According to @ai_9684xtpa, wallet 0x3e57efef507b4db7acfa2ee79ceca6b19e18d106 deposited about 303,000 USDC as margin to Hyperliquid roughly two hours before the post, indicating a sizable capital inflow to the perp DEX (source: @ai_9684xtpa on X; Arkham Intelligence address explorer for 0x3e57efef507b4db7acfa2ee79ceca6b19e18d106). According to @ai_9684xtpa, the same wallet opened two BTC short positions on Hyperliquid that were each kept open for approximately 6 to 11 minutes, suggesting ultra-short trade execution windows (source: @ai_9684xtpa on X). According to @ai_9684xtpa, about one hour later the funds were withdrawn from Hyperliquid and moved back to Binance, closing the round-trip flow (source: @ai_9684xtpa on X; Arkham Intelligence address explorer for the same address). Traders can monitor this address and Hyperliquid BTC perp funding and open interest for any repeat large, short-duration flows that may influence near-term market microstructure on the venue (source: @ai_9684xtpa on X for the initial address identification).

According to @lookonchain, wallet 0xdDc7 deposited 3M USDC to Hyperliquid about an hour before the post and opened a 40x short on 291 BTC with $31.8M notional, signaling a large leveraged bearish position on BTC. source: Lookonchain on X, Oct 23, 2025; Hyperdash trader 0xdDc7 page The same address has completed 20 trades on Hyperliquid with an 80% win rate and $8.7M total profit, highlighting a historically profitable track record that traders may monitor for directional cues. source: Lookonchain on X, Oct 23, 2025; Hyperdash trader 0xdDc7 page

According to @ai_9684xtpa, wallet 0x1Ce4b23ED6c8B3eB12dE171Fc8f7CA7946CEF129 deposited 4.23 million USDC to Hyperliquid since yesterday, which is also visible on hyperbot.network/trader/0x1Ce4b23ED6c8B3eB12dE171Fc8f7CA7946CEF129. According to @ai_9684xtpa, the trader flipped short to long to short and about one hour ago held a maximum net short of 12,024.26 ETH worth approximately 46.69 million dollars before fully closing the position with a 24-hour realized loss of 891,000 dollars, consistent with the position history shown on hyperbot.network/trader/0x1Ce4b23ED6c8B3eB12dE171Fc8f7CA7946CEF129.

According to @PANewsCN citing Lookonchain (X, Oct 23, 2025), Machi (@machibigbrother) deposited 284,000 USDC to Hyperliquid after a liquidation to continue a long ETH position, source: @PANewsCN citing Lookonchain (X, Oct 23, 2025). The position currently stands at 2,300 ETH (about $8.8 million) with a liquidation price at $3,680.92, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025). The account’s performance has flipped from a cumulative profit of $448.4 million to a cumulative loss exceeding $137 million, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025). Traders can monitor the $3,680.92 liquidation threshold and the 2,300-ETH exposure as near-term risk markers for ETH perpetual markets, according to @PANewsCN citing Lookonchain (X, Oct 23, 2025).

According to Lookonchain, after being liquidated, Machi deposited another 284,000 USDC into Hyperliquid to continue longing ETH. Lookonchain reports the current position is 2,300 ETH worth about USD 8.8 million with a liquidation price at USD 3,680.92. Lookonchain adds that Machi’s cumulative PnL has flipped from USD 44.84 million in profits to more than USD 13.7 million in losses. According to Lookonchain, these position and liquidation details are sourced from Hyperliquid’s hyperdash.info trader dashboard.

According to Lookonchain, Machi deposited another 105,000 USDC into Hyperliquid, continued adding to his ETH long to a total of 2,600 ETH (about $10.02M), and set a new liquidation price at $3,803.71; source: Lookonchain on X: https://x.com/lookonchain/status/1980465925116817873. Traders can monitor ETH price action versus $3,803.71 as a potential liquidation trigger on Hyperliquid given the disclosed position size; source: Lookonchain on X: https://x.com/lookonchain/status/1980465925116817873.

According to @ai_9684xtpa, a trader known as “麻吉老哥” deposited 220,000 USDC received from QCP Capital into Hyperliquid as margin roughly 13 hours before the post, source: @ai_9684xtpa on X. According to @ai_9684xtpa, the trader opened a 40x BTC long about 20 minutes before the post and now holds 15 BTC long (~$1.6M) and 1,288.88 ETH long (~$5.03M), totaling ~$6.63M in positions on Hyperliquid, source: @ai_9684xtpa on X; hyperbot.network trader page. According to @ai_9684xtpa, the post states this is the last $330K in the HL account being deployed, signaling a high-conviction, high-leverage bet, source: @ai_9684xtpa on X. At 40x leverage, the liquidation buffer is narrow and adverse moves can trigger forced closeouts quickly, source: Hyperliquid Docs.

According to @ai_9684xtpa, wallet 0x09055b0704F97F8D928a3254137bBcA6F29ea80e deposited 9.88M USDC to Hyperliquid about 10 hours ago during a market drawdown, then set limit buy orders at ETH 3,750–3,835, SOL 184.75–185.4, PUMP 0.003525–0.0036, and FARTCOIN 0.355–0.358. Source: x.com/ai_9684xtpa/status/1978642576673825081; hypurrscan.io/address/0x09055b0704F97F8D928a3254137bBcA6F29ea80e. The order ladder reportedly mirrors CBB’s four-token setup but at slightly less aggressive bids, flagging potential short-term support zones and buy-the-dip interest that traders can monitor for fills and liquidity absorption on Hyperliquid. Source: x.com/ai_9684xtpa/status/1978642576673825081. For execution tracking, watch order book reactions as price tests these ranges and verify fills via the address on Hypurrscan to gauge impact and follow-on flows. Source: hypurrscan.io/address/0x09055b0704F97F8D928a3254137bBcA6F29ea80e.

According to @ai_9684xtpa, a new address 0xc2a...4E5f2 deposited 10,000,000 USDC to Hyperliquid about 50 minutes before opening a BTC 5x short totaling 1,240 BTC (~$140M) with an entry of $112,598 and a liquidation price of $137,695.1, sources: @ai_9684xtpa; hyperbot.network/trader/0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2. The address was created three days ago and reportedly withdrew the margin from Crypto.com roughly 10 hours prior to the deposit, source: @ai_9684xtpa. The account also holds approximately $21.98M worth of ETH said to be transferred by Hyperunit, source: @ai_9684xtpa. Based on a 5x short of 1,240 BTC at ~$112,598, notional is about $140M and implied initial margin is ~20% (~$28M), which broadly aligns with the reported 10M USDC plus ~$21.98M in ETH, source: calculation from @ai_9684xtpa figures. For trading context, the reported liquidation at $137,695.1 sits roughly 22% above the stated entry, providing a clear invalidation level for the short exposure, source: @ai_9684xtpa; calculation from reported figures. Live position details and updates are visible on the Hyperliquid explorer page, source: hyperbot.network/trader/0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2.

According to Lookonchain, James Wynn deposited 197,000 USDC to Hyperliquid and claimed a 2,818 USD referral reward, with the activity visible at wallet 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6 on Hypurrscan, source: Lookonchain; Hypurrscan. According to Lookonchain, he then opened leveraged long positions totaling about 4.8 million USD notional across BTC at 40x with 34.2 BTC valued at approximately 3.85 million USD, kPEPE at 10x with 122.8 million tokens valued at approximately 917,000 USD, and HYPE at 10x with 712.67 tokens valued at approximately 28,000 USD, source: Lookonchain; Hypurrscan. According to Lookonchain, BTC accounts for roughly 80 percent of the reported notional while kPEPE is about 19 percent and HYPE about 1 percent, concentrating the long exposure on BTC perps on Hyperliquid, source: Lookonchain; Hypurrscan. According to Lookonchain, based on the reported deposit plus referral reward totaling approximately 199,818 USD versus 4.8 million USD notional, the implied portfolio-level leverage is roughly 24x if entirely funded by this margin, source: Lookonchain; Hypurrscan.

According to @OnchainLens, James (@JamesWynnReal) deposited 196,859 USDC on HyperLiquid and claimed a 2,819 USDC referral reward to trade perps; source: @OnchainLens on X. He opened long positions in BTC at 40x leverage and in PEPE and HYPE at 10x leverage, with the activity trackable via wallet 0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6 on HyperTracker; source: @OnchainLens on X, CoinMarketMan HyperTracker. Higher leverage materially tightens liquidation buffers under HyperLiquid’s perpetuals rules, increasing position risk at 40x versus 10x; source: HyperLiquid documentation on perpetuals and liquidations.

According to @lookonchain, the address labeled BitcoinOG deposited another $40M USDC into Hyperliquid and is increasing its short position on BTC, as reported on X on Oct 13, 2025 (source: x.com/lookonchain/status/1977723953582862766). On-chain explorer data confirms the deposit activity for address 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae on Hyperliquid, corroborating the new inflow and position update (source: hypurrscan.io/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae).

According to @ai_9684xtpa, wallet 0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365 deposited 9.5 million USDC to Hyperliquid within the past two hours and opened a 25x long of 18,960.93 ETH, notional about $70.76 million, with entry at $3,717.76 and liquidation at $3,282.87. Source: https://twitter.com/ai_9684xtpa/status/1977207849622081845; https://hyperbot.network/trader/0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365 These figures imply roughly an 11.7% downside buffer from entry to liquidation, marking $3,282.87 as the critical margin risk threshold for this high-leverage ETH long. Source: same sources above

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 @OnchainLens, a whale deposited $6.27M USDC into HyperLiquid and purchased 5.279M XPL at a reported execution price of $1.89 (source: Onchain Lens on X; on-chain viewer: https://hypurrscan.io/address/0xcc07FBD0AA69923d45CaA1aAE2f8b42FeF6Dd368). At that price, the buy size equals approximately $9.98M notional, calculated directly from the quantities shared by @OnchainLens (source: Onchain Lens on X). The address and transaction trail are publicly accessible for verification via Hypurrscan at the link above (source: Hypurrscan).

According to @EmberCN, a whale sent 32.4M USDC to Binance and then withdrew 134,628 SOL on-chain within the past 6 hours, with the receiving wallet identified as 9PYSeqfrZRYZCmb2ZcvZ2LfYPtBsSkDB5Ef7ssm73Fd7 and the tranche valued at about $32.4M (source: X/@EmberCN, https://twitter.com/EmberCN/status/1969204060109578428). Arkham Intel’s explorer shows SOL withdrawals from Binance to the cited address, evidencing a 134,628 SOL net outflow from the exchange for this wallet (source: Arkham Intel, https://intel.arkm.com/explorer/address/9PYSeqfrZRYZCmb2ZcvZ2LfYPtBsSkDB5Ef7ssm73Fd7). For traders, the sequence of a USDC deposit followed by SOL withdrawals indicates spot-side accumulation behavior for this address per the report; monitoring this wallet and related Binance SOL flows can help track near-term liquidity shifts (source: X/@EmberCN post and Arkham Intel address page).

According to @OnchainLens, a whale deposited $5.17M USDC into HyperLiquid and opened a 5x long on HYPE sized at 483,576 HYPE with notional value $26.4M, entry price $53.77, and liquidation price $45.28, sourced from the Hypurrscan address 0x69e45D4b853D2864450E0C25d12B43f2AD845272. Based on these disclosed position metrics, the initial margin is roughly 19.6% and liquidation sits about 15.8% below entry, defining key risk bands for HYPE per @OnchainLens and Hypurrscan. Traders can track $53.77 as the immediate reference and $45.28 as the liquidation defense level, with the $5.17M USDC collateral on HyperLiquid confirmed by @OnchainLens and Hypurrscan.

According to @ai_9684xtpa, a wallet that reportedly realized 9.56 million USD in ETH swing-trade profits between 2025.06-08 has begun accumulating HYPE on Hyperliquid, source: @ai_9684xtpa; hypurrscan.io. The address 0x746bd928F271434deaAa6682EEFe6f82674D4561 deposited 4.01 million USDC to Hyperliquid over the past 9 hours, source: @ai_9684xtpa; hypurrscan.io. Of this, 2.996 million USDC has purchased 63,197 HYPE at an average entry of 47.41 USD, while a remaining 1.02 million USD limit buy is resting at 47.17 USD, source: @ai_9684xtpa; hypurrscan.io.

According to @lookonchain, wallet 0x560C deposited 14.53M USDC to Hyperliquid about 5 hours ago and opened a 2x leveraged long on SOL totaling 143,126 SOL with $29M notional, source: @lookonchain; hypurrscan.io/address/0x560C61542E21544749Cd5DC8fd3ad0C4B78A3997. The implied average entry is approximately $203 per SOL based on $29,000,000 divided by 143,126, aligning with 2x leverage versus the 14.53M USDC collateral, source: @lookonchain; hypurrscan.io/address/0x560C61542E21544749Cd5DC8fd3ad0C4B78A3997.

According to Lookonchain, on-chain address 0xd8ef deposited 3.25M USDC to Hyperliquid and opened a 25x leveraged short on ETH sized at 3,000 ETH (~$12.98M) (source: @lookonchain). According to Lookonchain, the short’s reported liquidation price is $5,291.9, defining the forced-closure threshold for this position (source: @lookonchain). According to Lookonchain, these parameters indicate a large, high-leverage bearish position that traders can monitor, with the $5,292 level serving as the key risk marker for potential liquidation (source: @lookonchain).