Daily reportThursday, 5 November 2026at its close, 00:00 UTC
Large whales lean short on crypto and on single stocks.
Whales lean a little further short than at the previous close, and less of their money is under water. Pale Narwhal lost a $8.5M MU long to liquidation at $687.9 after 2 days (−$1.5M realised).
In the newsUS jobs report
Whale positions on Hyperliquid: $7.30B, $3.06B long (42%) and $4.24B short (58%). What counts as a whale?
The day’s largest move, replayed
Cobalt Monsoon closes its $29.1M ETH long at $2,270.65 after 2 days (+$86K realised).
How to read this
Shows: the price of the market from two hours before the move to 45 minutes after it, played once.
Read it: The dot is the move, with the whale’s name and money beside it. Shorts stand above the line, longs below it, a liquidation is a ring on the line. The largest move is the one of $1M or more that moved the most money this day.
Won’t show: the whale’s other moves. Its page holds them.
Crypto
Whales lean short on BTC (63% of $1.61B in whale positions) and on ETH (55% of $1.48B). Retail leans the other way: crowd 76 against the whales' 23. Tracked whales lost $31.3M to liquidation in crypto in the last 24 hours, 92% of it longs.
TradFi
In TradFi whales lean short on stocks (Tide 33), split on indices (Tide 51) and short on energy (Tide 23). The clearest lean among the headline markets: the S&P 500, 67% long of $183M. Tracked whales lost $30M to liquidation in TradFi in the last 24 hours, all of it longs.
Under water
43% of directional whale money is under water.
Over the last 32 daily closes, the share under water ran from 43% to 62%. 43% is the lowest in that span.
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 $207M of the money near liquidation, shorts $38.8M.
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.
Liquidations of the day
$61.4M of whale positions liquidated on this day, most of it longs.
- Liquidated
- $61.4M
- 90 positions · 96% longs
- Busiest hour
- $31.2M
- 15:00 to 16:00 UTC · 27 positions
How to read this
Shows: every liquidation of a tracked whale of $100K or more in this UTC day, in the order it happened. Each takes as many tiles as its money.
Read it: A gap edged in green was a long, in red a short. The figures count the same liquidations.
Won’t show: liquidations of smaller accounts, or positions on other exchanges.
Cascades of the day
3 cascades liquidated $57.8M of whale positions.
| Time | Markets | Liquidated | Side |
|---|---|---|---|
| 41 min | SNDK, BTC, SOXL | $6.8M3 positions | longs |
| 1 h 16 min | AMD, SOXL, NBIS and 18 more | $42.3M39 positions | longs |
| 9 min | LTC, kPEPE, ENA and 38 more | $8.7M43 positions | longs |
The largest cascade5 Nov, 14:37 to 15:53 UTC
$42.3M of whale longs liquidated from 14:37 to 15:53 UTC
- Markets hit
- 21
- AMD first, 20 more within 76 minutes
- MU price
- −10.5%
- in 70 minutes, $734.2 to $657.0
- Positions
- 39
- from 25 whales
- MU$11.9M
- BTC$11.8M
- AMD$4.6M
- NBIS$2.5M
- PURRDAT$2.3M
- 16 more markets$9.2M
Each circle: one whale liquidated, sized by its moneyLongShortUTC · Longs below their market’s price line · Shaded: the cascade, second by second · Either side: the minutes before and after · every tracked whale liquidation of $100K or more
How to read this
Shows: the price of each market hit hardest, from 30 minutes before the cascade to 10 minutes after. Each circle is one tracked whale liquidation, placed at the second it filled and sized by its value.
Read it: The larger the circle, the larger the position. Circles crowded where a line moves fastest are positions liquidated during that move. The replay shows the two markets with the most money liquidated first, then the rest.
UTC · Longs below their market’s price line · Shaded: the cascade, second by second, each known price a step with its dot · A whale’s positions in one market in the same second are one circle. · every tracked whale liquidation of $100K or more
Won’t show: liquidations of smaller accounts, or positions on other exchanges.
4 moves stood out.
Highlights of the day · 5 Nov
The largest liquidation · 15:28 UTC
MU Pale Narwhal lost a $8.5M MU long to liquidation at $687.9 after 2 days (−$1.5M realised).
MU price on this day, UTC
The largest realised gain · 16:39 UTC
BTC Russet Foam closes its BTC short after 2 days: $39.2M at its largest, +$1.3M realised over the whole position.
BTC price on this day, UTC
The largest new position · 21:30 UTC
ETH Quiet Manta opens a $27.1M ETH long at $2,225.29. Track record 77/100.
ETH price on this day, UTC
The largest flip · 16:05 UTC
BTC Western Breaker flips its $840K BTC short to a $15.2M long.
BTC price on this day, UTC
Moves of the day the largest of $1M or more, UTC
1,413 whale moves on this day.
- WTITrims a long
Patient Gyre trims its WTI long by $20.4M to $14M at $88.10 (−$2.3M realised).
- BTCAdds to a long
Polar Kraken adds $25.3M to its BTC long, now $30.1M. Track record 76/100.
- ETHCloses a long
Sleeping Drizzle closes its $17.1M ETH long at $2,306.09 after 33 hours (+$89K realised).
- BTCTrims a long
Polar Kraken trims its BTC long by $25.9M to $4.2M.
- ETHCloses a long
Cobalt Monsoon closes its $29.1M ETH long at $2,270.65 after 2 days (+$86K realised).
- BTCAdds to a short
Cobalt Manta adds $18.2M to its BTC short, now $29.9M. Track record 90/100.
- S&P 500Opens a long
Indigo Gannet opens a $19M S&P 500 long at $7,434.0. Track record 47/100.
- XYZ100Adds to a long
Late Walrus adds $19.4M to its XYZ100 long, now $20.2M. Track record 46/100.
- ETHOpens a long
Quiet Manta opens a $27.1M ETH long at $2,225.29. Track record 77/100.
- ETHAdds to a long
Quiet Manta adds $18M to its ETH long, now $44.9M. Track record 77/100.
- XYZ100Trims a long
Late Walrus trims its XYZ100 long by $25.6M to $10.6M at $26.3K (−$414K realised).
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The day in one picture: the headline and the readings.

The day in one picture: the headline and the readings.
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As archived at the day's close, Fri, 6 Nov 2026, 00:00 UTC. The liquidations and the cases of this day were reconstructed on 10 Nov 2026 from the day's complete record of moves. Not financial advice.
