Daily Whale Report: August 1, 2026
Tracked whales held their tilt toward index perps. Over the last 24 hours, the wallets we track on Hyperliquid moved $3.0M in trades of $50,000 or larger, and 79% of that went into tokenized-stock perps, down from 98% a day earlier. That ran roughly 99% below the seven-day average, a lighter day than usual.
The tape
Start with the wider board the whales were trading into. Bitcoin held about flat near $62.8K, Ethereum fell 1% to around $1.8K, Solana fell 1% to around $72, and SMSN held about flat near $164. As it stands now, funding on Bitcoin is positive, meaning longs are the side paying to hold.
The day in numbers
| Metric | Value |
|---|---|
| Total tracked flow | $3.0M |
| Buy / Sell | 34% / 66% |
| Tokenized-stock share | 79% |
| Active markets | 10 |
| Busiest markets | SMSN $740,651, SP500 $417,362, XYZ100 $399,701, BTC $293,590, SOL $276,964 |
What moved instead
The equity market was closed for the weekend, but these perps never stop — they trade around the clock on Hyperliquid, so any weekend move is pure positioning ahead of Monday's open, with no cash market underneath to anchor it. This weekend the tokenized names stayed quiet, $2.3M of flow against $268.3M the day before — most desks that trade them waited for the bell. What did trade was mostly crypto. The single largest trade was $741K out of SMSN. Flow ran 66% to the sell side, concentrated in SMSN.
The standout performer
One of the wallets we watch came into the day with one of the stronger recent records on our list: up 70% over the past week on a 53% win rate, and 106% over the past month. Today it stayed busy in SP500. Right now it is holding a $1.3M long in BTC and a $844K long in HYPE, live and moving in real time. A run like that is the reason to watch a wallet before it acts, not after — the record is public, and so is the next trade.
What we are watching next
Even on a quiet day, the standing bet is visible: tracked wallets are sitting on a combined $120.7M net short in ETH. That is the position to watch when volume comes back.
The takeaway
None of this is advice to buy or sell. It is a plain record of where the most active money on Hyperliquid actually went today. The wallets are public and the trades are public, and you can watch the same flow update live on the Mirror-X scanner. The same markets these desks trade are live on the Mirror-X terminal.