Lookonchain reports that trader 0x15a4 closed 1,000 BTC and 10,000 ETH longs for over $20M profit before opening a 20x short on 13,000 ETH worth $29M.

Galaxy Digital and Wintermute hold $126.23M shorts vs $11.33M longs on Hyperliquid, posting combined 30-day losses above $21M.

Abraxas Capital bought 16,554 ETH ($39.8M) spot while holding 120,178 ETH ($291.4M) shorts on Hyperliquid, with ETH at $2432 near EMA50 support.

Bitcoin reaches $77,000 as $250 million in shorts liquidate on 4h chart with RSI at 94.51 and MACD golden cross intact.

HYPE whale 0xa44 shorts 156,119 tokens at 10x and 1.97M LIT at 5x for $12.8M total amid $65.76 price and bullish MACD.

Whale @ICanPlug closed $96.74M BTC and ETH shorts for $1.87M profit at 74,159 BTC and 2,027 ETH amid current $74,056.92 price action.

According to @lookonchain, the 'Sold 255 BTC to short' whale closed over 270 million USD of BTC, ETH, and SOL short positions with an estimated loss of about 50 thousand USD. According to @lookonchain, the trader identified as wallet 0x94d3 initially sold 255 BTC to initiate shorts and then added new shorts totaling roughly 1,360 BTC, 36,281 ETH, and 348,215 SOL within the past 5 hours before closing. According to @lookonchain’s figures, the reported loss relative to the notional size equates to approximately 0.02 percent of exposure.

According to @lookonchain, a trader with a prior 9-win streak closed BTC and ETH short positions at a loss on Dec 4, 2025, as publicly posted on X and linked to on-chain records. source: @lookonchain on X Dec 4, 2025; source: Hyperdash trader page for address 0xfc783912f9a70a537d9ef23fb230d2c4d32d7e77 The performance flipped from 9 straight wins to 4 straight losses, with cumulative PnL moving from $2.17M in profit to a $718K drawdown. source: @lookonchain on X Dec 4, 2025; source: Hyperdash trader page for address 0xfc783912f9a70a537d9ef23fb230d2c4d32d7e77 Transaction and PnL details are viewable at legacy.hyperdash.com/trader/0xfc783912f9a70a537d9ef23fb230d2c4d32d7e77, the wallet referenced by Lookonchain. source: @lookonchain on X Dec 4, 2025; source: Hyperdash trader page These realized losses document loss-making exits of BTC and ETH shorts by this tracked account during the reported session. source: @lookonchain on X Dec 4, 2025; source: Hyperdash trader page

According to @OnchainLens, a single HyperLiquid trader is sitting on $19.51M in floating profit from high-leverage shorts, as shown by a public wallet tracker. Source: https://x.com/OnchainLens/status/1991843396084982001; https://app.coinmarketman.com/hypertracker/wallet/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 He increased his ETH short from 259 to 1,204.67 ETH (~$3.23M notional) and his SOL short from 438,868 to 462,374.2 SOL (~$57.3M notional), bringing combined short exposure to roughly $60.5M. Source: https://x.com/OnchainLens/status/1991843396084982001; https://app.coinmarketman.com/hypertracker/wallet/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1 His all-time gains on the platform rose from $18.9M to $27.8M, placing him among the strongest short-side performers on HyperLiquid. Source: https://x.com/OnchainLens/status/1991843396084982001

According to @OnchainDataNerd, whale address 0x7b7 opened three leveraged short positions within 13 hours: BTC 40x for about 149.22 million dollars at an entry near 96,065, XRP 20x for about 27.85 million dollars at an entry near 2.226, and ZEC 10x for about 21.07 million dollars at an entry near 652.9. Source: @OnchainDataNerd on X; hypurrscan.io/address/0x7b7b908c076b9784487180de92e7161c2982734e According to @OnchainDataNerd, the combined notional exposure is about 198 million dollars based on the reported figures. Source: @OnchainDataNerd on X; hypurrscan.io/address/0x7b7b908c076b9784487180de92e7161c2982734e According to @OnchainDataNerd, the positions currently show an unrealized loss of about 1 million dollars. Source: @OnchainDataNerd on X; hypurrscan.io/address/0x7b7b908c076b9784487180de92e7161c2982734e According to @OnchainDataNerd, the on-chain address for verification is hypurrscan.io/address/0x7b7b908c076b9784487180de92e7161c2982734e. Source: @OnchainDataNerd on X; hypurrscan.io/address/0x7b7b908c076b9784487180de92e7161c2982734e