According to @EmberCN, four aggressive crypto derivatives traders who repeatedly pyramided with floating profits via rolling positions have round-tripped from large gains to zero or even principal losses after the latest move, highlighting the drawdown risk of this approach, source: @EmberCN on X, Aug 26, 2025. The pattern reported is the same style of rolling unrealized PnL to scale up, the same process of achieving huge gains through compounding, and the same outcome of giving back all profits, which is directly relevant for leverage risk assessment on perpetual futures, source: @EmberCN on X, Aug 26, 2025. For execution, the case indicates traders should prioritize partial profit-taking and de-leveraging into volatility instead of continuously compounding with unrealized gains to mitigate tail-risk of equity wipeouts, source: @EmberCN on X, Aug 26, 2025. The post discloses sponsorship by Bitget, providing context for derivatives participants reviewing platform risk disclosures and leverage settings, source: @EmberCN on X, Aug 26, 2025.

According to @KookCapitalLLC, Hyperliquid’s daily perpetual futures trading volume rose from about $2 million pre-launch to about $6 million after Coinbase and Robinhood introduced their perps, a roughly 3x increase (source: @KookCapitalLLC on X, Aug 25, 2025). According to @KookCapitalLLC, this indicates the Coinbase and Robinhood perpetuals acted as customer education and acquisition funnels for Hyperliquid rather than reducing its flows (source: @KookCapitalLLC). According to @KookCapitalLLC, the volume change is the key datapoint for traders tracking DEX perp market share and liquidity shifts (source: @KookCapitalLLC).

According to @EmberCN, ETH briefly fell below $4,658, triggering liquidation on a large ETH long position held by a trader known as Rolling Position Bro, source: @EmberCN. The trader’s unrealized profit dropped from $5.5M to $1.13M following the drawdown, source: @EmberCN. After liquidation and position reduction, the account still holds 14,600 ETH longs valued at $67.7M, source: @EmberCN. The current liquidation price for this remaining position is $4,608 for this account, source: @EmberCN. The trader previously grew capital from $740K to over $6M before the reversal, highlighting significant leverage exposure, source: @EmberCN.

According to @OnchainLens, a whale deposited $2.99M USDC into HyperLiquid to increase its 3x leveraged long position on $XPL (source: @OnchainLens). At 3x leverage, $2.99M in margin corresponds to approximately $8.97M in additional long notional exposure if fully utilized (source: @OnchainLens). The post indicates this was a further deposit, signaling continued capital allocation toward the existing $XPL long on HyperLiquid (source: @OnchainLens). No entry price, liquidation levels, funding rate, or open interest metrics were provided in the post (source: @OnchainLens).

According to @OnchainLens, a whale deposited $1.95M USDC into HyperLiquid to increase a 25x leveraged ETH short position. Source: @OnchainLens. The position showed a floating profit of $800K with total ETH short exposure valued at $76M at the reported time. Source: @OnchainLens.

According to @OnchainLens, a whale address deposited $4.99 million USDC to Hyperliquid and opened a 3x leveraged long position in XPL perpetuals, with the activity visible on the referenced Hypurrscan address page (source: @OnchainLens; Hypurrscan). This establishes leveraged long exposure to XPL on Hyperliquid and is verifiable via the on-chain explorer for traders conducting due diligence (source: @OnchainLens; Hypurrscan).

According to @OnchainLens, HyperliquidX launched WLFI perpetual trading yesterday, and wallet 0x9cb, known as AndreIsBack on DeBank VIP, opened a 3x leveraged short on WLFI that was showing about $640,000 in floating profit at the time of reporting (source: @OnchainLens). Based on this snapshot, short-side positions were in profit, indicating WLFI traded below the whale’s entry during early perps activity and signaling near-term downside pressure from larger players at that moment (source: @OnchainLens). @OnchainLens also noted that some participants are making money while others are losing, underscoring elevated volatility and directional risk around the WLFI-Perp launch on HyperliquidX (source: @OnchainLens).

According to @EmberCN, a large leveraged position on Hyperliquid had a liquidation price of 4,666.6 dollars and narrowly avoided liquidation as the platform low printed 4,667.5 dollars, leaving a 0.9 dollar buffer, source: @EmberCN. According to @EmberCN, the trader did not reduce the position during the drawdown and is currently showing an unrealized profit of 3.02 million dollars, source: @EmberCN. Based on @EmberCN's report, traders should note that Hyperliquid price lows can test liquidation thresholds within sub-dollar ranges during volatility and consider maintaining wider liquidation buffers and monitoring exchange-specific lows, source: @EmberCN.

According to @EmberCN, as ETH broke to a new high, a trader using a rolling long strategy compounded equity from $740,000 to $6.16 million with about $5.5 million in unrealized profit (source: @EmberCN). According to @EmberCN, the trader repeatedly added with unrealized gains, expanding the position from 4,000 ETH to 25,100 ETH with an estimated notional value of roughly $120 million (source: @EmberCN). According to @EmberCN, this profit-compounding leverage approach drives large PnL swings during the breakout (source: @EmberCN).

According to @ai_9684xtpa, a wallet deposited 33,000 USDC as margin on Hyperliquid roughly 40 minutes prior and opened a $XPL 3x short position of 20,000 tokens at an entry price of $0.5768 (source: https://twitter.com/ai_9684xtpa/status/1959047810466394566). The source also characterized the position as relatively small for the account at present (source: https://twitter.com/ai_9684xtpa/status/1959047810466394566). For traders, the disclosed leverage, size, and entry form concrete reference levels when managing XPL perpetual risk on Hyperliquid (source: https://twitter.com/ai_9684xtpa/status/1959047810466394566).

According to @phantom, users can trade perpetual futures directly inside the Phantom app with a three-step flow: add funds, pick a market, and open a position. Source: Phantom on X, Aug 21, 2025. The post highlights an in-app, streamlined path for executing crypto derivatives trades with minimal taps. Source: Phantom on X, Aug 21, 2025.

According to @GracyBitget, Bitget announced an RWA Index Perpetual contract as a first step toward enabling crypto to trade real-world assets, indicating a derivatives push focused on RWA exposure; source: @GracyBitget. The post confirms the existence of an RWA Index Perp but does not disclose contract specifications, index composition, or launch timing; source: @GracyBitget. The announcement frames RWA as a strategic direction for Bitget’s derivatives lineup and positions the instrument as foundational for RWA-focused trading on the exchange; source: @GracyBitget. The author also states a longer-term view that crypto might replace small sovereign currencies, framing the product as groundwork toward that vision; source: @GracyBitget.

According to @EmberCN, a trader who rolled an ETH long from $125,000 to $6.99 million capitulated about 30 minutes ago after multiple liquidations and closed with a realized loss of $6.21 million, source: @EmberCN. The long campaign started two afternoons ago around an ETH price of $4,304, initially profitable before the trader kept compounding unrealized gains, source: @EmberCN. Position size was ramped to roughly $146 million notional, and higher leverage raised the liquidation price, contributing to repeated liquidations, source: @EmberCN. This case underscores the elevated blow-up risk of overleveraged ETH futures longs during volatility and the hazards of rolling profits into higher leverage, source: @EmberCN.

According to @EauDoon, ETH funding rates are rising and longing ETH via perpetuals risks losses, while providing liquidity to the weETH/ETH pool on SushiSwap and Katana offers a spot-based alternative (source: @EauDoon on X, Aug 18, 2025). He frames the choice as avoiding funding costs on leveraged longs versus staying in spot through LP during elevated funding regimes in ETH markets (source: @EauDoon on X, Aug 18, 2025). For trading decisions, the post directs attention to comparing perp funding outlays with the risk-reward of weETH/ETH liquidity provision on named venues (source: @EauDoon on X, Aug 18, 2025).

According to @lookonchain, a trader turned an initial $125K deposit on Hyperliquid into $29.6M in roughly four months by repeatedly going long ETH across two accounts and compounding profits, achieving a 236x return (Source: @lookonchain on X, Aug 17, 2025). The post specifies that the trader rolled every dollar of profit into subsequent ETH long positions, indicating a concentrated, long-only strategy on Hyperliquid (Source: @lookonchain on X, Aug 17, 2025). The post does not disclose leverage size, entry levels, or liquidation thresholds, limiting assessment of replication risk and trade sizing for other market participants (Source: @lookonchain on X, Aug 17, 2025).

According to @lookonchain, a trader deposited $125K on Hyperliquid four months ago and went long ETH via two accounts, compounding by rolling every dollar of profits into larger positions. According to @lookonchain, the accounts grew to $29.6M over the four-month period, equating to about a 236x return driven by sustained long exposure to ETH.

According to @ai_9684xtpa, a trader currently holds a 25x ETH long showing an unrealized loss of $2.08M and a 40x BTC long showing an unrealized profit of $78K, with total position value around $110M, source: @ai_9684xtpa. According to @ai_9684xtpa, cumulative funding fees paid have reached $133K, indicating a net funding outflow from the long side over the period, source: @ai_9684xtpa. Based on those figures, the combined PnL including funding is approximately -$2.135M, which reduces available margin on high-leverage perpetual positions, source: @ai_9684xtpa and Binance Futures documentation. Using the source numbers, funding paid is roughly 0.12% of reported position notional ($133K on $110M), which can be material for short-horizon trading, source: @ai_9684xtpa.

According to dYdX Foundation, CEO Charles d'Haussy discussed dYdX's evolution from its early days to a leader in decentralized derivatives on Sygnum's The Crypto Explorer, providing official context for the protocol’s market positioning (source: dYdX Foundation X post dated Aug 15, 2025). According to dYdX Foundation, the episode specifically explores the decision to build a dedicated L1 blockchain for the dYdX ecosystem, highlighting chain-level design as a core focus for derivatives trading infrastructure (source: dYdX Foundation X post dated Aug 15, 2025). According to dYdX Foundation, this disclosure outlines strategic priorities directly relevant to traders tracking DYDX and decentralized perpetuals execution on the platform (source: dYdX Foundation X post dated Aug 15, 2025).

According to @adriannewman21, there were many liquidations in the bros perpetual futures market, highlighting forced closures across leveraged positions. source: https://twitter.com/adriannewman21/status/1956016284862439822 In crypto perpetual futures, liquidations occur when an account’s margin falls below maintenance requirements and positions are auto-closed, often clustering during sharp price moves and high leverage conditions that can amplify short-term volatility. source: Binance Academy, What Are Liquidations in Crypto Futures During liquidation waves, traders typically monitor funding rates and open interest as leading risk gauges for squeeze potential and directional imbalances. source: Binance Academy, Funding Rate Explained

According to @CoinbaseIntExch, Deribit has been welcomed to the Coinbase family, with the post emphasizing Perps + Options = Next-Level Trading, indicating a combined derivatives focus for traders, source: @CoinbaseIntExch on X, Aug 14, 2025. According to @CoinbaseIntExch, the announcement includes a link for further details but provides no additional specifics in the post itself, source: @CoinbaseIntExch on X, Aug 14, 2025.