BTC ETH The recent small cycle of rolling positions for Bitcoin and Ethereum has ended. Now entering a consolidation phase.

BTC ETH The recent small cycle of rolling positions for Bitcoin and Ethereum has ended. Now entering a consolidation phase.

A certain whale currently holds 30,000 ETH short positions, worth $66.9 million, with an average opening price of $2,283 and a floating profit of $1.59 million. After the Binance hack, the whale closed out long positions worth over $100 million, making a profit of $17.78 million, and then opened a short position of 20,000 ETH; yesterday afternoon, it added another 10,000 ETH to its short position at $2,430.
From the opening of the US stock market last night until noon on November 6, 159 addresses on Hyperliquid added a large amount of long positions of approximately $295 million across 27 assets, while reducing their holdings by approximately $252 million, resulting in a net increase of approximately $43.17 million in long positions. In the storage sector, SK Hynix saw a net increase of approximately $36.43 million in its holdings, SanDisk saw a net increase of approximately $14.05 million, and Micron saw a net decrease of approximately $7.75 million. In terms of individual stocks, Circle saw a net increase of approximately $21.91 million, while Apple experienced a net decrease of approximately $46.01 million. Meta, Nebius, and AMD also saw net decreases in holdings. In terms of indices and ETFs, the Nasdaq 100 saw a net increase of approximately $29.77 million, while the S&P 500 saw a net decrease of approximately $9 million. Address 0xefe4… maintained a long position of approximately $15.5 million in SanDisk, and address 0x72655… increased its holdings in Circle by approximately $22.28 million.
On Hyperliquid, LITE is trading at $535.74 and MRVL at $140.56. Based on the exchange rate of 4.5 MRVL shares for each LITE contract, the estimated exchange value is approximately $632.52. LITE is $96.78 lower, representing a discount of approximately 15.3%. The combined trading volume for both contracts over the past 24 hours is approximately $93.73 million. On the previous trading day, MRVL fell 16.43% to close at $133.55, corresponding to a share conversion reference value of $600.98 per LITE share; LITE fell 18.68% to close at $509.70, with the discount rate widening from 12.84% to 15.19%. Marvell plans to acquire Lumentum in an all-stock transaction, which is expected to be completed in the first half of 2028.
A whale account starting with address 0x0242 has made approximately $16.69 million in profit over the past three days in its perpetual account. As of press time, this address holds 34 short positions in Hyperliquid, with a total notional value of approximately $134 million and a floating profit of approximately $24.9 million. Compared to yesterday afternoon, the notional value of the short positions at this address decreased from approximately $144 million to $134 million, while the unrealized profit increased from approximately $14.01 million to $24.9 million, with the main profit coming from short positions related to chips and storage. SanDisk (SNDK) was the most profitable single position recently. The account increased its short position in SanDisk to 20,100 units, and the unrealized profit increased from approximately $3.51 million to $6.31 million. Besides SanDisk, the account's short positions in Intel, SOXL, and Micron have unrealized profits of approximately $4.03 million, $2.32 million, and $2.23 million, respectively. The four AI technology-related long positions involve Hynix ADR, Microsoft, Cerebras, and Broadcom, with a combined unrealized loss of approximately $34,000.
OKX Announces Launch of Perpetual Contracts (XLV), EIDO, and EWZS] OKX announced the addition of perpetual contracts (XLV), EIDO, and EWZS to multiple services, including futures contracts, officially launching on November 6, 2026 at 17:00 (UTC+8). Important Notes: - XLV/USDT, EIDO/USDT, and EWZS/USDT will be launched in batches from 17:00 to 17:30 on November 6, 2026. - Funding fee settlement cycle is 8 hours. If the fee rate reaches the upper or lower limit, it will automatically adjust to settlement once per hour. - Product availability is subject to regional restrictions. Please check whether trading is supported in your region.