The Anti-CZ Whale, who opened an Ethereum (ETH) short position previously, has decided to move into large long positions in a major trading move that has captured the attention of the crypto community. In the most recent report by Lookonchain, the whale currently has a long position of 32,802 ETH a value of about 109 million dollars, short positions on $ASTER and $kPEPE, and a smaller long position on $DOGE.
This is a strategic turnaround after a series of successful short trades on the Hyperliquid platform, where the whale has already made almost 100 million in total profit in two wallets. According to the data provided by Hyperdash.info, unrealized profit and the total account value increased by a steep rise, which means that people strongly believe in the next price movement of Ethereum.
Portfolio Breakdown and Market Outlook
The on-chain data of Lookonchain give the current distribution of the portfolio of the whale as follows:
- $109M long in Ethereum (32,802 ETH)
- $59.7M short in $ASTER (58.27M tokens)
- $11.3M short in $kPEPE (1.09B tokens)
- $21.5K long in $DOGE (130,566 tokens)
The recent movements of the whale indicate the optimistic future of Ethereum and Dogecoin, as well as his critical attitude to ASTER and meme coin kPEPE.
From $ASTER Shorts to Ethereum Longs
Long Ethereum positioning followed soon after Binance founder CZ publicly showed optimism on $ASTER. The Anti-CZ Whale responded by pouring more money into shorting $ASTER and allegedly reaped a profit of more than $21 million in unrealized gains in both wallets.
Nonetheless, when the market started to change, the trader changed course and sold off part of the ASTER shorts and invested heavily in ETH longs.
Hyperliquid Data Confirms Whale Activity
The Hyperliquid dashboards analysed by Lookonchain demonstrate the detailed metrics of leverages use of the whale, and margin allocation, and unrealized profits. One wallet has a perpetual equity amounting to $72 million and a 66 percent ratio on equity (ROE), and the other wallet contains approximately $25 million with a ratio of 59 percent on equity (ROE).
Combined, the two accounts demonstrate a PnL close to $96 million, which confirms the observation of Lookonchain that this trader is among the most profitable of the platform. The ETH long positions held by the whale are currently generating gains whereas ASTER and kPEPE short are performing well.
Community Reactions and Market Impact
This shift has been of specific interest to crypto analysts where large volume whale movements are usually indicators of future volatility. The ETH long of the whale is viewed by many traders as a possible confidence indicator of the Ethereum price direction into late 2025.
In case of further positive trend, the strategic reverse of the Anti-CZ Whale may become one of the most lucrative swings of Hyperliquid this quarter.
Conclusion
The switch by the Anti-CZ Whale between shorting and longing Ethereum is an indication that the sentiments in the derivatives market have changed significantly. This whale has almost 100 million cumulative profits, and its activities have become the center of interest amongst market observers. Since ETH is on a rise and ASTER is still straining, the coming weeks may spell out the difference between this change and the beginning of the wider bull run.
