Daily Whale Report: August 11, 2026
Tracked whales held their tilt toward index perps. Over the last 24 hours, the wallets we track on Hyperliquid moved $113.8M in trades of $50,000 or larger, and 86% of that went into tokenized-stock perps, roughly in line with the day before. That is about in line with the recent pace.
When the desks we follow keep their weight in the same place two days running, 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 fell 1% to around $63.6K, Ethereum rose 1% to around $1.9K, Solana held about flat near $76, and the tokenized S&P 500 held about flat near $7.7K. 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 | $113.8M |
| Buy / Sell | 50% / 50% |
| Tokenized-stock share | 86% |
| Active markets | 39 |
| Busiest markets | SP500 $35.7M, PLTR $23.1M, MSFT $11.4M, ETH $10.2M, XYZ100 $9.3M |
What stood out
A tracked wallet bought $800K of SP500, then bought $587K of XYZ100 — all inside the same 24 hours. Stacking size across SP500 and XYZ100 the same day is one desk concentrating risk, not spreading it.
One of the wallets we watch bought $598K of SP500, roughly 2.2x the size it usually trades in that market. SP500 barely budged on the day, in a market that now carries $472.1M of open interest, so this reads as positioning ahead of a move rather than chasing one. It also lines up with SP500 being the busiest market across every wallet we tracked today.
The tokenized-stock story
$97.7M of today's tracked flow, 86% 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 $35.7M, PLTR at $23.1M, MSFT at $11.4M, XYZ100 at $9.3M. 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 $35.7M the wallets put into SP500 went into a market that now carries $472.1M 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. One of the wallets we watch moved $11.5M today, working across EWY, SP500, SKHX, BRENTOIL.
As of now it is holding a $897K long in xyz:BRENTOIL, a $433K long in xyz:SKHX, a $343K long in xyz:EWY. Those are live, and you can watch them change in real time.
The standout performer
One of the desks on our list came into the day with one of the stronger recent records on our list: up 12% over the past week on a 66% win rate. Today it stayed busy in GOLD. Right now it is holding a $2.0M long in xyz:MSFT and a $1.2M short in BTC, 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 $125.1M 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.