Daily Whale Report: August 2, 2026
Flow concentrated in BTC. Over the last 24 hours, the wallets we track on Hyperliquid moved $34.7M in trades of $50,000 or larger, and 46% of that went into tokenized-stock perps, down from 79% a day earlier. That ran roughly 84% below the seven-day average, a lighter day than usual.
When the desks we follow move together like this, it is usually worth a closer look. Here is where the money actually went.
The tape
Start with the wider board the whales were trading into. Bitcoin rose 1% to around $63.6K, Ethereum rose 2% to around $1.9K, Solana rose 2% to around $74, and the tokenized S&P 500 rose 1% to around $7.5K. 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 | $34.7M |
| Buy / Sell | 54% / 46% |
| Tokenized-stock share | 46% |
| Active markets | 11 |
| Busiest markets | BTC $12.2M, SP500 $7.8M, ETH $6.2M, XYZ100 $3.9M, CL $2.8M |
What stood out
One of the wallets we watch bought $513K of BTC, roughly 2.1x the size it usually trades in that market. That runs with the rest of the board, which is leaning the same way on BTC.
A wallet we follow, up 271% over the last 30 days and among the top 10% of the wallets we track put $501K into XYZ100 in a single print. XYZ100 was up 1% on the day, so the trade leaned into the move, in a market that now carries $225.5M of open interest.
The tokenized-stock story
$16.0M of today's tracked flow, 46% of everything the wallets touched, went into tokenized-stock perps — leveraged, on-chain bets on names like the S&P 500 or a semiconductor index (how these work). The busiest were SP500 at $7.8M, XYZ100 at $3.9M, CL at $2.8M. That positioning tends to show up in public wallets before it shows up in the price, which is the whole reason to watch it.
For scale, the $7.8M the wallets put into SP500 went into a market that now carries $694.4M of open interest in total. On a venue this young, tracked desks are not a rounding error there — they are a visible share of who is in the trade.
One wallet to watch
One desk did more of the heavy lifting than any other. A tracked wallet moved $5.9M today, working across XYZ100, BTC, SP500, GOLD.
As of now it is holding a $29.3M long in xyz:SP500, a $13.7M long in xyz:XYZ100, a $12.5M short in BTC. Those are live, and you can watch them change in real time.
Worth flagging: that long in xyz:SP500 runs against the rest of the book, which is sitting net short on the same name. The most active desk on the day is leaning against the crowd.
The standout performer
One of the wallets we watch came into the day with one of the stronger recent records on our list: up 61% over the past week on a 53% win rate, and 60% over the past month. Today it stayed busy in SP500, BTC, BRENTOIL, and CL. Right now it is holding a $815K long in xyz:GOLD and a $479K long in xyz:CL, 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
One thing stands out heading into tomorrow. Tracked wallets are sitting on a combined $114.5M net short in ETH, the clearest positioning lean on the board right now. Where the biggest desks are already leaning is the thread worth pulling into tomorrow.
The takeaway
The point of reading on-chain is simple. The trades are public, the wallets are public, and the positioning shows up before the story does. You can follow the same flow as it updates on the Mirror-X scanner. The same markets these wallets trade are live on the Mirror-X terminal.