According to @OnchainLens, a whale deposited $3.25M USDC into HyperLiquid and opened short positions in BTC at 40x leverage and ETH at 25x, supported by their alert and accompanying screenshot (source: @OnchainLens on X, Sep 3, 2025). At 40x and 25x leverage, adverse moves of roughly 2.5% and 4% from entry can trigger liquidation on isolated margin based on standard crypto futures margin formulas (source: Binance Futures leverage and margin documentation, accessed prior to Oct 2024). Traders can monitor HyperLiquid funding rate shifts, open interest changes, and liquidation levels to gauge near-term volatility signals tied to this position set-up (source: HyperLiquid documentation on funding, open interest, and liquidation metrics; reference: @OnchainLens on X).

According to Lookonchain, a major crypto whale deposited $13 million USDC to Hyperliquid and opened significant short positions on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) using 5x leverage (source: Lookonchain via Twitter, May 10, 2025). This sizable short bet introduces substantial selling pressure to these leading cryptocurrencies, potentially triggering increased volatility and raising short-term bearish signals for traders. The whale's aggressive use of leverage also increases liquidation risk, which could impact price swings if markets move against the position. Traders should closely monitor Hyperliquid and on-chain activity for further large movements that might affect Bitcoin, Ethereum, and Solana price action.