According to Onchain Lens, a wallet it labels as a Bitcoin OG deposited 490 BTC (about $55.09M) to Binance in the past 6 hours and sent 799 BTC (about $89.84M) to a new wallet while also depositing funds to HyperLiquid, indicating active movement across CEX and on-chain venues; source: Onchain Lens on X, Aug 26, 2025.

According to Onchain Lens, a whale deposited USD 6.69 million into Hyperliquid, opened a 3x leveraged ETH short position, and bought 889.3 ETH in spot for USD 3.9 million at 4,385 USD, source: Onchain Lens on X, Aug 25, 2025. According to Onchain Lens, this establishes a clear reference level at 4,385 USD for the whale’s spot entries while simultaneously holding leveraged short exposure on ETH perps, which traders can monitor for positioning shifts, source: Onchain Lens on X, Aug 25, 2025. According to Onchain Lens, the wallet may add more collateral to increase the short and continue spot purchases, which is their stated outlook, source: Onchain Lens on X, Aug 25, 2025.

According to @KookCapitalLLC, Hyperliquid’s daily perpetual futures trading volume rose from about $2 million pre-launch to about $6 million after Coinbase and Robinhood introduced their perps, a roughly 3x increase (source: @KookCapitalLLC on X, Aug 25, 2025). According to @KookCapitalLLC, this indicates the Coinbase and Robinhood perpetuals acted as customer education and acquisition funnels for Hyperliquid rather than reducing its flows (source: @KookCapitalLLC). According to @KookCapitalLLC, the volume change is the key datapoint for traders tracking DEX perp market share and liquidity shifts (source: @KookCapitalLLC).

According to @lookonchain, the crypto market was active during Aug 18–24, 2025, with a slight increase in total DEX trading volume, source: @lookonchain X post dated Aug 25, 2025. Hyperliquid stood out as its stablecoin holdings expanded by 256 million dollars over the week, source: @lookonchain X post dated Aug 25, 2025. Hyperliquid’s spot trading performance was also reported as outstanding during the period, source: @lookonchain X post dated Aug 25, 2025.

According to @OnchainLens, over the past five days a whale deposited $4.26M into HyperLiquid and accumulated 96,976 HYPE at an average price of $43.84, as reported on Aug 25, 2025. According to @OnchainLens, the whale’s $43.84 cost basis and $4.26M size provide clear reference levels for traders monitoring HYPE liquidity and order flow on HyperLiquid.

According to @lookonchain, a whale created a new wallet 0xb9c and deposited 10.98M USDC into Hyperliquid to open a 3x leveraged long on XPL. According to @lookonchain, the position size is 16.17M XPL valued at $8.76M with a current unrealized loss of $519K. According to @lookonchain, the reported figures imply an approximate current mark of $0.541 per XPL and the unrealized loss equals about 5.9% of the position’s current value.

According to @OnchainLens, a whale deposited $2.99M USDC into HyperLiquid to increase its 3x leveraged long position on $XPL (source: @OnchainLens). At 3x leverage, $2.99M in margin corresponds to approximately $8.97M in additional long notional exposure if fully utilized (source: @OnchainLens). The post indicates this was a further deposit, signaling continued capital allocation toward the existing $XPL long on HyperLiquid (source: @OnchainLens). No entry price, liquidation levels, funding rate, or open interest metrics were provided in the post (source: @OnchainLens).

According to @lookonchain, a Bitcoin OG wallet that received 100,784 BTC seven years ago has begun rapidly rotating from BTC to ETH. According to @lookonchain, the entity deposited approximately 22,769 BTC worth about $2.59 billion to Hyperliquid for sale over the past five days. According to @lookonchain, the same wallet then bought 472,920 ETH spot valued around $2.22 billion and opened a 135,265 ETH long worth about $577 million. According to @lookonchain, the original 100,784 BTC was valued at $642 million at the time and is about $11.4 billion now.

According to @cas_abbe, OG whales are swapping billions in BTC into ETH on Hyperliquid, lifting venue revenue that is earmarked for HYPE token buybacks, source: @cas_abbe on X. Traders focused on HYPE can track Hyperliquid fee revenue and on-chain or venue-reported buyback activity as near-term catalysts for liquidity and price discovery, source: @cas_abbe on X. For BTC, @cas_abbe flags the U.S. Core PCE Price Index release this week as a key macro catalyst for crypto volatility; Core PCE is published monthly and is a primary inflation gauge for Federal Reserve policy, source: @cas_abbe on X and U.S. Bureau of Economic Analysis.

According to @OnchainLens, The Unit team reports a long-time Bitcoin OG sold 19,663 BTC valued at approximately 2.22 billion dollars for 455,672 ETH via two entities, @OnchainLens said. Of the received ETH, 279,000 ETH worth about 1.13 billion dollars has been staked, @OnchainLens reported. The OG still holds BTC on HyperLiquid with the stated intent to convert it to ETH, @OnchainLens added. The entity maintains 176,616 ETH after these transactions, @OnchainLens said.

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, whale address 0x4174 deposited 5.45 million USDC into Hyperliquid, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, the address opened leveraged long positions of 40x on BTC and 20x on ETH, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, the address also went long 10x on HYPE, LINK, AAVE, and MKR on Hyperliquid perps, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, these moves show concentrated long exposure across BTC, ETH, and DeFi tokens on Hyperliquid, source: @lookonchain on X; Hypurrscan address 0x4174.

According to @lookonchain, whale wallet 0x31F9 deposited 15.47M USDC into Hyperliquid and opened long positions of 130.5 BTC (about $15M) and 1,714 BNB (about $1.47M) on the platform; source: @lookonchain on X, Aug 24, 2025. According to @lookonchain, the wallet also bought 18,044 SOL (about $3.7M) spot and placed limit orders for 1,073 ETH (about $5M), with additional buying activity noted in LINK and FARTCOIN; source: @lookonchain on X, Aug 24, 2025.

According to @OnchainLens, over the past 48 hours a whale deposited $15.47M USDC into HyperLiquid, opened leveraged long positions in BTC at 20x and BNB at 10x, and placed open buy orders for ETH, SOL, LINK, and FARTCOIN, with the activity tied to the hypurrscan.io address provided in the post. Source: @OnchainLens. Traders can monitor the referenced hypurrscan address for potential order fills and position changes on these pairs to track flow on HyperLiquid. Source: @OnchainLens.

According to @OnchainLens, after eight months of inactivity a whale re-entered HyperLiquid, depositing $1.56 million USDC and opening a WLFI long position with 1x leverage, reported on Aug 24, 2025; source: @OnchainLens. The address activity and deposit can be viewed on HyperLiquid’s Hypurrscan for the referenced wallet, corroborating the USDC inflow and WLFI exposure; sources: Hypurrscan, @OnchainLens. At 1x leverage, the position size implies roughly $1.56 million in notional long exposure to WLFI based on the reported deposit; source: @OnchainLens.

According to @OnchainLens, a whale address deposited $4.99 million USDC to Hyperliquid and opened a 3x leveraged long position in XPL perpetuals, with the activity visible on the referenced Hypurrscan address page (source: @OnchainLens; Hypurrscan). This establishes leveraged long exposure to XPL on Hyperliquid and is verifiable via the on-chain explorer for traders conducting due diligence (source: @OnchainLens; Hypurrscan).

According to @OnchainLens, a whale deposited $6.5M USDC to the perpetual DEX HyperLiquid and opened a BTC long position with 20x leverage. Source: twitter.com/OnchainLens/status/1959498369803706729 and hypurrscan.io/address/0x35F1 At 20x leverage, a 1% move in BTC typically translates to roughly 20% PnL on used margin, underscoring elevated liquidation risk on adverse price moves. Source: investopedia.com/terms/l/leverage.asp Traders can monitor the address activity and venue-specific flows to assess near-term positioning risk around this long. Source: hypurrscan.io and hyperliquid.xyz

According to @OnchainLens, over the past 3 hours the Bitcoin OG deposited 1,276 BTC worth $147.09M to Hyperliquid to sell for ETH (source: @OnchainLens). According to @OnchainLens, the address now holds 221,600 ETH valued at $1.06B (source: @OnchainLens). Based on @OnchainLens figures, the transfer implies roughly $115,274 per BTC ($147.09M/1,276) and about $4,781 per ETH ($1.06B/221,600), underscoring a large BTC-to-ETH rotation on a single venue (source: @OnchainLens).

According to @lookonchain, a new wallet 0x54D7 was created about 2 hours ago, funded with 5.42M USDC, and deposited into Hyperliquid to open short positions in ETH, WLFI, and XPL. According to @lookonchain, current positions are 10,641 ETH short worth $51.2M, 396,711 WLFI short worth $116.8K, and 53,793 XPL short worth $29.3K. According to @lookonchain, these figures imply the ETH short notional alone is approximately 9.4 times the reported deposit, signaling sizable leverage on Hyperliquid. According to the Hyperliquid explorer cited by @lookonchain, the positions are visible at hypurrscan.io/address/0x54D7.

According to @lookonchain, a whale created new wallet 0x54D7 about 2 hours ago, deposited 5.42M USDC to Hyperliquid, and opened short positions, citing Hypurrscan data as the source. According to @lookonchain, the wallet is currently short 10,641 ETH (~$51.2M notional), 396,711 WLFI (~$116.8K), and 53,793 XPL (~$29.3K), with positions viewable on Hypurrscan as the source. According to @lookonchain, traders should monitor Hyperliquid funding, position size changes, and liquidation proximity for ETH, WLFI, and XPL given this whale activity, with Hypurrscan as the source for live updates.