According to @OnchainLens, a whale deposited $12.5 million USDC into HyperLiquid, source: @OnchainLens on X, Jan 6, 2026. According to @OnchainLens, the same address bought 10,152.8 HYPE for about $270,000 and sent the tokens for staking, source: @OnchainLens on X, Jan 6, 2026. According to @OnchainLens, the whale executed three ETH trades and realized a profit of $36,092, source: @OnchainLens on X, Jan 6, 2026. According to @OnchainLens, the address later placed an open order for a 3,500 ETH long between $3,190 and $3,215, totaling roughly $11 million notional, source: @OnchainLens on X, Jan 6, 2026. According to @OnchainLens, a wallet activity tracker link was provided for verification: app.coinmarketman.com/hypertracker/wallet/0xfb78aa8f38843629e89951d9db6fdc398d75e0a3, source: @OnchainLens on X, Jan 6, 2026.

According to @OnchainLens, a whale deposited $2.5M USDC into HyperLiquid after 5+ months and purchased 69,975 HYPE for $1.73M, leaving $765,619 USDC unspent. Source: Onchain Lens X post dated Jan 4, 2026; hyperbot.network/trader/0x8bfbb36Bf3CCF465B6E042eb8a7e0dD245405F8b. Based on these figures, the implied average fill is approximately $24.72 per HYPE and about 69.2% of the $2.5M deposit has been deployed. Source: calculation from Onchain Lens figures; hyperbot.network/trader/0x8bfbb36Bf3CCF465B6E042eb8a7e0dD245405F8b. At the same average fill, the remaining USDC could acquire roughly 31,000 HYPE, offering a reference for potential buy-side capacity rather than a prediction. Source: calculation from Onchain Lens figures; hyperbot.network/trader/0x8bfbb36Bf3CCF465B6E042eb8a7e0dD245405F8b. Traders can monitor flows at address 0x8bfbb36Bf3CCF465B6E042eb8a7e0dD245405F8b to gauge ongoing accumulation and liquidity. Source: hyperbot.network/trader/0x8bfbb36Bf3CCF465B6E042eb8a7e0dD245405F8b.

According to @OnchainLens, a single wallet deposited $3 million USDC into HyperLiquid and executed $2.78 million of buys for 108,501 HYPE at an average price of $25.63, while also holding 10,030 HYPE in staking, based on the X post dated Dec 30, 2025 and the linked wallet view at app.coinmarketman.com/hypertracker/wallet/0x4A96036FB1529561fA3eeEB2781Fad2D4F25500e. For traders, the $25.63 cost basis is an immediate reference level for potential support or resistance in HYPE order flow on HyperLiquid, grounded in the reported fill price and wallet data source: @OnchainLens and app.coinmarketman.com/hypertracker/wallet/0x4A96036FB1529561fA3eeEB2781Fad2D4F25500e. The additional 10,030 HYPE in staking indicates part of the position is not immediately tradable, modestly tightening available float from this wallet during volatility, as evidenced by the same sources @OnchainLens and the referenced wallet page.

According to @ai_9684xtpa, address 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae opened a 10x ZEC long yesterday at an average entry of USD 446.48 and now holds 22,457.57 ZEC valued around USD 11.5 million after ZEC reclaimed USD 510, showing about USD 1.48 million in unrealized profit; source: @ai_9684xtpa on X and hyperbot.network/trader/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae. The account is cited as a Top-2 ZEC long on Hyperliquid, indicating large position concentration on the venue; source: @ai_9684xtpa on X. The same account’s HYPE long is at an unrealized loss of about USD 2.3 million, leaving the overall account still in a net unrealized loss; source: @ai_9684xtpa on X and hyperbot.network/trader/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.

According to @OnchainLens, with SOL below $121, whale 0x0e4 holds a 20x SOL long showing a $5.78M unrealized loss and concurrent 20x BTC and 10x HYPE longs down about $8.5M combined, shrinking total profit from over $18M to $3M, source: x.com/OnchainLens/status/2003716140833603618 and hyperbot.network/trader/0x0e41eb80e9a39ae7b887a94f6a88f6c791e26359. According to @OnchainLens, whale 0x35d maintains a 20x SOL short with roughly $11M profit and is gradually closing it, while also running 40x BTC and 25x ETH positions with total profits above $27.7M, source: x.com/OnchainLens/status/2003716140833603618 and hyperbot.network/trader/0x35d1151ef1aab579cbb3109e69fa82f94ff5acb1.

According to @OnchainLens, whales increased HYPE ($HYPE) holdings in the last 24 hours, with wallets 0xDAe, 0x23A, and 0x330 collectively accumulating 1,026,933 HYPE valued at $27.03M. source: @OnchainLens via X on Dec 23, 2025; CoinMarketMan HyperTracker. Wallet 0xDAe accumulated 427,441 HYPE for $11.58M at an average of $27.09 over the past 2 months; wallet 0x23A accumulated 398,830 HYPE for $10.00M at $25.22 over the past 5 days; wallet nolimithodl.hl (0x330) accumulated 200,662 HYPE for $5.45M at $27.00. source: @OnchainLens via X on Dec 23, 2025; CoinMarketMan HyperTracker. The weighted average cost across these reported wallets is approximately $26.32 per HYPE, defining a reported entry band between $25.22 and $27.09 that traders can track for order-flow context. source: calculation based on figures reported by @OnchainLens; CoinMarketMan HyperTracker.

According to @lookonchain, over the past hour two additional whales deposited 5M USDC into Hyperliquid to buy HYPE; wallet 0xDAeF holds 214,497 HYPE (USD 5.44M) with USD 5.52M USDC remaining, while 0x3300 holds 102,460 HYPE (USD 2.61M) with USD 2.45M USDC remaining (source: @lookonchain). Based on those reported valuations, the combined position is 316,957 HYPE (~USD 8.05M) with USD 7.97M USDC left and an implied average entry near USD 25.4 per HYPE (source: @lookonchain); wallet pages can be verified on Hypurrscan: https://hypurrscan.io/address/0x3300eebeEA8239b90a435e403B130a853A0d7DfF and https://hypurrscan.io/address/0xDAeFE10f4A12819674aAac0A6Fd4F246771d0AC5 (source: Hypurrscan).

According to @OnchainLens, a whale liquidated for $17.94M during the 10/11 crash (totaling $25M across assets) has re-deposited $3M USDC and opened a 10x HYPE long on HyenaTrade (Source: Onchain Lens on X, Dec 22, 2025). The same wallet currently holds additional leveraged longs in BTC at 20x, ETH at 12x, HYPE at 5x, and SOL at 10x on HyenaTrade, with positions tracked on CoinMarketMan’s Hypertracker (Source: Onchain Lens on X; CoinMarketMan wallet tracker).

According to Onchain Lens, the market’s slight rebound has returned trader Machi (@machibigbrother) to profit, and he has opened a BTC 40x long alongside 10x long positions in ZEC and HYPE (source: Onchain Lens). According to Onchain Lens, his tracking dashboard indicates he still needs $23 million to break even, with positions viewable via the Hyperbot address shared by the source (source: Onchain Lens).

According to @lookonchain, a newly created wallet 0x7796 opened a 10x long on 207,497 HYPE valued at $4.72M. source: @lookonchain X post dated Dec 19, 2025 The listed liquidation price for this position is $13.681, and the position details are visible at hypurrscan.io/address/0x77961606fD79D2F4B2fDd4C666495ED1Ff26f8fc. source: hypurrscan.io and @lookonchain

According to @lookonchain, a whale labeled Anti-CZ holds a 59,733 ETH long (~$168.7M) with liquidation levels at $2,807.02 and $2,729.19, source: https://twitter.com/lookonchain/status/2001823363958989063; https://legacy.hyperdash.com/trader/0x9eec98D048D06D9CD75318FFfA3f3960e081daAb. He also holds a 565,557 HYPE long (~$12.5M) with liquidation at $22.1972, source: https://twitter.com/lookonchain/status/2001823363958989063; https://legacy.hyperdash.com/trader/0xbadbb1de95b5f333623ebece7026932fa5039ee6. The trader’s profit reportedly fell from nearly $100M to $11.4M, indicating heightened liquidation risk if ETH or HYPE price tests these thresholds, source: https://twitter.com/lookonchain/status/2001823363958989063. Traders can monitor ETH near $2,807/$2,729 and HYPE near $22.1972 for potential forced unwinds of this account, source: https://twitter.com/lookonchain/status/2001823363958989063; https://legacy.hyperdash.com.

According to Onchain Lens, HYPE traded below 22.5 and a tracked whale’s 5x long is showing an unrealized loss of roughly 22.5 million, with a liquidation level highlighted at around 20.66; source: Onchain Lens on X https://twitter.com/OnchainLens/status/2001814249887404410. According to Onchain Lens and the linked trackers, the whale deposited 2 million USDC to increase margin, shifting the reported liquidation price to approximately 20.65; sources: Onchain Lens on X https://twitter.com/OnchainLens/status/2001448310905962860, HyperBot trader page https://hyperbot.network/trader/0x082e843a431aef031264dc232693dd710aedca88, and CoinMarketMan HyperTracker wallet page https://app.coinmarketman.com/hypertracker/wallet/0x082e843a431aef031264dc232693dd710aedca88. For traders, the key levels referenced by these sources are the spot area near 22.5 and the liquidation threshold around 20.65–20.66 cited by the trackers and Onchain Lens, which define the margin status of the position; sources: Onchain Lens on X https://twitter.com/OnchainLens/status/2001814249887404410 and https://twitter.com/OnchainLens/status/2001448310905962860, HyperBot trader page https://hyperbot.network/trader/0x082e843a431aef031264dc232693dd710aedca88, CoinMarketMan HyperTracker https://app.coinmarketman.com/hypertracker/wallet/0x082e843a431aef031264dc232693dd710aedca88.

According to @lookonchain, wallet 0x5Ae4 deposited 20M USDC into Hyperliquid and placed limit buy orders for HYPE at $15, indicating active accumulation interest at that price level; source: https://twitter.com/lookonchain/status/2001463274731377038 and https://hypurrscan.io/address/0x5Ae4aC4e9148230Ca4CDdd7D55a87C4d24412098. According to @lookonchain, wallet 0xE867 deposited 10M USDC into Hyperliquid to buy more HYPE and now holds 926,488 HYPE valued at $22.4M, highlighting significant whale positioning; source: https://twitter.com/lookonchain/status/2001463274731377038 and https://hypurrscan.io/address/0xE867fbDAD3291530E41530301EcB77693850C78e. According to @lookonchain, wallet 0x23Af deposited 7.1M USDC into Hyperliquid to purchase 277,420 HYPE at $25.6, marking another large on-exchange bid; source: https://twitter.com/lookonchain/status/2001463274731377038 and https://hypurrscan.io/address/0x23AfA6c8B67F9ddA2751254e8BE260CcB950E2C0. According to @lookonchain, combined whale inflows tied to HYPE accumulation total $37.1M USDC across the three addresses on Hyperliquid, concentrating liquidity around the reported $15 and $25.6 levels; source: https://twitter.com/lookonchain/status/2001463274731377038.

According to @OnchainLens, as HYPE trades below $25, a whale holding a 5x long is sitting on an unrealized loss exceeding $19.6 million, based on the HyperBot trader page data (source: @OnchainLens; HyperBot trader page). The same source reports the whale deposited $2 million USDC to avoid liquidation, shifting the reported liquidation price to $20.65 (source: @OnchainLens; HyperBot trader page). For trading, the $20.65 liquidation level flagged by the source is the key trigger point for that wallet’s position, with $25 and $20.65 as immediate levels to monitor highlighted by the source (source: @OnchainLens; HyperBot trader page).

According to @OnchainLens, Machi deposited $149,904 USDC into HyperLiquid, opened new BTC (40x) and HYPE (10x) long positions, and increased his ETH (25x) long, with cumulative losses now exceeding $23M (source: @OnchainLens; HyperBot trader page). For traders, the use of high leverage compresses liquidation thresholds and can amplify funding and price swings in BTC, ETH, and HYPE perpetuals on HyperLiquid (source: HyperLiquid leverage and liquidation documentation).

According to @OnchainDataNerd, long whale address 0xBAD will be liquidated when HYPE reaches $25.2 and ETH reaches $2,689, as posted on Dec 16, 2025. According to @OnchainDataNerd, the address shows an unrealized loss of approximately $12.3 million. According to @OnchainDataNerd, these prices are the stated liquidation thresholds for the whale's long positions.

According to @OnchainLens, trader Machi (@machibigbrother) opened a new HYPE long position with 10x leverage, source: Onchain Lens. The account also reports he increased his ETH long to 25x with an approximate notional value of $26 million, source: Onchain Lens. @OnchainLens adds that his aggregate PnL shows more than $21 million in losses at the time of the report, source: Onchain Lens. Reference data link: hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872, source: Onchain Lens; hyperbot.network.

According to @Pentosh1, $HYPE may bounce to the $33–$34 area next, flagging a near-term price target for traders, source: @Pentosh1 on X, Dec 11, 2025. According to @Pentosh1, a clean reclaim above that zone could open significant upside continuation, providing a conditional bullish trigger level, source: @Pentosh1 on X, Dec 11, 2025. According to @Pentosh1, the last three daily candles are forming constructively, which supports the near-term setup, source: @Pentosh1 on X, Dec 11, 2025.

According to @OnchainLens, HYPE hit its lowest level since May 21 while a whale holds a 5x-leveraged long of 1.38M HYPE valued at $38M with an unrealized loss of $15.3M, source: @OnchainLens on X, Dec 9, 2025. The position’s entry is $38.67 and liquidation is $22.16, implying an approximate mark near $27.5 based on the stated valuation (1.38M HYPE valued at $38M), source: @OnchainLens on X; derived from provided figures. The address and live stats are viewable at hyperbot.network/trader/0x082e843a431aef031264dc232693dd710aedca88, source: hyperbot.network. For trading, $22.16 is the key risk level to monitor for potential liquidation of this on-chain leveraged position, source: @OnchainLens on X.

According to @OnchainLens, whale wallet nolimithodl.hl (0x330) purchased 98,739 HYPE on HyperLiquid for $2.9M USDC at an execution price of $29.37 per token, citing HyperTracker wallet data. According to @OnchainLens, wallet 0x1EC spent $1.3M USDC to increase its HYPE holdings to 97,697 valued at $2.85M and still holds $1.02M USDC for potential additional buys, citing HyperTracker. According to @OnchainLens, these flows total roughly $4.2M in recent HYPE accumulation on HyperLiquid and surface a visible reference level around $29.37 for intraday liquidity and risk management. According to @OnchainLens, traders tracking on-chain wallet activity and HyperLiquid order book depth can better gauge near-term supply-demand for HYPE.