Daily reportWednesday, 28 October 2026at the close, Thu, 29 Oct 2026, 00:00 UTC
Large whales lean short on crypto and on stocks.
Whale Tide 29, short, up 2 since yesterday. 55% of directional whale money is under water, 7.8% from entry on average.
Crypto
Whales lean short on BTC (61% of $1.91B in whale positions) and on ETH (59% of $1.73B). Retail leans the other way: crowd 69 against the whales' 25. $96M of crypto whale positions sit within 5% of liquidation, 54% of them longs.
TradFi
In TradFi whales lean short on stocks (Tide 42), long on indices (Tide 58) and long on energy (Tide 57). The clearest lean among the headline markets: oil, 60% long of $158M. Tracked whales lost $123K to liquidation in TradFi in the last 24 hours, all of it shorts.
Under water
Over the last 32 daily closes, the share under water ran from 53% to 62%.
Money at a loss at the day's closing price, counted like the Tide: directional whales only. Hedges and market makers stay out, because one leg of a hedge is always at a loss.
Near liquidation
Longs hold $83.5M of the money near liquidation, shorts $68.7M. Over the last 32 daily closes the total ran from $12.9M to $383M.
Whale money within 5% of its liquidation price, every wallet counted. Longs there would be forced to sell into a fall, shorts to buy into a rise.
Cases of the day · 28 Oct
The largest realised gain · 09:40 UTC
BTC Sunlit Gannet closes its $24.1M BTC long at $81.4K after 21 hours (+$319K realised).
BTC price on this day, UTC
The closing moveThe whale's logBTC exitsProof on Hyperliquid
The largest realised loss · 16:19 UTC
HOOD Slate Compass closes its $1.6M HOOD long at $90.90 after 55 days (−$378K realised).
HOOD price on this day, UTC
The closing moveThe whale's logHOOD exitsProof on Hyperliquid
The largest new money · 18:04 UTC
BTC Arctic Cape opens a $53.5M BTC long at $81.1K. Track record 22/100.
BTC price on this day, UTC
The largest flip · 03:41 UTC
BTC Evening Mast flips its $17.4M BTC short to a $3.2M long (−$123K realised).
BTC price on this day, UTC
Moves of the day $1M or more
- ETHTrims a long
Smooth Octopus trims its ETH long by $14.2M to $425K at $2,357.98 (−$31K realised).
- SKHXAdds to a short
Smooth Zephyr adds $295K to its SKHX short, now $1M. Track record 35/100.
- DRAMTrims a long
Weathered Doldrums trims its DRAM long by $1M to $160K at $52.70 (−$1K realised).
- ETHCloses a short
Smooth Fog closes its $1.6M ETH short at $2,360.81 after 57 minutes (−$4K realised).
- SKHXAdds to a short
Inner Harbor adds $368K to its SKHX short, now $1.4M. Track record 66/100.
- SKHXTrims a long
Boreal Floe trims its SKHX long by $561K to $561K at $1,112.64 (+$35K realised).
- DRAMAdds to a long
Weathered Doldrums adds $292K to its DRAM long, now $1.2M. Track record 62/100.
- GOOGLAdds to a short
Sheltered Sounder adds $295K to its GOOGL short, now $1.5M. Track record 77/100.
- SKHYAdds to a short
Boreal Floe adds $363K to its SKHY short, now $1.5M. Track record 76/100.
- SKHXAdds to a short
Clear Echo adds $553K to its SKHX short, now $2.3M. Track record 48/100.
- GOOGLCloses a long
Slate Kittiwake closes its $2M GOOGL long at $294.53 after 45 minutes (+$21K realised).
- GOOGLAdds to a short
Sheltered Sounder adds $412K to its GOOGL short, now $1.2M. Track record 77/100.
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As archived at the day's close, Thu, 29 Oct 2026, 00:00 UTC. It describes positioning and what happened. It is not a signal. Not financial advice.