According to @EmberCN, a trader began rolling an ETH long from 2,840 with 500,000 dollars, saw equity peak at 3.34 million dollars when ETH hit 3,200, but the raised liquidation price to 3,000 led to two liquidations after ETH dipped below 3,000, cutting equity to 730,000 dollars and leaving the remaining position within 42 dollars of liquidation, source: @EmberCN on X; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. The same trader later redeployed 500,000 dollars at a 2,910 average long, with equity rising to 2.04 million dollars and profit at 1.54 million dollars as ETH reclaimed above 3,000, with a liquidation price at 2,881, source: @EmberCN on X; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872. Last week, the trader ran 1.00 million dollars to 2.08 million dollars but lost gains when ETH fell from 3,000 to 2,700, highlighting tight liquidation buffers on high leverage, source: @EmberCN on X; hyperbot.network/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872.

According to @dydxfoundation, an on-chain governance vote on the dYdX Chain Software Upgrade v9.5 is live and will close on Dec 7, 2025 at 08:28 UTC, providing a clear timeline for traders to manage DYDX exposure around the deadline, source: dYdX Foundation on X, Dec 5, 2025. Proposal 323 on Mintscan confirms the vote is open and lists the official voting window and on-chain details for validators and token holders, which traders can track for participation and outcome signals, source: Mintscan dYdX Proposal 323.

According to @PolynomialFi, Polynomial has launched Basis Trade, letting users deposit ETH or BTC, short the matching perpetual at 1x, and earn funding rates on top of base yield, source: @PolynomialFi. The product dashboard shows weighted returns, compares eligible assets, and supports precise position sizing for the strategy, source: @PolynomialFi. This rollout provides a structured path to execute the described basis trade and capture funding on ETH or BTC using 1x perp shorts, source: @PolynomialFi.

According to @OnchainLens, using Hyperbotai data, a high-performing ETH perpetual futures whale continues to hold a 7x leveraged long totaling 20,955 ETH with a reported notional value of $66.1M (source: @OnchainLens; data: Hyperbotai). The position shows $4.04M in unrealized profit and carries a stated liquidation price at $2,703.89, indicating the trade remains active at this leverage level (source: @OnchainLens; data: Hyperbotai).

According to @charlesdhaussy, Binance Blockchain Week Dubai filled the Coca-Cola Arena and featured extensive discussions on perpetuals markets, with peers acknowledging dYdX’s (DYDX) recent volume and fee trajectory, indicating strong sector focus on derivatives activity (source: @charlesdhaussy on X, Dec 4, 2025). For traders tracking DYDX, the reported recognition of rising volumes and fees underscores market attention to derivatives liquidity and protocol revenue signals at the event (source: @charlesdhaussy on X, Dec 4, 2025).

According to @ai_9684xtpa, ETH pushed above 3,200 USD as high-frequency perps trader 0xa43...57d28 remains long 19,628.65 ETH valued at roughly 63.22M USD with an average entry of 2,950.23 USD. Source: x.com/ai_9684xtpa/status/1996415172370698464; hyperbot.network/trader/0xa43d75213160AFF6db3b9761Dd5AC4FB4fA57D28. According to @ai_9684xtpa, the unrealized profit on this ETH long is about 5.28M USD, fully offsetting losses from 17 trades over the past three days. Source: x.com/ai_9684xtpa/status/1996415172370698464; hyperbot.network/trader/0xa43d75213160AFF6db3b9761Dd5AC4FB4fA57D28. According to @ai_9684xtpa, the address is currently among the Top-2 ETH long positions on Hyperliquid, highlighting concentrated long-side exposure as ETH reclaims the 3,200 USD level. Source: x.com/ai_9684xtpa/status/1996415172370698464; hyperbot.network/trader/0xa43d75213160AFF6db3b9761Dd5AC4FB4fA57D28.

According to the source, an X post dated Dec 3, 2025 states that Binance co-founder Yi He will become co-CEO of the exchange (source: X post, Dec 3, 2025). For trading, focus on BNB spot and perpetual markets, as BNB is Binance’s native ecosystem token (source: Binance.com). Check Binance’s official announcements for confirmation and timing to determine material market impact (source: Binance announcements).

According to @OnchainLens, a whale deposited 4.49 million USDC into HyperLiquid to increase a 10x leveraged ZEC long and still has an open order to add to the position, source: @OnchainLens on X dated Dec 3, 2025; hyperbot.network/trader/0x9C89f595F5515609AD61f6FDa94beff85ae6600e. The same account also holds 20x ETH and 5x DYDX long positions, shows a 1.29 million dollar floating loss, and is down 2.7 million dollars overall, source: @OnchainLens on X dated Dec 3, 2025; hyperbot.network/trader/0x9C89f595F5515609AD61f6FDa94beff85ae6600e.

According to @dydxfoundation, a governance-approved fee holiday is in effect on dYdX’s BTC and SOL markets for December. According to @dydxfoundation, SOL is once again overtaking ETH in trading volume on dYdX following this fee policy. According to @dydxfoundation, the initiative is framed as a real-time market structure experiment showing how targeted fee policy can shift activity toward the deepest, most active venues. According to @dydxfoundation, traders can monitor the high-activity BTC and SOL markets and explore live markets at dydx.trade during the December fee holiday.

According to @charlesdhaussy, he will attend Binance Blockchain Week Dubai representing the dYdX Foundation and share insights from Arabian Crypto - UAE, with stated discussion topics including institutional DeFi, the UAE’s crypto playbook, and how perpetuals are reshaping markets; these are directly relevant to DYDX and DeFi derivatives trading. Source: @charlesdhaussy on X, Dec 2, 2025. These stated priorities frame near-term discussion for DYDX ecosystem positioning, DeFi perpetuals market structure, and institutional adoption narratives in the UAE market. Source: @charlesdhaussy on X, Dec 2, 2025.

According to @OnchainLens, a newly created wallet deposited $3.448M USDC into HyperLiquid and opened a BTC short with 20x leverage. According to @OnchainLens, the short position is valued at $38.6M with an entry price of $86,373.6 and a liquidation price of $92,885.8. Based on the levels reported by @OnchainLens, the liquidation threshold sits roughly 7.5% above the entry, marking $92,885.8 as a key upside risk level for BTC short-term traders. Using the data from @OnchainLens, traders can monitor BTC price action around $86,373.6 (entry) and $92,885.8 (liquidation) on HyperLiquid for potential position stress.

According to @OnchainLens, BTC fell below 85,000 USD as a whale dubbed The Ultimate Bear holds a 20x short with over 30 million USD unrealized profit and more than 9.4 million USD earned from funding, source @OnchainLens. The trader has already realized 17.23 million USD on this position and is up over 60 million USD in total profit, source @OnchainLens.

According to @OnchainLens, a whale deposited 7M USDC into HyperLiquid in the past 24 hours and opened a HYPE long with 5x leverage, source: @OnchainLens on X Dec 1, 2025; hyperbot.network/trader/0xBd8c75A0f55B5Dc4Df64297d6f67626E247D971d. The position is currently valued at 24M with an entry price of 31.9 and a liquidation price of 22.16, showing an unrealized loss of about 1.9M, source: @OnchainLens; hyperbot.network/trader/0xBd8c75A0f55B5Dc4Df64297d6f67626E247D971d.

According to @Flavio_leMec, trading perpetuals on Infinex is "wild" in the current market environment (source: @Flavio_leMec on X, Dec 1, 2025). According to @Flavio_leMec, the platform's crate opening feature is "fire," signaling strong user praise for that experience (source: @Flavio_leMec on X, Dec 1, 2025).

According to @OnchainLens, a whale deposited $3M USDC into HyperLiquid and opened a 10x leveraged long position in HYPE (source: @OnchainLens). The position is currently valued at $19M and continues to grow, highlighting significant leveraged exposure in HYPE on HyperLiquid (source: @OnchainLens). The reported wallet for verification is 0x46DB0650645f7c9a29783c89171a62240CCc35cF as referenced via Arkham Intel (source: Arkham Intel; @OnchainLens).

According to Onchain Lens, $MON crashed and triggered multiple whale liquidations on HyperLiquid. source: Onchain Lens on X Nov 30, 2025 Wallet 0xccb was liquidated for $1.9M on HyperLiquid after previously being up over $2M on $MON. source: Onchain Lens on X Nov 30, 2025; CoinMarketMan HyperTracker wallet 0xccb56f9cba0138bb9cb8f6a6ad290a6ea9879b46 app.coinmarketman.com/hypertracker/wallet/0xccb56f9cba0138bb9cb8f6a6ad290a6ea9879b46 Wallet 0x549 was liquidated for $1.33M and is down $4.17M overall. source: Onchain Lens on X Nov 30, 2025; CoinMarketMan HyperTracker wallet 0x549e6dd8453ed87fccdcf4f8b37162b10edc0533 app.coinmarketman.com/hypertracker/wallet/0x549e6dd8453ed87fccdcf4f8b37162b10edc0533

According to @ai_9684xtpa, a trader nicknamed 1011 开空内幕大佬 closed a 5,000 ETH 5x short roughly six hours after opening it, realizing about $55,000 in profit and exiting around 03:00 with a closing price of $2,989.85, source: X account @ai_9684xtpa. Based on the reported 5,000 ETH size and the stated close price, the position notional was roughly $15.0 million, source: X account @ai_9684xtpa. The account’s 10.83 million USDC collateral remains in the perpetuals margin wallet with no confirmation of new positions, source: X account @ai_9684xtpa and hyperbot.network trader page for address 0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae.

According to dYdX Foundation on X on Nov 28, 2025, on-chain markets are hitting all-time highs driven by rising demand for transparency and self-custody. According to dYdX Foundation on X on Nov 28, 2025, major traditional finance institutions are beginning to integrate perpetual-style products. According to dYdX Foundation on X on Nov 28, 2025, this convergence signals a structural shift in market architecture that is reshaping how participants access leverage and liquidity.

According to @cas_abbe, ASTER open interest is spiking while the funding rate remains positive, indicating a long-heavy positioning that risks a market-maker flush in the near term (source: @cas_abbe on X). According to @cas_abbe, @Aster_DEX has paused buybacks and plans to resume them on December 5, while reporting roughly $1.7M in daily fees that would support seven-figure daily buybacks once restarted (source: @cas_abbe on X). According to @cas_abbe, a trading approach of dollar-cost averaging on dips and avoiding leverage is preferred ahead of the restart, with the author asserting potential outperformance after buybacks resume (source: @cas_abbe on X).

According to @EvanWeb3, the user posted the remark This guy perps while linking to an X post by @0xairtx on November 27, 2025, implying the referenced party trades crypto perpetual futures, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980. The cited post provides no details on asset, direction, size, exchange, or timing, so it does not constitute a verifiable trading signal, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980. Given the absence of trade specifics in the source, traders should avoid initiating positions based solely on this mention and wait for corroborating disclosures or data, source: https://twitter.com/EvanWeb3/status/1993880638269870554. Actionable next step is to monitor the linked threads for any follow-up with concrete parameters that could inform funding, open interest, or spread dynamics, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980.