According to @lookonchain, a newly created wallet deposited 7M USDC to Hyperliquid and opened 20x short positions on BTC and XRP. Source: Lookonchain on X, Nov 6, 2025 The positions are 1,129 BTC about 116M dollars and 8,888,888 XRP about 20.35M dollars, totaling roughly 136M dollars notional from around 7M dollars margin at 20x. Source: Lookonchain on X, Nov 6, 2025 On-chain and explorer links identify wallet 0x7B7b908c076B9784487180dE92E7161c2982734E on Hypurrscan and Arkham Intelligence, with history indicating usage of Roobet and Stake.com. Source: Lookonchain on X, Hypurrscan 0x7B7b908c076B9784487180dE92E7161c2982734E, Arkham Intelligence addresses 0x7B7b908c076B9784487180dE92E7161c2982734E and 0x8E68C36E0727420aBC466c7A5eA6593ca58A7aeA This represents concentrated short exposure in a single account on Hyperliquid BTC and XRP perpetuals. Source: Lookonchain on X, Nov 6, 2025

According to @ai_9684xtpa, a long-standing BTC whale who previously rotated into ETH added 440 BTC while expanding a BTC 20x short to $393 million notional; the position’s entry is $115,783, liquidation $128,031, and unrealized profit $5.86 million. Source: @ai_9684xtpa on X, Oct 14, 2025; hyperbot.network/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae The account’s margin usage is 69.33%, with significant capacity to add as noted by the source. Source: @ai_9684xtpa on X, Oct 14, 2025; hyperbot.network/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae

According to @ai_9684xtpa, an address is holding a 20x leveraged short of 8,000 ETH (about 33.6M USD notional), with an entry of 3,547.73 USD and a liquidation price of 4,523.14 USD, source: x.com/ai_9684xtpa/status/1972840617031119287 and hyperbot.network/trader/0x8c5865689EABe45645fa034e53d0c9995DCcb9c9. The position shows an unrealized loss of approximately 5.19M USD and a margin utilization of 50.32%, indicating remaining collateral capacity to maintain the position, source: x.com/ai_9684xtpa/status/1972840617031119287 and hyperbot.network/trader/0x8c5865689EABe45645fa034e53d0c9995DCcb9c9. The liquidation level is a little over 300 USD above the referenced spot in the post, defining a key risk band from the current price area toward 4,523.14 USD, source: x.com/ai_9684xtpa/status/1972840617031119287. For trading execution, monitor 4,523.14 USD as the liquidation trigger for this 8,000 ETH short, which is the precise forced close level stated for the position, source: hyperbot.network/trader/0x8c5865689EABe45645fa034e53d0c9995DCcb9c9.

According to Ai 姨 (@ai_9684xtpa), a trader on Hyperliquid, known for a 20x short position on $BTC, increased their margin by 2 million USDC 8 hours ago, maintaining a floating profit of $7.008 million. Despite a slight market rebound, the trader added a 100 BTC take-profit limit order at $67,475, with take-profit and stop-loss points set between $67,475 - $74,192 and $92,449 - $92,636, respectively.