According to @OnchainLens, a newly created wallet deposited $1.7M USDC into HyperLiquid and opened a BTC long position with 20x leverage, while another wallet tied to the same whale shows $705K in realized gains, source: @OnchainLens on X, Nov 22, 2025. A 20x BTC long typically faces a tight liquidation buffer of roughly a 5% adverse move depending on maintenance margin and fees, increasing sensitivity to intraday volatility, source: HyperLiquid documentation on leverage and liquidation mechanics. If the full $1.7M were posted as margin at 20x, the notional exposure could reach up to approximately $34M, amplifying both PnL and liquidation risk, source: HyperLiquid documentation on leverage. Traders can monitor HyperLiquid BTC perpetual funding, open interest, and any large wallet-linked order flow to gauge directional pressure and potential liquidation cascades around this position, source: HyperLiquid documentation and the alert from @OnchainLens on X.

According to @OnchainLens, source: https://twitter.com/OnchainLens/status/1991868019094720634, a dormant whale reactivated after 18 months and opened a 20x BTC long position valued at $31.04M. The position’s reported liquidation price is around $78.9K and unrealized profit is $127.4K, source: https://twitter.com/OnchainLens/status/1991868019094720634, source: https://app.coinmarketman.com/hypertracker/wallet/0x7d162baaff2a8ab5634d9ffa7985f1fa6dc03e66. Wallet and position details are viewable via CoinMarketMan HyperTracker for verification, source: https://app.coinmarketman.com/hypertracker/wallet/0x7d162baaff2a8ab5634d9ffa7985f1fa6dc03e66.

According to @OnchainLens, the address nicknamed “First Time Depositor” fully closed a 20x leveraged long position on ETH, realizing about $1.38 million in profit on Nov 21, 2025 (Source: https://twitter.com/OnchainLens/status/1991862602553819452). The trade closure and PnL are viewable on the Hyperbot trader dashboard for address 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41 (Source: https://hyperbot.network/trader/0xa5b0edf6b55128e0ddae8e51ac538c3188401d41).

According to @OnchainLens, a whale deposited $5M USDC into HyperLiquid and opened a 20x-levered ETH long, source: Onchain Lens on X (Nov 21, 2025). The linked trader page shows a current position of 10,000 ETH valued around $27M, implying a current position value per ETH near $2,700, source: hyperbot.network/trader/0xa5b0edf6b55128e0ddae8e51ac538c3188401d41; Onchain Lens. At this size, a 1% move in ETH equates to roughly $270,000 unrealized PnL on the position, derived from the stated $27M notional, source: Onchain Lens; hyperbot.network.

According to @OnchainLens, a whale deposited 5,000,000 USDC into HyperLiquid and increased BTC and ETH short positions at 20x leverage, source: https://twitter.com/OnchainLens/status/1991650245839843695; https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. The combined short position is currently valued at approximately 35,000,000 dollars with around 1,000,000 dollars in unrealized profit, source: https://twitter.com/OnchainLens/status/1991650245839843695; https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. Overall profit attributed to this trader totals about 3,500,000 dollars, source: https://twitter.com/OnchainLens/status/1991650245839843695; https://hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872.

According to @OnchainLens on X and the on-chain page hyperbot.network/trader/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1, the most profitable SOL short whale has increased a 20x leveraged SOL short with unrealized gains now over 10M USD, providing verifiable on-chain evidence for traders to track. According to @OnchainLens on X and the same on-chain page, the wallet has also initiated a new ETH short position with 25x leverage, confirming concurrent high-leverage shorts in SOL and ETH. The post and linked tracker allow real-time verification of the wallet’s leverage and PnL, supporting trading decisions based on observable whale derivatives positioning, source @OnchainLens on X and hyperbot.network/trader/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1.

According to @ai_9684xtpa citing the HyperBot Hyperliquid trader dashboard, address 0x8d0...59244 opened 20x long positions totaling $22.05M, including 5,047.09 ETH at $2,995.9 and 51,411.68 SOL at $135.43, as posted on Nov 18, 2025 (source: @ai_9684xtpa and hyperbot.network). According to @ai_9684xtpa referencing the same source, the address has attempted 30 consecutive long trades since Nov 3 with a 31% win rate (source: @ai_9684xtpa and hyperbot.network).

According to @OnchainLens, address 0x8d0 deposited $9 million USDC to HyperLiquid and opened 20x leveraged long positions in ETH and SOL. Source: Onchain Lens on X (Nov 18, 2025). The same source notes the trader previously lost $7.4 million on prior trades. Source: Onchain Lens on X (Nov 18, 2025). The address activity and positions are visible on the HyperLiquid trader dashboard for 0x8d0. Source: hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244.

According to @OnchainLens, a whale has continued adding to a 20x leveraged SOL short, bringing the position value to about $53M and the unrealized profit to roughly $11.5M; source: Onchain Lens on X, Nov 17, 2025. The trader’s cumulative profit reportedly exceeds $20M, with the address-level position and PnL visible at hyperbot.network/trader/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1; source: Onchain Lens on X, Nov 17, 2025; source: hyperbot.network trader page.

According to Onchain Lens, a whale deposited $5,000,000 USDC into HyperLiquid and purchased 35,335 SOL at $143 for about $5.04M, source: Onchain Lens and HyperBot trader page https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244. According to Onchain Lens, the same entity also holds a BTC long position with 20x leverage valued near $29M comprising 300 BTC, implying roughly $96.7k notional per BTC, source: Onchain Lens and HyperBot trader page https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244.

According to @OnchainLens, a whale deposited $4M USDC into HyperLiquid and opened a SOL long with 20x leverage, with the position currently valued at $18M, source: https://twitter.com/OnchainLens/status/1989333826448109749 and https://hyperbot.network/trader/0x8d0E342E0524392d035Fb37461C6f5813ff59244. According to @OnchainLens, the same address previously realized $6.3M in losses across multiple trades, source: https://twitter.com/OnchainLens/status/1989333826448109749.

According to Onchain Lens, the daily BTC candle closed and traded below $100K, signaling a key price level breach for Bitcoin traders, source: Onchain Lens on X. According to Onchain Lens, an onchain-identified whale holding a 20x BTC short currently shows a floating profit exceeding $15 million, source: Onchain Lens on X. According to Onchain Lens and the linked onchain dashboard, the same whale has realized over $41.7 million in cumulative profits from multiple BTC short positions, source: Onchain Lens on X and hyperbot.network/trader/0x5d2f4460ac3514ada79f5d9838916e508ab39bb7. The live position and PnL details are visible on HyperBot’s trader page for the referenced address, supporting the reported figures, source: hyperbot.network/trader/0x5d2f4460ac3514ada79f5d9838916e508ab39bb7.

According to @CoinMarketCap, an unidentified trader on Hyperliquid generated roughly $3.1M in profits within about nine hours via two 20x leveraged short positions against BTC and XRP. Source: CoinMarketCap. This confirms BTC and XRP experienced intraday declines during the period sufficient for 20x shorts to realize large gains, underscoring notable high-leverage activity in those perp markets. Source: CoinMarketCap.

According to @OnchainLens, a newly created wallet deposited $7 million USDC into HyperLiquid and opened BTC and XRP short positions using 20x leverage (source: @OnchainLens; positions viewable at hyperbot.network/trader/0x7B7b908c076B9784487180dE92E7161c2982734E). According to @OnchainLens, the combined positions are currently valued at over $110 million, indicating a large directional short exposure in BTC and XRP on HyperLiquid (source: @OnchainLens; hyperbot.network/trader/0x7B7b908c076B9784487180dE92E7161c2982734E). According to @OnchainLens, the implied effective leverage is roughly 15.7x based on $110 million notional against $7 million collateral, which aligns with the reported 20x setup (calculation from figures reported by @OnchainLens; corroborated via hyperbot.network/trader/0x7B7b908c076B9784487180dE92E7161c2982734E).

According to @PANewsCN, citing on-chain analyst EmberCN, the trader known as the former 100% win-rate whale, now at a 77.7% win rate, has increased an ETH short position to $28.31 million with effective 20x leverage (source: PANews citing EmberCN). @PANewsCN reports the position’s liquidation price is $3,399, less than $100 from the monitored spot price, underscoring immediate proximity to a potential liquidation threshold (source: PANews citing EmberCN).

According to @OnchainLens, an on-chain tracked Bitcoin OG wallet increased its BTC short to 1,823 BTC, lifted leverage from 10x to 20x, and currently values the position around $210M with unrealized profit of $3.8M, entry at $116,812 and liquidation at $120,990, source: Onchain Lens on X dated 2025-10-13 and Hypurrscan address 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae. Based on the stated figures, the liquidation level is roughly 3.6% above the entry, indicating a narrow adverse-move buffer under 20x leverage, source: figures from Onchain Lens; calculation derived from those figures. The notional at entry is approximately $213M calculated as 1,823 BTC times $116,812, which aligns with the cited ~$210M valuation, source: figures from Onchain Lens; calculation derived from those figures. Traders can monitor the $120,990 liquidation price as a key stress level and watch the Hypurrscan address for position changes to assess short-side liquidity dynamics, source: Onchain Lens on X and Hypurrscan address 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae.

According to @PolynomialFi, the platform has listed $XPL Plasma with 20x leverage. Source: https://twitter.com/PolynomialFi/status/1973401812943442227 The announcement confirms the 20x leverage parameter for the new $XPL Plasma listing on Polynomial. Source: https://twitter.com/PolynomialFi/status/1973401812943442227

According to @OnchainLens, trader @qwatio was liquidated on a 20x XRP short position on HyperLiquid, source: @OnchainLens post on X dated 2025-09-30. The tracked wallet deposited $4.22M and now shows $653k roughly three days later, implying about a $3.57M loss and an estimated 84.5% drawdown, source: CoinMarketMan Hypertracker wallet 0x9018960618eFF55F5852e345B7Cb5661fd2928e1 at app.coinmarketman.com/hypertracker/wallet/0x9018960618eFF55F5852e345B7Cb5661fd2928e1 and @OnchainLens. The liquidation and resulting balance change are verifiable on the public Hypertracker page linked by the source, confirming a forced exit on XRP perps at HyperLiquid, source: CoinMarketMan Hypertracker wallet 0x9018960618eFF55F5852e345B7Cb5661fd2928e1 and @OnchainLens.

According to @ai_9684xtpa, an address is running a 20x short on ETH on Hyperliquid with a position size of 8,000 ETH (about $32.86M notional), an average entry of $3,547.73, and a liquidation price of $4,522, with a current unrealized loss of $4.49M, source: @ai_9684xtpa; x.com/ai_9684xtpa/status/1972538386000019532; hyperbot.network/trader/0x8c5865689EABe45645fa034e53d0c9995DCcb9c9. The trader deposited 3.2 million USDC as margin about four hours before the post and has accrued $1.69M in funding since opening, source: @ai_9684xtpa; x.com/ai_9684xtpa/status/1972538386000019532; hyperbot.network/trader/0x8c5865689EABe45645fa034e53d0c9995DCcb9c9.

According to @lookonchain, as the market rebounded, trader @qwatio was partially liquidated and closed short positions on BTC and XRP with a realized loss of $3.4 million. Source: @lookonchain on X, Sep 29, 2025. According to @lookonchain, the trader then reopened a 20x leveraged short on 6.17 million XRP with approximately $17.6 million notional and a stated liquidation price of $2.9155. Source: @lookonchain on X, Sep 29, 2025. According to @lookonchain, the combination of high leverage and a defined liquidation level means any push by XRP toward $2.9155 could trigger forced buybacks and short-squeeze volatility on XRP, a spillover risk crypto traders also watch for BTC during broad market rebounds. Source: @lookonchain on X, Sep 29, 2025.