BlockBeats News, December 8th, according to HyperInsight monitoring and on-chain analysis, last night and this morning saw increased volatility in the crypto market. As of the time of writing, Bitcoin rose above $91,000, and Ethereum surpassed $3,100. Meanwhile, the clever whales led by the "1011 Insider Whale" consistently went long on Ethereum during this period, which is worth noting:The "1011 Insider Whale" continued to increase its ETH long position by 5 times this morning, with the current long position at 54,277 ETH, showing an unrealized profit of $4.02 million.Two "CZ Opposing Whales" both hold high-leverage Ethereum long positions but have not made any moves.Previously, the top whale with a BTC short position on Hyperliquid, pension-usdt.eth, converted to a 2x ETH long position this morning, holding 20,000 ETH with an average entry price of $3,087.During last night's Ethereum price drop, "Mahji" liquidated all his ETH long positions, resulting in a loss of $738,000; however, he later went long again with 2,100 ETH ($6.18 million).Furthermore, Ethena Labs once again withdrew 25 million ENA tokens (approximately $7.05 million) from Bybit this morning. The wallet currently holds 7.7989 billion ENA tokens, valued at around $207.7 million.

#BTC #ETH