According to Lookonchain, wallet 0xD835 opened a new 40x short on 323 BTC with $30M notional on Hyperliquid, signaling an aggressive high-leverage stance, source: Lookonchain. According to Lookonchain, the same trader’s ETH short currently shows over $1.83M in unrealized profit, source: Lookonchain. According to Lookonchain, three days earlier the trader deposited 3M USDC into Hyperliquid and used maximum leverage to short 18,261 ETH worth $60.32M and 1,845 XMR worth $1.27M, source: Lookonchain. According to Lookonchain, the ETH short liquidation price is $3,380, which defines the key risk threshold for the position, source: Lookonchain.

According to @OnchainLens on X (Aug 29, 2025), James Wynn closed his DOGE 10x long position with a realized profit of $2,835 and opened a small BTC short position with 40x leverage, as reported in their post. According to @OnchainLens on X (Aug 29, 2025), this update reflects a rotation from DOGE long exposure to BTC short exposure at higher leverage, with all figures and position details sourced directly from the same post.

According to @EmberCN, a major insider trader has transferred an additional $2 million USDC into Hyperliquid after partial liquidation, increasing his 40x short Bitcoin position back to $101 million with an entry price of $108,618 and a liquidation price at $110,780 (source: @EmberCN on Twitter, May 21, 2025). This aggressive leverage signals heightened bearish sentiment and could intensify volatility in the BTC/USDT perpetual markets. The whale's high-risk strategy is closely watched by traders, as liquidation events of this size can trigger sharp short squeezes and sudden price movements across the broader crypto derivatives market.