According to @OnchainLens, a whale deposited $1.95M USDC into HyperLiquid to increase a 25x leveraged ETH short position. Source: @OnchainLens. The position showed a floating profit of $800K with total ETH short exposure valued at $76M at the reported time. Source: @OnchainLens.

According to Lookonchain, a whale created new wallet 0x54D7 and deposited 5.42M USDC to Hyperliquid about two hours before the report to short ETH, WLFI, and XPL, source: Lookonchain. The wallet’s current short positions are 10,641 ETH with approximately $51.2M notional, 396,711 WLFI at about $116.8K, and 53,793 XPL at about $29.3K, source: Lookonchain and Hypurrscan at hypurrscan.io/address/0x54D7. Based on these figures, ETH represents roughly 99.7% of total short notional and the notional size is about 9.4 times the reported 5.42M USDC deposit, source: Lookonchain and Hypurrscan.

According to @lookonchain, ETH has broken to a new all-time high and previously wrecked traders @AguilaTrades and @JamesWynnReal have re-entered with fresh positions (source: @lookonchain). @AguilaTrades opened a 220 ETH short worth about $1.03M (source: @lookonchain). @JamesWynnReal opened longs of 29 ETH (~$137K) and 867,335 DOGE (~$200K) (source: @lookonchain).

According to @OnchainLens, a whale deposited $1.59M USDC into Hyperliquid and opened short positions on ETH (25x), BTC (40x), and SOL (20x) (source: @OnchainLens post on X, Aug 16, 2025). Onchain activity tied to this event is viewable via Hypurrscan for address 0xB89E... as shared by the source (source: Hypurrscan explorer link provided by @OnchainLens). For traders, high leverage on Hyperliquid narrows liquidation buffers due to maintenance margin rules, increasing sensitivity to adverse price moves (source: Hyperliquid documentation on leverage and liquidation mechanics).

According to @OnchainLens, a whale deposited $4M USDC to HyperLiquid, opened SOL and ETH short positions with 20x leverage, and holds a small BTC short (20x) worth $444. source: https://twitter.com/OnchainLens/status/1955914792310542781 The referenced activity is visible via the HyperLiquid explorer Hypurrscan at the provided address page, which lists the account and related positions. source: https://hypurrscan.io/ and hypurrscan.io/address/0x6355 At 20x leverage, initial margin is 5%, so $4M in capital could control up to $80M notional if fully utilized, based on standard leverage math. source: https://www.investopedia.com/terms/l/leverage.asp Large short positioning contributes to venue-level open interest and can influence perpetual funding rates because funding reflects long–short imbalances; traders may monitor SOL, ETH, and BTC perpetual funding and OI on HyperLiquid for shifts. source: https://academy.binance.com/en/articles/what-are-funding-rates and https://www.investopedia.com/terms/o/openinterest.asp

According to @lookonchain, trader AguilaTrades shorted 21,050 ETH, about $99.6M, and realized a $416K loss on this position; source: @lookonchain on X, Aug 14, 2025. According to @lookonchain, over the past 20 hours AguilaTrades executed seven trades across long and short, all losses, for a 0% win rate and a total realized loss of $1.95M; source: @lookonchain on X, Aug 14, 2025.

According to @EmberCN, trader @AguilaTrades added an ETH short within the past 10 minutes and now holds a 15x leveraged short of 26,000 ETH with a reported position value of about 111 million dollars, source: @EmberCN on X. According to @EmberCN, the position’s entry price is 4,219 dollars with a liquidation price at 4,435 dollars, and the position can be monitored via the hyperdash.info trader page shared by the author, source: @EmberCN and hyperdash.info. Based on the leverage and notional reported by @EmberCN, the implied initial margin is roughly 7.4 million dollars, calculated from the figures cited by @EmberCN.

According to @lookonchain, AguilaTrades placed a limit short totaling 29,000 ETH (about USD 122.4M) stacked between 4,200 and 4,240 on August 11, 2025. Source: @lookonchain; Hypurrscan. The orders are visible on Hypurrscan at address 0x1f25..., implying a full-size average intended entry near 4,220 if completely filled. Source: @lookonchain; Hypurrscan. Traders can monitor fills or cancellations at the same address to gauge ETH liquidity and execution dynamics around 4,200-4,240. Source: @lookonchain; Hypurrscan.

According to @EmberCN on X (Aug 10, 2025), trader @AguilaTrades began a 25x leveraged ETH short roughly 20 minutes earlier and is executing a TWAP order expected to complete the sale of 10,000 ETH (~$42M) over about 3 hours (source: @EmberCN on X, Aug 10, 2025). Based on those figures, the flow implies roughly 3,333 ETH per hour (~55.6 ETH per minute) and an estimated initial margin near $1.68M at 25x notional, which is trading-relevant for intraday liquidity and funding dynamics (source: @EmberCN on X, Aug 10, 2025). The same source notes he closed prior BTC and ETH longs last night for $11.3M in profit, indicating a shift from long to short positioning (source: @EmberCN on X, Aug 10, 2025). Traders can monitor ETH perpetual funding, spot-derivatives basis, and liquidation clusters during the reported 3-hour window to gauge order-flow impact from the TWAP execution (source: @EmberCN on X, Aug 10, 2025).

According to Lookonchain, whale address 0x8c58 deposited another $8.6M USDC to Hyperliquid in the past 24 hours to avoid liquidation of an ETH short, source: Lookonchain. The trader shorted ETH near $2,969 on July 12 and has repeatedly added margin as ETH rose, source: Lookonchain. Cumulative loss is $20M and the position’s new liquidation price is $4,885.3 on Hyperliquid, source: Lookonchain.

According to @lookonchain, trader 0xCB92 has significantly increased his short position on Ethereum (ETH), now holding 50,000 ETH valued at $171.7 million. The trader currently has over $10 million in unrealized profit with a critical liquidation price set at $3,634. This large short position signals bearish sentiment from a high-volume market participant and may influence near-term ETH price action and derivatives trading strategies. Source: @lookonchain

According to @EmberCN, prominent trader @qwatio recently transferred $2.98 million USDC into Hyperliquid to open significant short positions in BTC and ETH. This move has already generated an unrealized profit of $1.9 million. Notably, @qwatio is using his principal for these trades; he previously turned $3 million into $26 million in profits but lost a portion in prior BTC short attempts (Source: @EmberCN on Twitter). This aggressive shorting activity could signal increased bearish sentiment and potential volatility in both BTC and ETH markets.

According to Cas Abbé, advanced traders holding long positions in altcoins can safeguard their portfolios by initiating small short positions in BTC or ETH when perpetual futures funding rates become overheated. This hedging approach is designed to mitigate risk and reduce net exposure during potential sudden market drawdowns, thereby enhancing portfolio stability and protecting profits. Source: Cas Abbé.

According to @lookonchain, a trader identified as AguilaTrades recently closed short positions on 6,832 ETH (valued at $25.15 million) and 1,134 BTC (valued at $134 million), incurring a realized loss of $1.1 million. Despite this loss, the trader maintains a significant bearish stance on Ethereum, still holding a massive short position of 50,000 ETH, worth approximately $186 million. This remaining open position is currently at an unrealized loss of over $7 million, signaling high conviction in a potential price drop for ETH.

According to @lookonchain, a prominent trader known as AguilaTrades has closed significant short positions, realizing a substantial loss. The trader closed shorts on 6,832 ETH, valued at $25.15 million, and 1,134 BTC, valued at $134 million, resulting in a realized loss of $1.1 million. Despite this, AguilaTrades continues to hold a massive short position of 50,000 ETH, worth approximately $186 million. This remaining position is currently facing an unrealized loss of over $7 million, indicating a strong bearish bet against Ethereum's price that is currently unprofitable.

According to Lookonchain, Ethereum (ETH) experienced a sharp decline, enabling smart trader 0xcB92 to accumulate an unrealized profit of $9.37 million from his ETH short position. This significant gain highlights active shorting strategies as Ethereum volatility increases, sending signals to traders about potential continued bearish momentum in the crypto market. As ETH price pressures mount, market participants may observe increased short interest and volatility, which could influence broader crypto asset pricing and trading strategies. (Source: Lookonchain on Twitter)

According to Lookonchain, smart trader 0xcB92 closed his ETH long position and switched to short right before Ethereum experienced a price drop, securing a $5.18 million profit within two weeks. This timely trade demonstrates the importance of closely monitoring on-chain smart money movements for crypto traders seeking alpha. Such large-scale profit-taking by experienced traders can signal potential short-term volatility and trend reversals in the ETH market, offering critical insights for risk management and directional positioning. Source: Lookonchain (x.com/lookonchain/status/1930892828554490202).

According to Lookonchain, Abraxas Capital has realized over $13 million in total profits from two wallets on Hyperliquid by shorting Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) with 10x leverage as a hedging strategy against spot holdings. This trading activity demonstrates the effectiveness of leveraged short positions for risk management during volatile crypto markets, and the success of these trades suggests growing institutional adoption of advanced derivatives platforms like Hyperliquid. Crypto traders are closely monitoring Abraxas Capital’s moves as indicators of institutional sentiment and the broader trend toward professionalized risk management in digital assets (Source: x.com/lookonchain/status/1928352875127652683, hyperdash.info).

According to Flood (@ThinkingUSD), Ethereum (ETH) currently presents a potential shorting opportunity as a hedge, citing that ETH open interest has surged dramatically while inflows into ETH ETFs remain significantly lower than those seen in Bitcoin ETFs and are unlikely to match them. For traders, this divergence between open interest growth and lagging ETF inflows may signal increased leverage and potential downside risk for ETH, making short positions a strategic hedge in current market conditions (source: Twitter/@ThinkingUSD, 2025-05-30).

According to Lookonchain, a highly profitable trader with over $15 million in realized gains on Hyperliquid is now aggressively shorting major cryptocurrencies including ETH, BTC, AVAX, SOL, and USUAL. The trader has executed 100 limit orders to short ETH specifically within the $2,460 to $2,480 price range (source: Lookonchain, May 19, 2025). This large-scale short positioning signals bearish sentiment among experienced market participants and could increase downward pressure on these assets. For crypto traders, this may indicate a potential near-term correction, especially for Ethereum, which is being targeted with concentrated sell orders. Monitoring this trader's activity could provide actionable insights for short-term trading strategies. Source: https://twitter.com/lookonchain/status/1924283441845276776