According to @ai_9684xtpa, an on-chain trader at address 0xa2ce501d9c0c5e23D34272f84402cfB7835b3126 shows about $1.386M in unrealized losses on a basket of altcoin longs, with only $ASTER in profit while the other 20 tokens are underwater (source: @ai_9684xtpa on X, Nov 18, 2025; source: hyperbot.network/trader/0xa2ce501d9c0c5e23D34272f84402cfB7835b3126). The largest drag is $HYPE, where the bigger position carries roughly $218K unrealized loss, highlighting concentrated risk in that pair (source: @ai_9684xtpa on X, Nov 18, 2025; source: hyperbot.network/trader/0xa2ce501d9c0c5e23D34272f84402cfB7835b3126). TWAP buy orders remain active and have not been canceled, which means posted levels would continue to execute buys on a market rebound as indicated by the order placements (source: @ai_9684xtpa on X, Nov 18, 2025; source: hyperbot.network/trader/0xa2ce501d9c0c5e23D34272f84402cfB7835b3126).

According to @OnchainLens, a newly created wallet deposited $2.8M USDC into HyperLiquid, bringing total deposits to $5M. According to @OnchainLens, the wallet opened leveraged long positions in STRK at 5x and HYPE at 10x on HyperLiquid. According to @OnchainLens, the trader currently shows a floating (unrealized) profit of $2.4M. According to the hyperbot.network trader profile linked by @OnchainLens, the activity and PnL are visible for address 0xbbc0a674EeEe74717D7a3DeED9d43D55087bc032.

According to @ThinkingUSD, Coinbase added an exchange token with questionable metrics and did not list $HYPE, which he frames as a negative signal for Coinbase’s listing strategy (Source: @ThinkingUSD on X, Nov 8, 2025; Source: CoinbaseMarkets post linked by @ThinkingUSD). He further stated that Coinbase may not exist in five years and could be outcompeted by Charles Schwab (SCHW), Robinhood (HOOD), and Interactive Brokers (IBKR), expressing a bearish competitive view on COIN (Source: @ThinkingUSD on X, Nov 8, 2025). For traders, this commentary highlights author-identified listing-quality concerns and competitive headwinds as watchpoints for COIN and exchange-token exposure, while noting the absence of a Coinbase listing for $HYPE per the author’s claim (Source: @ThinkingUSD on X, Nov 8, 2025).

According to @lookonchain, wallet 0x5AEB deposited 14M USDC to Hyperliquid and has purchased 210,701 HYPE worth $8.34M so far; source: https://x.com/lookonchain/status/1986675480574239169. The address activity and transfers can be reviewed on Hypurrscan at https://hypurrscan.io/address/0x5AEB1821F596d2d9ffE182d3f914b274A80511cc; source: https://hypurrscan.io/address/0x5AEB1821F596d2d9ffE182d3f914b274A80511cc. Based on those figures, approximately $5.66M USDC remains unspent relative to the reported HYPE purchases (14M minus $8.34M); source: https://x.com/lookonchain/status/1986675480574239169. Traders can monitor this address and HYPE order flow on Hyperliquid for any subsequent transactions; source: https://hypurrscan.io/address/0x5AEB1821F596d2d9ffE182d3f914b274A80511cc.

According to @KookCapitalLLC, Robinhood is listing HYPE for spot trading. Source: @KookCapitalLLC on X, Oct 23, 2025. The post does not include timing, trading pairs, or regional availability details. Source: @KookCapitalLLC on X, Oct 23, 2025.

According to @lookonchain, wallet 0x082e has built $39.68M in $HYPE long positions totaling 1,017,818 HYPE as of Oct 23, 2025 (source: @lookonchain on X). The address 0x082e843a431aef031264dc232693DD710AeDca88 and related HYPE positions can be verified on-chain at hypurrscan.io/address/0x082e843a431aef031264dc232693DD710AeDca88 (source: Hypurrscan).

According to the source, Hyperliquid Strategies Inc. filed an S-1 registration with the U.S. SEC to register up to 160 million shares targeting up to $1 billion in gross proceeds, and the filing states a portion of proceeds may be used for potential HYPE token purchases (source: Hyperliquid Strategies Inc. S-1 registration statement filed with the SEC). For traders, the explicit use-of-proceeds language introduces a possible corporate demand driver for HYPE liquidity if executed, while the offering remains contingent on SEC effectiveness and final terms to be set via amendments and a final prospectus (source: Hyperliquid Strategies Inc. S-1 and SEC Securities Act registration requirements).

According to Lookonchain, an early whale sold 4.99M HYPE for $228.76M at an average price of $45.82, realizing $148.63M in profit, source: Lookonchain on X, Sep 30, 2025, https://twitter.com/lookonchain/status/1972961270539452517. According to Lookonchain, the same address originally bought 5.07M HYPE nine months ago at an average cost of $16.23, source: Lookonchain on X, Sep 30, 2025, https://twitter.com/lookonchain/status/1972961270539452517. According to Lookonchain, the address now holds 77,089 HYPE valued at $3.37M, and key reference levels from this whale’s activity are the $16.23 average cost and $45.82 average sale, source: Lookonchain on X, Sep 30, 2025, https://twitter.com/lookonchain/status/1972961270539452517.

According to @OnchainLens, after nine months a whale deposited 6 million USDC into HyperLiquid to buy HYPE on Sep 25, 2025. According to @OnchainLens, the wallet now holds 285,466 HYPE valued at 12.99 million dollars with a floating profit of 7.16 million dollars. According to @OnchainLens, the wallet still retains 2.06 million USDC for additional purchases. According to @OnchainLens and the referenced hypurrscan.io address, the figures indicate roughly 3.94 million dollars of the new deposit has been deployed while about 2.06 million dollars remains idle. According to @OnchainLens, the reported valuation and profit imply an approximate cost basis of 5.83 million dollars for the current HYPE position.

According to @ai_9684xtpa on X, a wallet the author links to Arthur Hayes received 26.28M ONDO (~$24.7M) from the Ondo project about 14 hours prior and subsequently sent the tokens in batches to Coinbase, Bybit, Binance, and OKX with suspected selling, citing wallet data at https://intel.arkm.com/explorer/address/0x4D29A09D022C054811dAdf9eE921C43ca091fA03 (source: @ai_9684xtpa on X). According to the same source, the author states Hayes had already sold ETHFI and HYPE before this reported ONDO movement (source: @ai_9684xtpa on X). Based on this alert of large ONDO deposits to multiple centralized exchanges, traders may prioritize monitoring ONDO order books and liquidity on the named venues for near-term flow-driven volatility (source: @ai_9684xtpa on X).

According to @lookonchain, James Wynn claimed $8,032.5 in referral rewards and opened a long in $ASTER while shorting $HYPE on Sep 24, 2025. source: @lookonchain On-chain data for wallet 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6 reflects these actions, providing verifiable trade flow for tracking liquidity and positioning in $ASTER and $HYPE. source: Hypurrscan

According to @lookonchain, Machi Big Brother closed his ASTER short with roughly $80,000 profit based on on-chain tracking data (source: Lookonchain on X, Sep 22, 2025). His current long positions in ETH, PUMP, and HYPE are all in loss, with total unrealized losses exceeding $14 million (source: Lookonchain on X, Sep 22, 2025).

According to the source on X, $HYPE hit a $60 all-time high in the latest session. According to the source, CZ mentioned rival decentralized exchange token $ASTER, and the source reports $ASTER is up about 350%.

According to @rovercrc, buyers near $ASTER's TGE are up about 5-6x, implying roughly 400-500% gains since launch. Source: @rovercrc on X https://x.com/rovercrc/status/1969245695375745169 He adds that $ASTER could reach the same market cap as $HYPE and confirms he is still holding his position. Source: @rovercrc on X https://x.com/rovercrc/status/1969245695375745169

According to Onchain Lens, James Wynn was liquidated again on a 10x long position in $HYPE, indicating a forced closure due to margin breach. Source: Onchain Lens on X, Sep 16, 2025. The alert references a Hyperdash trader dashboard for address 0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6 that Onchain Lens cites as evidence of the liquidation event. Source: Hyperdash trader dashboard. In crypto derivatives, 10x leveraged longs are automatically closed when maintenance margin is not met, which can add short-term selling pressure during liquidations. Source: Binance Futures liquidation guide; Bybit liquidation mechanics. For trading, repeated wallet liquidations around $HYPE signal leverage-sensitive conditions where liquidation events can accelerate intraday volatility; monitoring funding, open interest, and liquidation levels is critical in such environments. Source: Glassnode research on derivatives liquidation dynamics; Deribit risk management insights.

According to @MilkRoadDaily, perpetuals volume has reached about $400 billion per month, source: @MilkRoadDaily, Sep 15, 2025. According to @MilkRoadDaily, monthly revenue is over $100 million, source: @MilkRoadDaily, Sep 15, 2025. According to @MilkRoadDaily, these figures were reported before the introduction of $USDH, source: @MilkRoadDaily, Sep 15, 2025.

According to @OnchainLens, a wallet that had been inactive for 4 months deposited $15M USDC into HyperLiquid and placed an open buy order for $HYPE between $35.14 and $49 (source: @OnchainLens; Hypurrscan address 0x50dE6ef4D11B263DC2e4547602E963355E17dC81). For traders, the defined price band indicates a visible demand zone and potential buy wall on HyperLiquid, as the order would absorb sell-side liquidity within $35.14–$49 if executed (source: @OnchainLens). Monitoring order fills, amendments, or cancellations at the referenced address and the HyperLiquid order book can inform entry timing and risk levels for HYPE exposure (source: @OnchainLens; Hypurrscan). Position sizing and stops can be mapped around this range given the reported order parameters and potential liquidity concentration in that band (source: @OnchainLens).

According to Lookonchain, four whale addresses sold a combined 527,171 HYPE (~$29.42M) at a weighted average near $55.8 during the ongoing rally, indicating sizable realized sales at the $55–$56 area, source: Lookonchain on X https://twitter.com/lookonchain/status/1966495366855209043 and Hypurrscan on-chain records https://hypurrscan.io/address/0x746bd928f271434deaaa6682eefe6f82674d4561 https://hypurrscan.io/address/0x7be1cba648ebe1ab8084244d23f28d68a86480d8 https://hypurrscan.io/address/0x0e41eb80e9a39ae7b887a94f6a88f6c791e26359 https://hypurrscan.io/address/0xe867fbdad3291530e41530301ecb77693850c78e. Breakdown: 0x746b (qianbaidu.eth) sold 188,861 HYPE for $10.58M at $56.01 avg in the past 4 hours; 0x7be1 sold 175,000 HYPE for $9.75M at $55.72 avg over 4 days; 0x0e41 sold 113,310 HYPE for $6.32M at $55.74 avg over 3 days; 0xe867 sold 50,000 HYPE for $2.77M at $55.53 avg over 20 hours, source: Lookonchain on X https://twitter.com/lookonchain/status/1966495366855209043 and Hypurrscan address pages above.

According to Lookonchain, early $HYPE whale 0x7dacca323e44f168494c779bb5e7483c468ef410 sold another 67,006 $HYPE for $3.82M to take profits. source: Lookonchain on X https://twitter.com/lookonchain/status/1966447745704816679 The whale previously acquired 1.26M $HYPE at a $7.52 average costing $9.51M and received 22,270 $HYPE at genesis. source: Lookonchain on X https://twitter.com/lookonchain/status/1966447745704816679 He has sold 385,513 $HYPE for $16.15M at a $41.9 average and still holds 900,663 $HYPE valued at $50.5M. source: Lookonchain on X https://twitter.com/lookonchain/status/1966447745704816679 Total profit now exceeds $57M, with transactions traceable via the address on Hypurrscan. source: Lookonchain on X https://twitter.com/lookonchain/status/1966447745704816679 and Hypurrscan https://hypurrscan.io/address/0x7dacca323e44f168494c779bb5e7483c468ef410

According to @OnchainLens, a whale deposited $8M USDC to HyperLiquid about 2 hours ago, source: Onchain Lens on X https://x.com/OnchainLens/status/1966303635706622222. The address executed buys of 79,257 $HYPE for $4.5M and 466.68M $PUMP for $2.7M, with flows visible on the linked explorer, source: Onchain Lens on X and Hypurrscan https://hypurrscan.io/address/0x7E4E766d0aE5ea9cDED0c694669194Db92800107. An open order to purchase an additional $800K of $HYPE remains active on HyperLiquid, source: Onchain Lens on X https://x.com/OnchainLens/status/1966303635706622222. Based on the reported fills, the average execution prices were approximately $56.77 per HYPE and $0.00579 per PUMP, computed from the notional and size reported by @OnchainLens, source: Onchain Lens on X https://x.com/OnchainLens/status/1966303635706622222. The $8M deposit aligns with $7.2M already filled and $0.8M resting for HYPE, indicating a total planned allocation of $5.3M to HYPE and $2.7M to PUMP from this address, source: Onchain Lens on X and Hypurrscan https://hypurrscan.io/address/0x7E4E766d0aE5ea9cDED0c694669194Db92800107.