profits

According to Onchain Lens monitoring, the whale Loracle.hl (@loraclexyz) has opened a 20x short position of 156 BTC, worth 12.66 million USD. The 10x SNDK short position opened 2 days ago is currently up over 648,000 USD, and the 5x HYPE short position is up over 2.3 million USD. The total unrealized profit currently exceeds 41 million USD.

CryptoQuant analyst Oro Crypto (@oro_crypto) stated that the adjusted spent output profit ratio (aSOPR) of Bitcoin has returned to a structurally key area. This indicator has remained above 1 for 9 consecutive trading days since May 1, indicating that the market is continuously realizing profit sales.aSOPR is used to measure whether the Bitcoin being spent on-chain is in a profit or loss state. A value greater than 1 indicates that, on average, the spent BTC is being sold at a profit, while a value less than 1 indicates that it is being handled at a loss. The significance of this signal lies in its persistence; the consecutive 9-day sequence reduces noise interference and shows that a substantial change in market structure has occurred. The last similar consecutive profit sequence appeared from October 19 to November 4, 2025, during which BTC also experienced several consecutive days of on-chain profit spending.From a market structure perspective, this indicates that Bitcoin is absorbing profit-taking selling pressure, and the price structure has not immediately deteriorated, showing that the market currently exhibits sufficient absorption capacity. This reading does not necessarily mean entering a euphoric phase, but rather indicates that the market has shifted from a loss realization environment to a phase where participants are continuously realizing profits. As long as aSOPR remains above 1, the market structure remains constructive: participants are cashing in profits while the market maintains its absorption capacity. The key failure level is clear: if the indicator continues to fall below the 1 threshold, it means the market will start handling tokens at a loss again, which would weaken the current constructive signal.Bitcoin is not only being sold again at a profit, but this process is also persistent. This persistence transforms aSOPR into a constructive signal reflecting internal market improvement, marking the most significant positive sequence since October to November 2025.

According to Onchain Lens monitoring, the whale Loracle.hl has closed positions in TON, BTC, and CL, making a profit of 3.9 million dollars, while also closing about 96% of its ZEC long positions.Meanwhile, this address has increased its short position of 1.2398 million HYPE by 5 times to a value of 53.23 million dollars, with the current total accumulated profit nearing 37 million dollars.

According to on-chain analyst Ai Yi's monitoring, sato has entered a new round of upward momentum. The top address runecrypto.eth spent 34.7 ETH to acquire 375,046 sato, with a cost of approximately $0.2186, realizing a floating profit of $398,000. The second address 0x313...6ABAe spent 35 ETH to acquire 350,000 sato, with a cost of approximately $0.2363, realizing a floating profit of $365,000.The third address 0x7F5...c8F2d is holding 260,969 sato. Both the first and second addresses directly purchased during the downward trend of sato through the sato bonding curve, with the market cap of sato once dropping below $3 million before breaking through to $40 million.

Cryptoonchain posted on social media that the Bitcoin inflow CDD (Coin Days Destroyed) on the Binance trading platform has reached its highest level since the beginning of 2023. Bitcoin, which has been dormant for a long time, is starting to move, indicating that long-term holders and whales are taking profits in the $78,000--$80,000 range.The surge in Coin Days Destroyed means that earlier Bitcoins are flowing into trading platforms, indicating increased selling pressure. Historically, this behavior often signals the arrival of short-term volatility or local tops. The inflow peak in April has already shown early distribution signals across the market, and if buying demand cannot absorb this supply, Bitcoin may face a strong supply resistance wall.

According to crypto analyst Yu Jin @EmberCN, a whale known as "Hyperliquid's largest multi-head" has once again made a large-scale long position on ETH on April 30, currently showing an unrealized profit of over 9 million dollars. This time, they have gone long on 99,000 ETH, with a position value of approximately 234 million dollars and an average opening price of about 2270 dollars.Previously, this whale had closed a long position in ETH worth about 398 million dollars on April 16, with a total profit of approximately 68.47 million dollars.

According to Ai Yi's report, on-chain data and contract information show that two addresses hold approximately 80,000 ETH long positions on the decentralized derivatives platform Hyperliquid, with a total floating profit of about 3.11 million USD. Among them, address 0xa5b...01d41 holds 40,000 ETH long positions with an opening price of about 2265.5 USD, resulting in a floating profit of about 1.526 million USD; address 0x6c8...d84f6 holds 40,000 ETH long positions with an opening price of about 2265.4 USD, resulting in a floating profit of about 1.528 million USD.

According to monitoring by Hyperinsight, a whale address starting with "0xa0d" closed 200 BTC long positions at 4 AM today, worth approximately 15.6 million dollars, with a slight profit of 100,000 dollars. Currently, the total assets of this whale address are about 16.44 million dollars, skilled in short-term operations, with a total account profit of approximately 5.4 million dollars.

According to crypto analyst Darkfost, the 30-day moving average of the Bitcoin short-term holder (STH) SOPR has turned positive for the first time in the past six months, indicating that STHs are on average at breakeven or slightly profitable.Historical data shows that this situation often acts as a resistance level during bear markets, as holders may flee due to a lack of confidence.

The latest report from the non-profit research organization Anti-Corruption Data Collective (ACDC) indicates that the prediction market platform Polymarket may have broader insider trading issues than the previously reported "Green Beret Bet on the Venezuela Raid."The research analyzed 435,000 settled markets from January 2021 to mid-March 2026, with a total trading volume of $54.4 billion, and found that low-probability bets related to government decision-making in military and defense markets had abnormally high success rates. Data shows that the average success rate for such "long-shot bets" in political markets is about 14%, while in some cases of military-related contracts, the success rate exceeds 50%. The study suggests that these markets are difficult to predict based solely on public information and are more susceptible to information asymmetry, including insider trading or professional information advantages.The report also points out that Polymarket's profits are highly concentrated. Research from the London Business School and Yale University shows that about 3% of traders contribute to most of the platform's price discovery; blockchain analytics firm Solidus Labs found that less than 1% of wallets accounted for about half of the profits. For example, in the case of the U.S. airstrike on Iran in June 2025, just hours before the attack, 19 low-probability bets totaling $164,000 concentrated on buying the ultimately realized "YES" contract, with 8 wallets collectively profiting about $1.8 million, including one wallet that made nearly $500,000.Despite the Pentagon's efforts to conceal the operation through decoy bombers and stealth fighters, a few traders accurately predicted the outcome. ACDC recommends that Polymarket strengthen identity verification, set conditional payments for suspicious bets, limit markets where results are determined by a few individuals, and reduce overly detailed contract designs. The report further calls for a broader discussion on whether the public should be allowed to bet on such events.

Forbes published an article criticizing Eric Trump's Bitcoin business as a disaster, pointing out that Eric Trump promotes his Bitcoin company American Bitcoin (ABTC) as a money printer, but in reality, it is just an arbitrage tool designed to exploit investors who support MAGA (Make America Great Again). American Bitcoin was established in 2025 and quickly went public on NASDAQ, leveraging the Trump family brand and the Bitcoin craze to push its valuation to $13.2 billion.Eric Trump vigorously promoted the company as the "leader in the Bitcoin world" during the earnings call, but the actual company has only a few full-time employees and mainly relies on story marketing rather than solid operations. The company continuously sells overvalued stock to buy Bitcoin, while Eric has almost no investment, yet has increased his personal wealth from about $190 million to $280 million, with other insiders also profiting significantly.Meanwhile, ordinary investors, especially MAGA supporters, have suffered heavy losses. Over the past eight months, American Bitcoin's stock has dropped about 92% from its peak, resulting in cumulative losses of about $500 million for investors. Forbes questions the actual profitability of American Bitcoin's Bitcoin mining business, believing that its advertised "half-price mining" is difficult to achieve and is more about using the Trump brand for high-priced stock dumping.

According to Theblock, a new academic paper concluded that after analyzing all transactions on Polymarket from 2023 to 2025, only 3.14% of accounts were defined as "skilled winners," who were able to consistently and accurately predict short-term price trends and final outcomes. These skilled traders, along with market makers, contributed to over 30% of the platform's total revenue.The paper also pointed out that only 12% of winners belonged to the high-level trader group, while about 60% of "lucky winners" turned into losers in another data sample test. Accounts classified as unlucky or technically poor accounted for 67% of the total, bearing all of the platform's total losses.The paper was co-authored by Roberto Gómez-Cram, Yunhan Guo, Howard Kung from the London Business School, and Theis Ingerslev Jensen from Yale University, covering 1.72 million accounts and over 210,000 markets, with a total trading volume of approximately $13.76 billion.

According to Onchain Lens monitoring, as APE's price surged over 110% in a short period, a suspected insider trader profited over $2.27 million by simultaneously taking long and short positions.On-chain data shows that this address initially deposited 75 ETH (approximately $174,000) as margin, opening both long and short positions on APE, and then purchased 1,027 ETH (approximately $2.37 million) on the HyperLiquid platform and completed the withdrawal. Additionally, they bought another 26 ETH on-chain, totaling 1,053 ETH purchased, ultimately realizing a profit of 978 ETH, equivalent to about $2.27 million. This operation has raised widespread suspicion of insider trading in the community due to its precise timing and abnormal returns.

According to monitoring by Hyperinsight, in the past 16 hours, the Galaxy Digital associated address (0xcac) has continuously closed ETH short positions, reducing holdings by a total of 905 ETH, approximately worth 2.09 million USD. Currently, there is still a floating profit of 2.6 million USD, with a position size reaching 7.4 million USD.Since March, this address has significantly reduced its positions, continuously selling BTC and ETH spot while simultaneously closing short positions, with a total spot selling volume reaching 11 million USD, completing the liquidation; the size of the short positions has also decreased from 35 million USD to the current 13.8 million USD, during which the funding rate settlement recorded approximately 3.5 million USD in profits.It is reported that this address has received on-chain funds from Galaxy Digital multiple times and has been executing a neutral arbitrage strategy on Hyperliquid for a long time, typically maintaining risk neutrality by selling spot and closing short positions, or buying spot and increasing short positions.

According to on-chain analyst @ai_9684xtpa, the "leverage giant whale with a profit of 44.61 million dollars in two months" closed a long position of 4000 ETH in the afternoon, making a profit of about 144,000 dollars.In addition, another address 0x6c8...d84f6 took profit again in the past half hour by selling 20,000 ETH, with a transaction amount of about 46.33 million dollars, making a profit of about 551,000 dollars, and currently still holds about 20,000 ETH, with an unrealized profit of about 296,000 dollars.

The Solana ecosystem perpetual contract trading platform Pacifica announced that the Vaults feature has officially launched on the testnet. Users can browse existing vaults and deposit funds to follow strategies for returns, or they can create their own vaults, set deposit limits, profit and loss distribution ratios, and manage trades.In addition, the official statement indicated that all Pacifica users included in the snapshot on April 18 can enjoy a 3x points loyalty bonus each week. Currently, the platform has issued approximately 333 million points, with a weekly trading volume of $2.455 billion.

Liquid Capital founder Yi Lihua posted on X platform: "With the opening of the Strait of Hormuz, the war has officially ended. I still hold the view that neither side has a reason to continue fighting; peace is the only best choice. I remain optimistic about this rebound, with the S&P hitting new highs, MicroStrategy continuing to buy, and Hawthorn Coin taking turns to perform. There is currently no reason to take profits."

According to CoinDesk, Bitcoin is currently hovering around $75,000, facing supply pressure, but institutional demand remains stable.Market sentiment is boosted by news of the extended ceasefire between the U.S. and Iran. The dollar has fallen to a near six-week low, and U.S. Treasury yields have also declined, conditions that typically support cryptocurrency prices; gold has risen in tandem, indicating that the market is seeking a balance between risk appetite and safe-haven demand.On-chain data shows that when prices reach a key cost benchmark for short-term holders, Bitcoin often experiences a supply surge. This level is around $76,800, which could constitute significant resistance, at which point investors may choose to take profits when breaking even.The newly established MSBT fund under Morgan Stanley has quickly attracted over $100 million in inflows due to the market's lowest fee rates, prompting competitors like Goldman Sachs to initiate a new round of competition.Meanwhile, the U.S. blockade of Iranian ports and Iran's threats to disrupt shipping in the Persian Gulf continue to cast a shadow over the global economic outlook. The impact on energy supply has begun to raise inflation expectations, which may influence central bank policy direction and, in turn, affect the cryptocurrency market.

According to crypto analyst Yu Jin @EmberCN, after a significant rise in BTC and ETH, one address closed 1,050 BTC and 6,000 ETH long positions in the past half hour, realizing a profit of approximately 7.76 million dollars.Currently, the address still holds about 114,000 ETH long positions, valued at approximately 272 million dollars, with an unrealized profit of about 34.4 million dollars.