One Monad wallet bought $2.38 million of ether. Its closed trades lost $1.15 million in 30 days
Every shark trade DeepSea logged on Monad in the last 24 hours came from one wallet. It bought wrapped ether and sold fixed-yield dollar tokens.
Key points
- In the 24 hours to 12:38 a.m. ET on November 5, 2026, one shark wallet made all of DeepSea's Monad shark trades: $3.48 million bought, $1.77 million sold, 246 trades.
- Its biggest buy was $2.38 million of WETH (wrapped ether), with $164,994 sold.
- DeepSea's 30-day realized profit table puts the wallet at minus $1.15 million.
What DeepSea's data shows
DeepSea's live feed adds up trades by wallets it tags as sharks (large, active traders). LC Insight read it at 12:38 a.m. ET on November 5, 2026. On Monad, a newer blockchain, one wallet, 0xd5d9...eaee, made every shark trade in the 24-hour window. DeepSea gives it no name.
It bought $3.48 million and sold $1.77 million in 246 trades. The largest item was WETH, ether wrapped as a token: $2.38 million bought and $164,994 sold in five trades.
This is the same wallet we reported on November 4. At 12:35 a.m. that day, its 24-hour count showed $6.65 million bought and $9.03 million sold.
Data: DeepSea (desea.io), checked November 5, 2026, 12:38 a.m. ET.
What it sold
The selling was mostly dollar tokens. It sold $257,085 of PT-srUSDat and $150,101 of PT-USDat, both maturing January 14, 2027. PT means principal token: it can be swapped for a set amount of an underlying token, here tokens with USD in their names, on a set date. It bought $119,980 of a similar token, PT-reUSD, due December 10, 2026. It also sold $318,623 of AUSD and bought $96,452, and traded about $856,000 of mUSD each way in 220 trades.
Its record
DeepSea's realized profit table counts closed trades only. Over 30 days the wallet is at minus $1.15 million, slightly worse than minus $1.12 million at 12:35 a.m. on November 4. Over seven days it is at minus $111,267, better than minus $891,949 a day earlier.
DeepSea's WETH page on Monad shows whales net sold $1.55 million of the token over seven days.
The numbers
The wallet's Monad trades by token, 24 hours to 12:38 a.m. ET, November 5, 2026.
One Monad shark's net flow by token, 24 hours
US$ thousand
Source: DeepSea live feed, 24-hour shark aggregates, fetched November 5, 2026, 12:38 a.m. ET.
Why it matters
When one wallet is the whole shark market on a chain, its moves are a view of one trader, not of Monad. In the last hour of our check it traded only mUSD: $6,506 bought, $7,572 sold. CoinGecko showed ether at $2,423.18 at 12:44 a.m. ET, up 5.7% in 24 hours, and Monad's MON at $0.0181, down 1.8%.
LC Insight analysis
This section is our reading of the facts above, not a statement of fact.
- We think the wallet swapped part of its fixed-yield dollar holdings into ether as ether rose. The feed shows the trades, not the reason.
- Its 30-day record is a caution: being big and busy has not made it profitable on closed trades.
What's next
- Whether the wallet keeps its WETH or sells it again, as it did on November 4
- Whether any other shark starts trading on Monad
- Its 30-day realized result on DeepSea
Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.
Sources
- DeepSea live feed, 1-hour and 24-hour shark aggregates (fetched November 5, 2026, 12:38 a.m. ET; comparison snapshots November 4, 2026, 12:35 a.m. and 6:35 a.m. ET)
- DeepSea, 30-day and 7-day realized PnL table (fetched November 5, 2026, 12:38 a.m. ET)
- DeepSea, WETH (Monad) token page: 7-day flows (fetched November 5, 2026, 12:42 a.m. ET)
- CoinGecko, Ethereum (ETH) and Monad (MON) prices (November 5, 2026, 12:44 a.m. ET)
