[On-Chain Whale Activity Overview: Ethereum ICO Address Dormant for Over 10 Years Activated, Bitmine-Linked Address Continues Accumulating ETH] BlockBeats News, November 30, according to Hyperinsight monitoring, here is an overview of the most active on-chain whale movements in the past 24 hours: The '1011 Insider Whale' opened a 5x ETH short position yesterday, with a position size of $15 million (5,000 ETH), entry price at $3,001.81, and liquidation price at $5,056. The whale closed the short position early this morning, earning $55,000 in profit, with a final closing price of $2,989.85. 'Machi Big Brother' Huang Licheng increased his Ethereum 25x long position to $28.6 million, with an entry price of $2,981.59 and liquidation price of $2,885.75. He also holds approximately $880,000 worth of HYPE long positions, with an entry price of $34.411. A whale address that 'shifted to spot trading after significant contract losses' increased its holdings by 1,000 ETH. This whale currently holds 7,066 ETH worth $21.22 million and has 4.78 million USDC in idle funds, suggesting the possibility of further ETH purchases. Of the 2.6 million HYPE tokens ($91 million) recently unstaked by the HyperLiquid team, 854,254 HYPE ($29.9 million) were restaked into the same wallet. Subsequently, 1,745,746 HYPE ($61.1 million) were transferred to 29 new wallets. So far, 609,100 HYPE ($21.3 million) have been sent from 10 of these wallets to Flowdesk (an OTC trading institution). An Ethereum ICO address '0x2dCA' that had been dormant for over 10 years was activated this morning, transferring 5 ETH to a new address for testing, followed by transferring the remaining 39,995 ETH, valued at approximately $119.4 million. This address originally purchased 40,000 ETH during the ICO phase for approximately $12,400, yielding a cumulative return of about 9,639x based on current prices. The '2016 Ancient Whale with a Cost Basis of $203.22 per ETH' has reportedly sold 7,000 ETH through Wintermute over the past month, with an average transfer price of $3,024, potentially earning $19.745 million. This whale deposited 1,000 ETH ($3.01 million) to Wintermute this morning and still holds 26,992.67 ETH, with a total value of approximately $80.99 million. A newly created address linked to Ethereum's largest holding institution, Bitmine, received 16,693 ETH worth $50.1 million from FalconX this morning.