According to @lookonchain, address 0xf35a6 went max long on BTC, TRUMP, and ENA and was liquidated three times within 30 minutes during a market downturn. Source: Lookonchain on X. The wallet moved from over 4 million dollars in profit to a 238 thousand dollar loss following the forced liquidations, with trade history available on Hyperdash for the cited address. Sources: Lookonchain on X; Hyperdash. Lookonchain emphasized that high leverage is extremely risky, highlighting elevated liquidation exposure on BTC and altcoin longs during sharp drawdowns. Source: Lookonchain on X.

According to @EmberCN, a whale opened a 40x BTC long about 4 hours prior with size around USD 107 million and a liquidation price near USD 109,000, reportedly about USD 500 from spot at the time of posting; source: @EmberCN on X; hyperbot.network/trader/0xf35a60331a38326a6af92badd89622555181fb59. The same source reports additional longs of roughly USD 20 million in TRUMP and USD 15 million in ENA, with liquidation levels described as close to current price; source: @EmberCN on X; hyperbot.network/trader/0xf35a60331a38326a6af92badd89622555181fb59. The on-chain trader address and its leveraged positions, including liquidation thresholds, are viewable on the linked dashboard for monitoring; source: @EmberCN on X; hyperbot.network/trader/0xf35a60331a38326a6af92badd89622555181fb59. The post is disclosed as sponsored by Bitget; source: @EmberCN on X.

According to @EmberCN, a whale or institution withdrew 25 million ENA (about $12.3 million) from Binance, OKX, and Bybit over the last two hours, indicating a net exchange outflow of that size during the window. Source: @EmberCN. The two recipient wallets were shared via Arkham Intelligence explorer links in the post, enabling traders to track subsequent on-chain movements of the withdrawn ENA. Source: Arkham Intelligence via @EmberCN. Large exchange outflows are commonly monitored in on-chain analytics as potential liquidity shifts that can affect order book dynamics. Source: Glassnode Insights; CryptoQuant Docs.

According to the source, SUI leads this week’s largest token unlocks at USD 146.24M, followed by GRASS at USD 77.58M, ENA at USD 48.88M, and EIGEN at USD 41.63M; source: X post dated Oct 28, 2025.

According to @lookonchain, a sharp crash in ENA triggered forced liquidations that wiped out a single whale across two wallets, resulting in a total realized loss of 2.91 million dollars; source: Lookonchain on X, 22 Oct 2025, https://x.com/lookonchain/status/1981037644013621428.

According to @ai_9684xtpa, despite BTC falling, an address linked to Andrew Kang increased shorts to 362.49 BTC (~$39.97M) and 6,995.72 ETH (~$27.81M) while showing unrealized losses on the short book (source: @ai_9684xtpa on X; hyperbot.network). The wallet closed a HYPE long for a $123K loss and trimmed an ENA long for a $1.615M profit (source: @ai_9684xtpa on X; hyperbot.network). As of the latest update, the account holds $67.79M in shorts versus $2.92M in longs with total unrealized PnL of -$605K (source: @ai_9684xtpa on X; hyperbot.network).

According to @ReetikaTrades, ENA is among the strongest coins during the current rebound, indicating relative strength versus peers, source: @ReetikaTrades on X, Oct 19, 2025. The author notes the weekly market structure has held reasonably well, supporting a constructive technical bias, source: @ReetikaTrades on X, Oct 19, 2025. A prior wick to 0 is characterized as an anomaly to be ignored rather than a structural breakdown, source: @ReetikaTrades on X, Oct 19, 2025. The author remains bullish and expects ENA to trade above 1 in Q4, framing a clear upside target, source: @ReetikaTrades on X, Oct 19, 2025. The stated trading approach favors buying dips over chasing rips, highlighting a pullback-entry strategy for ENA, source: @ReetikaTrades on X, Oct 19, 2025.

According to @lookonchain (X, Oct 19, 2025), address 0x579f deposited 2.91M USDC to Hyperliquid over the past two days and is running about $70M in gross notional split as short 232 BTC (~$25M), short 5,810 ETH (~$22.7M), and long 44.79M ENA (~$21.3M). According to Hypurrscan address 0x579f4017263b88945d727a927bf1e3d061fee5ff, the open positions and notionals align with these figures. Based on @lookonchain figures, the roughly $70M gross notional versus $2.91M recent deposits indicates notional leverage greater than 20x on this account. This long ENA and short BTC/ETH structure, per @lookonchain and Hypurrscan, reflects a relative value stance favoring ENA over majors on Hyperliquid that traders can monitor for flow dynamics.

According to @OnchainLens, a multisig wallet linked to @gddog (founder of Ethena) withdrew 48M ENA, valued at $20.41M, from Binance and Bybit over the past 3 days based on Nansen data. According to @OnchainLens using Nansen labels, the wallet address is 0xA7eEA194794D1BEe1067C8fA7D8dbC8ca94A907a and the transfers were exchange outflows from Binance and Bybit to this multisig. According to @OnchainLens citing Nansen, the reported totals imply an average transfer value of approximately $0.425 per ENA during this period.

According to @ai_9684xtpa, on-chain wallet 0x0b5...1C2D5 opened a $100 million ETH 25x short over the past 10 hours, now showing $638,000 unrealized profit with 25,887.39 ETH at an average entry of $3,926.95, source: @ai_9684xtpa on X and hyperbot.network trader page. The same wallet also holds a SOL 20x short worth $5.71 million with 30,806.13 SOL at $186.256 and an ENA 10x long worth $580,000 with 1.44 million ENA at $0.40, bringing total unrealized PnL to $804,000, source: @ai_9684xtpa on X and hyperbot.network trader page. Net positioning from these leveraged trades is short ETH and SOL while long ENA, which traders are tracking via the reported address and on-chain dashboard, source: @ai_9684xtpa on X and hyperbot.network trader page.

According to @ai_9684xtpa, a wallet described as a TOP36 $HYPE holder withdrew 3 million $ENA from Binance about one hour prior to the post, valued at approximately $1.32 million, marking the wallet’s first ENA position (source: @ai_9684xtpa on X, Oct 15, 2025). According to @ai_9684xtpa, ENA has declined nearly 20% over the past seven days, indicating the accumulation occurred into weakness (source: @ai_9684xtpa on X, Oct 15, 2025). According to the Arkham on-chain explorer, the referenced wallet is 0x7BE1cbA648ebE1aB8084244d23f28D68a86480D8, which is provided as the source address for verification of the transfer and holdings (source: Arkham Intel address page for 0x7BE1cba648ebe1ab8084244d23f28d68a86480d8). According to @ai_9684xtpa, the Binance outflow moves 3 million ENA off-exchange into a single address, a flow that traders track for short-term supply shifts (source: @ai_9684xtpa on X, Oct 15, 2025).

According to @ai_9684xtpa, wallet linked to KOL @Cbb0fe deposited 5,000,000 USDC to Hyperliquid roughly 40 minutes before the post, indicating new capital on the venue for crypto spot or perp bids, source: @ai_9684xtpa; on-chain reference: hypurrscan.io/address/0x49E96E255bA418d08E66c35b588E2f2F3766E1d0. Following the deposit, the wallet placed multiple limit buy orders on Hyperliquid totaling about $5M across ETH, PUMP, XPL, ENA, and BERA, source: @ai_9684xtpa; on-chain reference: hypurrscan.io/address/0x49E96E255bA418d08E66c35b588E2f2F3766E1d0. Reported bids are set at ETH $3,250–$3,450 for approximately $1.34M, PUMP $0.0019 for approximately $1.14M, XPL $0.20–$0.25 for approximately $0.97M, ENA $0.19 for approximately $0.80M, and BERA $0.90 for approximately $0.72M, source: @ai_9684xtpa; on-chain reference: hypurrscan.io/address/0x49E96E255bA418d08E66c35b588E2f2F3766E1d0. These resting limit bids create visible buy-side liquidity at the specified price levels on Hyperliquid’s orderbook for the listed pairs, source: @ai_9684xtpa; on-chain reference: hypurrscan.io/address/0x49E96E255bA418d08E66c35b588E2f2F3766E1d0.

According to @santimentfeed, altcoin buyers who entered on the China tariff news dip saw quick rebounds, with ENA up 14%, TAO up 13%, and SUI up 7% while Bitcoin (BTC) stayed near approximately $115,000. According to @santimentfeed, several other projects also quickly made up prior losses even as BTC remained flat.

According to @akshat_hk, buying ENA under $0.40 has performed well so far, indicating a favorable short-term entry outcome from this level, source: @akshat_hk on X, Oct 13, 2025. The author notes that the last time ENA traded below $0.40, the market faced massive VC overhangs, which weighed on price, source: @akshat_hk on X, Oct 13, 2025. The author also states that during that prior low there were no ENA DATs and no Binance listing, implying a comparatively improved trading backdrop now, source: @akshat_hk on X, Oct 13, 2025. This frames sub-$0.40 as a relatively stronger setup versus the previous visit to this area, per the author’s assessment, source: @akshat_hk on X, Oct 13, 2025.

According to @OnchainLens, a wallet linked to Christopher Heymann, a founding partner at 1kx, deposited $2,000,000 USDC into HyperLiquid and re-opened a $ENA perpetual long with 10x leverage (source: @OnchainLens; hypurrscan.io/address/0x9542d56b89830c60082dE0c976F2e72A633E24Fd). According to @OnchainLens, the same wallet had previously deposited $4.22M into HyperLiquid and was liquidated during the recent market dump (source: @OnchainLens).

According to the source, traders debating a reported USDe depeg versus an exchange-oracle print should validate peg robustness via redemption mechanics and market indices per Ethena Labs documentation and major exchange index methodologies. Check whether USDe trades persistently away from 1.00 across liquid venues and whether redemption maintains parity after fees and limits per Ethena Labs documentation and Binance and Bybit index methodology disclosures. Inspect on-chain mint and burn flows and stablecoin pool imbalances to gauge sustained redemption pressure and slippage per Ethena Labs documentation and Curve Finance documentation. Evaluate hedge health by monitoring ETH perpetual funding, basis and open interest given USDe’s delta-hedged design using short perps per the Ethena whitepaper and Binance and Bybit derivatives documentation. Differentiate oracle incidents by cross-checking Chainlink and Pyth status reports with exchange index constituents and circuit-breaker rules, as rapid price snap-backs alongside oracle notices typically indicate data issues rather than fundamental depeg risk per Chainlink documentation, Pyth Network documentation, and Binance index safeguards.

According to @ai_9684xtpa, four wallets deposited 14.52 million ENA valued at $8.9 million into Bybit. Source: @ai_9684xtpa. The receiving Bybit address reportedly had frequent interactions with Mirana Ventures about three years ago, but its ownership remains unconfirmed. Source: @ai_9684xtpa. The wallet for review is 0x2bbe282A893D2Cb4672306a7e879e3cca4A1Cda6 as listed on the Arkham Intelligence explorer shared in the post. Source: Arkham Intelligence via the link referenced by @ai_9684xtpa. Large token deposits to centralized exchanges are commonly monitored by traders for potential changes in on-exchange liquidity that can influence near-term price dynamics. Source: CryptoQuant research on exchange inflows.

According to @OnchainDataNerd, whale address 0xa31 deposited a total of 11.67M ENA valued at roughly $6.9M to Binance about three hours before the report, with activity visible from wallet 0xa312114B5795dFF9B8db50474dD57701AA78aD1E, source: @OnchainDataNerd and Arkham Intelligence address page. Traders commonly monitor large exchange inflows as a near-term indicator of potential sell-side activity and volatility in the deposited asset, source: CryptoQuant metrics documentation on exchange inflows.

According to @ai_9684xtpa, wallet 0x325c7e222E21b0dC84a1a8Bf436d3aF684C55E50 deposited 5,000,000 ENA to Binance around 5 hours ago, valued at approximately 2.84 million USD, source: @ai_9684xtpa. The same wallet received 22,280,000 ENA about 6 days ago from an Ethena multisig, worth roughly 12.98 million USD, and sent the tokens to exchanges in two deposits, which the source characterizes as likely selling, source: @ai_9684xtpa. The address reportedly had frequent interactions two years ago with Synthetix founder Kain Warwick, but ownership of the wallet remains unconfirmed, source: @ai_9684xtpa. Wallet details are available via Arkham at intel.arkm.com/explorer/address/0x325c7e222E21b0dC84a1a8Bf436d3aF684C55E50, source: @ai_9684xtpa.

According to @OnchainDataNerd, 10 hours ago wallet 0xaA3D56e9695F75eEcd6E3E78546154b727147b8a withdrew 4.5M ETHFI (~$6.34M) and 7.99M ENA (~$4.38M) from Binance, source: @OnchainDataNerd; Arkham Intelligence. Over the past three weeks, the address accumulated 15.36M ENA (avg entry ~$0.60), 4.5M ETHFI (avg entry ~$1.40), and 11.24M IMX (avg entry ~$0.80), source: @OnchainDataNerd. The reported Binance outflows total approximately $10.72M, calculated from the amounts cited for ETHFI and ENA, source: @OnchainDataNerd. The wallet reference for verification is the Arkham Intelligence explorer address 0xaA3D56e9695F75eEcd6E3E78546154b727147b8a, source: Arkham Intelligence.