Daily reportMonday, 2 November 2026at the close, Tue, 3 Nov 2026, 00:00 UTC
Large whales lean short on crypto and on stocks.
Whale Tide 31, short, up 3 since yesterday. 48% of directional whale money is under water, 9.5% from entry on average.
Whale positions on Hyperliquid: $7.07B, $2.95B long (42%) and $4.12B short (58%). What counts as a whale?
Crypto
Whales lean short on BTC (63% of $1.60B in whale positions) and on ETH (57% of $1.43B). Retail leans the other way: crowd 71 against the whales' 28. Tracked whales lost $1.3M to liquidation in crypto in the last 24 hours, all of it longs.
TradFi
In TradFi whales lean short on stocks (Tide 36), short on energy (Tide 35) and long on indices (Tide 54). The clearest lean among the headline markets: the S&P 500, 68% long of $144M. $26.1M of TradFi whale positions sit within 5% of liquidation, 78% of them longs.
Around the events
- 22:00 UTCApple
Results for its fiscal fourth quarter, call at 14:00 Pacific time. Apple investor relations, via MacRumors
Under water
Over the last 32 daily closes, the share under water ran from 46% 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 $36.3M of the money near liquidation, shorts $5.8M. 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 · 2 Nov
The largest liquidation · 17:48 UTC
SOL Cold Cape lost a $1.3M SOL long to liquidation at $91.63 (−$267K realised).
SOL price on this day, UTC
The largest realised loss · 18:34 UTC
ZEC Foggy Breaker closes its ZEC short after 73 days: $3.5M at its largest, −$1.1M realised over the whole position.
ZEC price on this day, UTC
The closing moveThe whale's logZEC exitsProof on Hyperliquid
The largest new money · 20:23 UTC
BTC Iron Humpback opens a $38.6M BTC long at $77.1K. Track record 57/100.
BTC price on this day, UTC
The largest flip · 12:08 UTC
BTC Breezy Sounder flips its $15.9M BTC short to a $19.3M long.
BTC price on this day, UTC
Moves of the day $1M or more
- BTCAdds to a short
Brine Selkie adds $768K to its BTC short, now $3.8M. Track record 58/100.
- BTCAdds to a short
Cobalt Swell adds $650K to its BTC short, now $1.8M. Track record 72/100.
- SKHXTrims a long
Ancient Kraken trims its SKHX long by $890K to $2.4M at $1,051.36 (−$28K realised).
- BTCAdds to a short
Brine Selkie adds $2.9M to its BTC short, now $3.1M. Track record 58/100.
- ETHAdds to a short
Deep Rorqual adds $676K to its ETH short, now $2.7M. Track record 87/100.
- ETHAdds to a short
Deep Rorqual adds $656K to its ETH short, now $2M. Track record 87/100.
- HYPECloses a long
Weathered Horizon closes its $1M HYPE long at $83.77 after 7 days (+$4K realised).
- SKHXCloses a short
Amber Zephyr closes its $2.8M SKHX short at $1,051.94 after 5 days (+$113K realised).
- ETHTrims a short
Deep Rorqual trims its ETH short by $559K to $1.4M at $2,252.39.
- BTCAdds to a long
Silent Meridian adds $499K to its BTC long, now $2M. Track record 70/100.
- XYZ100Trims a long
Cobalt Manta trims its XYZ100 long by $296K to $764K at $28.1K.
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As archived at the day's close, Tue, 3 Nov 2026, 00:00 UTC. It describes positioning and what happened. It is not a signal. Not financial advice.