss of $1.54 million.

“1011 Insider Whale” Agent Garrett Jin Buys $9.05M in HYPE in Four Days, Continues Accumulation with Pending Orders

According to Lookonchain monitoring, Garrett Jin (@GarrettBullish), an agent of the “1011 insider whale,” has accumulated a total of 145,050 HYPE tokens over the past 4 days, worth approximately $9.05 million. He has also set a TWAP order to purchase an additional 39,940 HYPE tokens, valued at about $2.44 million.Furthermore, he currently holds 504.4 BTC long positions, with a position value of around $38.9 million; concurrently, he holds 57,460 ZEC short positions, with a position value of about $38 million. His overall floating loss currently stands at approximately $2.11 million.

“1011 Insider Whale” agent Garrett Jin increases HYPE holdings to 144,183 tokens, worth $9.03 million

according to Onchain Lens monitoring, the “1011 Insider Whale” agent Garrett Jin (0x92e...0e9) has increased his HYPE holdings to 144,183 tokens, worth $9.03 million. He still holds a 5x long position on BTC and a 3x short position on ZEC, with floating losses exceeding $1.8 million.

“1011 Insider Whale” Agent Garrett Jin Opens $34.47 Million Short on ZEC, Increases HYPE Holdings to 68,560 Tokens

according to Onchain Lens monitoring, "1011 Insider Whale" agent Garrett Jin (@GarrettBullish) opened a 3x short position of 57,460 ZEC on the Hyperliquid platform, valued at $34.47 million, and increased his HYPE holdings to 68,560 tokens, worth $38 million.The address still holds a 5x long position of 504 BTC, with an unrealized loss of $920,000.

Analyst: ZEC Nears Key November Resistance Zone, Potential Turning Point Ahead

Odaily News Crypto analyst Ali posted on X, stating that the privacy-focused cryptocurrency project Zcash (ZEC) has accumulated gains of over 40% in the past week. The current price is now approaching the key resistance zone that triggered a significant correction last November, specifically the $700 to $730 range. If ZEC can effectively break through and consolidate above this range, it could open up further upward potential. Conversely, if it encounters strong selling pressure again, it may repeat the previous pattern of a sharp rally followed by a pullback.

Whale Avoided $7.5M in Unrealized Gains Over 4 Days, Then Opened a $38.63M ETH Long Position with 25x Leverage

According to on-chain analytics platform Lookonchain (@lookonchain), the whale Evaded (@ICanPlug) holds long positions of 36,875 ZEC (approximately $24.15 million) and 287,618 HYPE (approximately $20.94 million), generating unrealized profits exceeding $7.5 million in less than four days. Today, this address opened another long position of 18,100 ETH with 25x leverage, valued at approximately $38.63 million.

“1011 Whale” Buys $2.49 Million in HYPE Spot, Opens $1.26 Million ZEC Short

According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, the "1011 whale who once suffered a $230 million liquidation" currently holds $2.49 million worth of HYPE spot, with an additional approximately $407,000 HYPE buy order pending.Furthermore, this address also holds $39.21 million worth of BTC long positions, and has opened a $1.26 million 3x leveraged ZEC short position. Meanwhile, it has placed approximately $1.22 million in ZEC limit sell orders in the price range of $653.58 to $661.4.

Whale Evaded Increased Its ETH Long Position with 25x Leverage, Valued at Approximately $38.5 Million

According to on-chain analyst Onchain Lens (@OnchainLens), the well-known whale Whale Evaded (@ICanPlug) has increased their 25x leveraged long ETH position to 18,100 ETH (approximately $38.5 million), while maintaining their 10x leveraged long positions in ZEC and HYPE. Their current unrealized profit exceeds $7.6 million.