According to Lookonchain, Machi Big Brother (@machibigbrother) achieved over $2.1 million in profits within one week by executing 7 long trades on ETH and HYPE via Hyperliquid, after funding his account with 6.04 million USDC starting May 16. All trades were profitable, demonstrating effective trading strategies in high-liquidity crypto markets. This highlights the potential for significant gains through disciplined long positions and precise timing on trending tokens, especially on decentralized derivatives platforms like Hyperliquid (Source: Lookonchain on Twitter, May 23, 2025).

According to Lookonchain, whale trader 0x20B1 was forced to close all $HYPE short positions with 5x leverage on Hyperliquid, realizing a $23.5 million loss as HYPE surged sharply. Since April 29, 0x20B1 had deposited a total of $30.5 million USDC to maintain these short positions, but after liquidating the trades just two hours ago, only $6.98 million remains. This significant liquidation highlights increased volatility and risk in the $HYPE market, signaling potential for further price swings and increased attention from crypto traders monitoring major whale moves. (Source: Lookonchain, Twitter, May 23, 2025)

According to Lookonchain, whale trader 0x20B1 suffered a $23.5 million loss after closing all $HYPE shorts with 5x leverage, following a sharp surge in $HYPE price. Since April 29, 0x20B1 had deposited $30.5 million USDC into Hyperliquid to maintain short positions against $HYPE. After capitulating two hours ago, only $6.98 million remains, marking a significant liquidation event that signals strong bullish momentum for $HYPE and increased short squeeze risk. This event highlights heightened volatility and potential upside for $HYPE traders, with liquidations likely adding further fuel to the ongoing rally (source: Lookonchain on Twitter, May 23, 2025).

According to Lookonchain, a whale deposited $7 million USDC into Hyperliquid three hours ago, allocating $3.5 million USDC to purchase 1,371.87 ETH at a spot price of $2,551 and using the remaining $3.5 million USDC to open a 3x leveraged long position on ETH at an entry of $2,550.42. This significant capital deployment indicates high conviction in Ethereum price appreciation and may signal increased volatility and liquidity for ETH in the near term. Traders should monitor ETH/USD order books and funding rates for potential ripple effects across DeFi and centralized exchanges, as large whale activity often precedes short-term price movements (Source: Lookonchain via Twitter, May 20, 2025).

According to Lookonchain on X.com, Ethereum (ETH) broke above $2,700, triggering major trading action from a large whale. The trader, who had shorted BTC, ETH, and SOL with 5x leverage, saw his previous $3.5 million profit turn into a $7.6 million loss as prices surged. In response, he deposited an additional $11.9 million USDC into Hyperliquid, raising his total deposits to $62.4 million USDC and further increasing his short exposure. This aggressive move highlights heightened volatility and potential short squeeze risks for leveraged traders in the current crypto market rally (source: Lookonchain, X.com, May 14, 2025).

According to Lookonchain on X, a trader has deposited additional USDC into Hyperliquid and continued to short ETH with 25x leverage, leading to a current loss exceeding $2.6 million. The reported liquidation price for this highly leveraged position is $2,343.4. These aggressive moves highlight significant risk exposure and may increase volatility in ETH perpetual markets. Crypto traders should monitor ETH price levels closely, as liquidation events at such a scale could spark sudden price swings or trigger cascading liquidations across exchanges. (Source: Lookonchain, x.com/lookonchain/status/1920742501620613354)