According to @OnchainLens, trader machismallbrother closed a 10x ETH long with a realized loss of 1.55 million dollars, confirmed by the linked hyperbot.network trader page, source: @OnchainLens and hyperbot.network. According to @OnchainLens, Machi machibigbrother is still holding a 25x ETH long showing a floating loss of 2.3 million dollars and is close to liquidation as indicated on the linked hyperbot.network page, source: @OnchainLens and hyperbot.network.

According to @OnchainLens, an unknown whale opened a 25x ETH long and the two related wallets now show a combined floating loss of 3.37 million dollars. Source: Onchain Lens on X, Nov 14, 2025, x.com/OnchainLens/status/1989145038790840740. The wallets 0x95815F5bfF16EB361Dab6AD6a5535698114a0605 and 0x93c841b243178bb0584d9d688b7f6cd5143c5a5e can be tracked in real time on hyperbot.network to monitor position changes and potential de-risking. Source: hyperbot.network/trader/0x95815F5bfF16EB361Dab6AD6a5535698114a0605 and hyperbot.network/trader/0x93c841b243178bb0584d9d688b7f6cd5143c5a5e. High leverage at 25x typically has a narrow margin buffer on major perpetual futures venues, increasing the likelihood of rapid liquidation during sharp ETH moves, so traders often monitor such whale positions closely. Source: Binance Futures education on leverage and liquidation risk.

According to dYdX Foundation, the community has passed Proposal 312 to upgrade the FARTCOIN-USD market from isolated margin to cross margin, signaling a change in how collateral and risk are managed for this pair. Source: dYdX Foundation on Twitter and dYdX Chain governance via Mintscan Proposal 312. This upgrade moves FARTCOIN-USD to account-level cross margining rather than position-level isolated margin, altering margin allocation and liquidation mechanics for traders of this market. Source: dYdX Docs on margin and risk. On dYdX, cross margin shares collateral and risk across open positions and determines liquidation based on total account equity rather than a single position, which directly affects leverage, drawdown tolerance, and portfolio-level risk. Source: dYdX Docs on cross margin and liquidation. Traders active in FARTCOIN-USD should reassess leverage, hedges, and stop-loss placement to account for cross-collateral effects once the change takes effect, aligning risk controls with account-equity-based liquidation. Source: dYdX Docs and dYdX Foundation governance announcement.

According to @PeckShieldAlert, several Euler Finance curated vaults are at 100% utilization on Ethereum, as shown on app.euler.finance, signaling that all supplied liquidity is currently borrowed in those markets. Source: @PeckShieldAlert; app.euler.finance At 100% utilization, withdrawals may be unavailable until borrowers repay or new deposits arrive, and variable borrow and supply rates move to the top end of Euler’s utilization curve. Source: Euler Finance documentation For traders, this setup can temporarily boost supply APY for new liquidity providers and sharply raise funding costs for borrowers, heightening sensitivity to collateral drawdowns and potential liquidations. Source: Euler Finance documentation Monitor utilization, borrow and supply APY, and on-chain liquidation activity on the Euler dashboard to gauge market stress and possible spillovers to related assets and the EUL token. Source: app.euler.finance

According to @EmberCN, a large Hyperliquid trader won 14 consecutive high-size entries, banking $15.83M, but then lost $44.67M on the 15th trade, wiping out prior profits plus $28.76M principal (source: @EmberCN, hyperbot.network/trader/0xc2a30212a8ddac9e123944d6e29faddce994e5f2). According to @EmberCN, the trader fully closed all positions roughly three hours prior to the report and was left with only $1.40M margin, effectively near zero equity for active perps trading (source: @EmberCN). According to @EmberCN, the reported balances imply an approximate 97% drawdown versus the pre-loss equity of about $44.59M, underscoring how a single uncontained loss can erase multi-trade gains in crypto perpetuals (source: @EmberCN). According to @EmberCN, this case highlights the risk-of-ruin from oversized positions on decentralized perps venues like Hyperliquid, where aggressive exposure can rapidly convert long winning streaks into total capital impairment (source: @EmberCN).

According to @EmberCN, a whale trader’s ETH and SOL long positions are now roughly 4% away from liquidation, with ETH liquidation set at $3,333 and SOL at $148 (source: @EmberCN). According to @EmberCN, the same address previously booked $15.83M across 14 consecutive winning large entries but is now showing a total drawdown of $40.40M after reversing direction (source: @EmberCN). According to @EmberCN, the trader metrics and liquidation thresholds are referenced via HyperBot’s tracked profile for the address 0xc2a30212a8ddac9e123944d6e29faddce994e5f2 (source: @EmberCN).

According to @EmberCN on X, the ETH whale nemorino.eth sold 8,000 ETH at $3,609 after the overnight drop and repaid $24.83 million in USDC borrowings on Aave, fully removing leverage and realizing a $7.58 million profit (+98%). According to @EmberCN on X, the trader accumulated 10,914 ETH at a $2,946 average from May to October using looping loans starting with $7.7 million USDC. According to @EmberCN on X, the exit was motivated by concern over liquidation risk amid further downside. According to the DeBank wallet page for 0x8aecc5526f92a46718f8e68516d22038d8670e0d, the address activity aligns with the reported de-leveraging and Aave repayments.

According to @Ashcryptoreal, a whale previously described as having a 100% win rate is down $39.7 million over the past week (Source: @Ashcryptoreal, Twitter, Nov 3, 2025). The post states there is absolutely no mercy on bulls right now, indicating heightened pressure on long-side traders in the crypto market (Source: @Ashcryptoreal, Twitter, Nov 3, 2025). No individual tokens, venues, or trade details were disclosed, making this a broad risk signal rather than asset-specific guidance (Source: @Ashcryptoreal, Twitter, Nov 3, 2025).

According to @ai_9684xtpa, wallet 0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2 holds BTC and ETH longs totaling about 340M dollars on Hyperliquid, with a reported 12 wins since Oct 14 and a prior 140M BTC short win, signaling a dominant long-side bias among tracked whales, source: https://x.com/ai_9684xtpa/status/1982722120196215010 and https://x.com/ai_9684xtpa/status/1981517913237704752. According to @ai_9684xtpa, wallet 0x960BB18454CD67B5a3Edb4Fa802B7C0B5b10e2Ee added BTC and ETH longs totaling 36.78M dollars, identified as following the 100 percent win-rate whale, source: https://x.com/ai_9684xtpa/status/1982650970569080951. According to @ai_9684xtpa, wallet 0xb9feE4502dE61504E5e6E69faa74Df7f0Ed6d365 is holding a 25x ETH long with 59.78M dollars remaining and is actively scaling out via resting orders, source: https://x.com/ai_9684xtpa/status/1982614277065474524. According to @ai_9684xtpa, on the short side wallet 0xdDc7E50a83710f9c62eFB558bcD0f640314aE2F8 has a 40x BTC short totaling 77.2M dollars, source: https://x.com/ai_9684xtpa/status/1981889369368936505. According to @ai_9684xtpa, wallet 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7 is holding a 20x BTC short totaling 137M dollars and is cited as the top BTC short on Hyperliquid, source: https://x.com/ai_9684xtpa/status/1982707662434553888 and https://x.com/ai_9684xtpa/status/1980618538298818575. According to @ai_9684xtpa, the highlighted wallets reflect roughly 436.56M dollars of reported longs versus 214.2M dollars of reported shorts among these addresses, implying elevated sensitivity of BTC and ETH to liquidation cascades if trend reversals occur given 25x to 40x leverage, source: aggregate of the above X posts dated Oct 27, 2025: https://x.com/ai_9684xtpa/status/1982722120196215010.

According to @lookonchain, a sharp crash in ENA triggered forced liquidations that wiped out a single whale across two wallets, resulting in a total realized loss of 2.91 million dollars; source: Lookonchain on X, 22 Oct 2025, https://x.com/lookonchain/status/1981037644013621428.

According to @OnchainLens, Machi deposited $200K USDC into HyperLiquid to avoid liquidation and increased his 25x ETH long to 2,500 ETH, source: @OnchainLens on X (Oct 22, 2025) and the HyperBot trader dashboard referenced. He also closed his 10x HYPE long at a $123K realized loss, bringing his total PnL to -$13.5M, source: @OnchainLens on X (Oct 22, 2025) and the HyperBot trader dashboard referenced.

According to @CryptoMichNL, avoiding leverage on altcoins limited his drawdown during the recent crash because altcoins are inherently high-volatility, making added leverage unnecessary and risky (source: @CryptoMichNL on X, Oct 21, 2025). He advises traders to favor spot positions on altcoins and, if using leverage at all, deploy it to reduce net risk exposure rather than to amplify it (source: @CryptoMichNL on X, Oct 21, 2025). For execution, this implies prioritizing spot entries and using modest hedges to cap downside and avoid forced liquidations on volatile pairs (source: @CryptoMichNL on X, Oct 21, 2025).

According to @ai_9684xtpa, a Hyperliquid trader known as Maji went from a $44M account profit on Sept 19 to a $53.62M loss over the past month, effectively giving back all gains, with losses concentrated in ETH and XPL long positions (source: @ai_9684xtpa on X, Oct 15, 2025; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872). The trader currently holds an $8.79M ETH 25x long that is just $61.5 from the liquidation price with a $120k unrealized loss, indicating elevated liquidation risk on that position (source: @ai_9684xtpa on X, Oct 15, 2025; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872).

According to the source, independent coverage requires a primary announcement from Myriad; traders should secure official documentation before execution to meet risk governance best practices (source: CFTC Staff Advisory on Digital Asset Derivatives; IOSCO Decentralized Finance report). Verify the sentiment index and oracle design—provider, update cadence, manipulation resistance, and failover—because oracle weaknesses are a primary failure vector in DeFi derivatives (source: Chainlink Whitepaper 2.0; UMA Optimistic Oracle docs). Review funding-rate mechanics, clamp limits, and the insurance fund to gauge liquidation cascades and long-short balance (source: dYdX v4 risk parameters; Perpetual Protocol documentation). Confirm audited contracts, canonical addresses, collateral rules, and monitor TVL and volumes to assess market depth before position sizing (source: Trail of Bits DeFi Security report; DeFiLlama methodology).

According to @rovercrc, the same whale who reportedly made $192M by shorting ahead of Trump’s tariff announcement has opened another $160M Bitcoin (BTC) short position; this claim is based on a social post without attached transaction proofs. Source: @rovercrc. Because the post does not provide independent verification such as on-chain transaction IDs or exchange position data, traders should treat the flow as unverified until corroborated by derivatives or on-chain analytics. Source: @rovercrc; CME Group education on futures due diligence. Large directional positions can influence funding rates, skew open interest, and elevate liquidation risk when price moves against the crowded side, which traders typically monitor via funding flips and liquidation heatmaps. Source: Binance Futures Education Center. Near term, traders may track BTC open interest changes, funding rate direction, and order book liquidity gaps to assess whether the reported short is impacting price action before positioning. Source: Binance Futures Education Center; CME Group education.

According to @JasonSoraVC, BlackRock bought 45,000 BTC at an average price of $105,000 during the flash crash, implying a large institutional bid on the dip (source: @JasonSoraVC). According to @JasonSoraVC, the author believes this buying likely prevented a cascade of liquidations and a breakdown below the $100,000 level (source: @JasonSoraVC). According to @JasonSoraVC, the stated 45,000 BTC at $105,000 implies $4.725 billion notional, indicating the $5 billion figure is a rounded estimate based on the figures provided (source: @JasonSoraVC). Traders seeking confirmation should monitor iShares Bitcoin Trust (IBIT) daily creations/redemptions and any related disclosures, according to BlackRock and the SEC’s standard reporting channels (source: BlackRock IBIT disclosures; SEC EDGAR). For trade setup, focus on whether $100,000 holds as support and if buy interest reappears near $105,000 where the author indicates bids occurred, according to @JasonSoraVC (source: @JasonSoraVC).

According to @paoloardoino, USDT is the best collateral for derivatives and margin trading because it is liquid and tested by fire, emphasizing stablecoin liquidity for margin risk management. Source: @paoloardoino on X, Oct 12, 2025. He warns that using low-liquidity tokens as collateral can create stress when markets move, highlighting liquidation and slippage risks during volatility. Source: @paoloardoino on X, Oct 12, 2025.

According to @ai_9684xtpa, a leveraged ETH buyer who entered on Sep 9 at an average of $4,396.5 sold 3,443 ETH at a $3,754 average over the past 6 hours for roughly $12.92 million, realizing about $2.212 million in losses, with the remaining Sep 9 ETH still showing an unrealized loss of about $3.122 million, source: @ai_9684xtpa. The wallet 0xc26b5977c42c4fa2dd41750f8658f6bd2b67869c currently has 13,000 ETH posted as collateral on Aave and $34.19 million in stablecoin debt with a health factor of 1.2, indicating elevated leverage, source: DeBank and @ai_9684xtpa. Aave documentation states positions are liquidated when the health factor falls to 1.0 or below, implying further ETH price declines could force additional deleveraging or trigger liquidations from this address, source: Aave Docs. Traders can monitor this wallet’s health factor and ETH order flow for potential sell pressure tied to on-chain leverage unwinds, source: DeBank and Aave Docs.

According to @OnchainLens, over the past three days a whale deposited $23M USDC into HyperLiquid to avoid liquidation on a 20x BTC short position valued at $249M. Source: Onchain Lens on X. The position currently shows a $21.5M unrealized loss but has received $7M in funding payments during the market rebound. Source: Onchain Lens on X. The position reference and wallet tracking are cited via the CoinMarketMan HyperTracker page mentioned by @OnchainLens. Source: CoinMarketMan HyperTracker.

According to @milesdeutscher, only use perps when you need capital efficiency or when you are hedging or farming; otherwise, stick to spot for cleaner carry. Source: @milesdeutscher on X, Sep 29, 2025. He warns that if you plan to hold a position for more than a week, especially a consensus trade, funding will erode returns on perps, making spot more cost-effective for swing holds. Source: @milesdeutscher on X, Sep 29, 2025. He adds that roughly 90% of perp setups should be long continuation or strength trades, highlighting how perps fit best with momentum rather than slow, crowded swings. Source: @milesdeutscher on X, Sep 29, 2025. He emphasizes spot’s no-liquidation benefit, noting it’s easier to sleep at night versus the liquidation risk embedded in leveraged perps; he is not anti-perps, but says they require a real edge and should not replace spot without a good reason. Source: @milesdeutscher on X, Sep 29, 2025.