According to @phantom, two new perpetual futures markets, COIN-USD and HOOD-USD, are now live for trading. Source: Phantom on X, Dec 2, 2025. Traders can go long or short on these perps with up to 10x leverage. Source: Phantom on X, Dec 2, 2025.

According to @glassnode, at similar BTC spot levels to Nov 21, the 1-week put implied volatility previously spiked to 76%, indicating aggressive downside hedging (source: @glassnode, glassno.de/4ozRBSd). Yesterday the same tenor was roughly 63%, signaling a more muted risk premium and a less worried market (source: @glassnode, glassno.de/4ozRBSd). @glassnode cautions that any further downside could trigger a far sharper IV repricing, increasing the risk of rapid options repricing if spot weakens (source: @glassnode, glassno.de/4ozRBSd).

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 the source, Bitcoin (BTC), Ethereum (ETH), and XRP fell sharply today, triggering roughly 637 million in crypto derivatives liquidations across major exchanges over the last 24 hours.

According to Onchain Lens, with ZEC trading below $370, a whale deposited $1.5M USDC into Hyperliquid to avoid liquidation on a 10x ZEC long position. According to Onchain Lens, the position currently shows a $4.28M floating loss and the account is down $6.6M overall. According to Onchain Lens, the move reflects active margin defense at current ZEC price levels on Hyperliquid.

According to @lookonchain, wallet 0xa43d closed a MON long at a $135K loss and flipped to a 3x short on 12.11M MON valued at $414K, source: @lookonchain. The trader also opened 5x leveraged longs on 11,203 ETH worth $33.6M and 70,278 HYPE worth $2.46M within the past 2 hours, source: @lookonchain. This positioning establishes net short exposure to MON and sizable levered long exposure to ETH and HYPE in a tight time window, source: @lookonchain.

According to @StockMKTNewz, CME Group states all CME markets are open and trading, which includes CME Bitcoin (BTC) and Ether (ETH) futures and options being available for order execution (source: @StockMKTNewz on X, Nov 28, 2025). With CME crypto derivatives live, traders can manage exposure, roll contracts, and track spot-to-futures basis for BTC and ETH on the regulated venue during the session (source: @StockMKTNewz on X, Nov 28, 2025).

According to @ai_9684xtpa, ZEC fell back below USD 500, putting pressure on leveraged longs (source: @ai_9684xtpa). The largest ZEC long on Hyperliquid, address 0xcf9...95c0e, opened a 10x long on Nov 22 at an average entry of USD 574.864, now holding 20,386 ZEC worth about 9.79 million USD with an unrealized loss near 1.925 million USD and a peak drawdown above 2.42 million USD this morning, with no position reduction reported (source: @ai_9684xtpa; hyperbot.network/trader/0xcf90cfecf74e631feea816d02e757c0c8e895c0e). Traders can monitor this address on Hyperliquid to track positioning and potential liquidity impacts around the USD 500 level in ZEC derivatives (source: hyperbot.network/trader/0xcf90cfecf74e631feea816d02e757c0c8e895c0e).

According to the source, BTC pushed above $91,000 as traders priced an 85% probability of a December Federal Reserve rate cut, a move that coincided with roughly $241 million in crypto short liquidations (source: QCP Capital). The breakout was attributed to the macro repricing in rate expectations, underscoring a short-squeeze driven bid in BTC and broader crypto derivatives (source: QCP Capital).

According to @OnchainLens, a newly created wallet deposited $2.5 million USDC into HyperLiquid and opened a 10x leveraged short position in HYPE on November 27, 2025 (source: @OnchainLens). The same wallet also placed an open order to further increase the short position, with transaction details shared via an on-chain monitoring post (source: @OnchainLens).

According to CoinMarketCap, derivatives led by perpetual DEXs now rank #2 in 7-day fees across all sectors, indicating the second-highest fee generation over the past week among tracked categories (source: CoinMarketCap, Nov 27, 2025). Traders can monitor CoinMarketCap’s sector fee trends to gauge derivatives activity and liquidity shifts for strategy timing and risk management (source: CoinMarketCap, Nov 27, 2025).

According to @lookonchain, wallet 0xbFC8 deposited 4,000,000 USDC into Hyperliquid and opened a 10x short totaling 554,542 HYPE with 20.15M USD notional roughly two hours before the post, source: Lookonchain on X Nov 27, 2025 and Hypurrscan https://hypurrscan.io/address/0xbFC8cEd189F451020A0d69Cb4E5b52b0f4BC43aA. The size implies an average entry near 36.34 USD per HYPE and about 2.015M USDC initial margin at 10x, calculation based on figures disclosed by Lookonchain; source: Lookonchain on X. Traders can track this wallet and any subsequent position changes via Hypurrscan and Hyperliquid market pages to monitor funding, open interest, and liquidation risk, source: Hypurrscan address above and Hyperliquid market data.

According to @OnchainLens, a newly created wallet deposited 2.5M USDC into HyperLiquid and opened a WLFI long position with 5x leverage. Source: Onchain Lens on X; hyperbot.network/trader/0x9b3b04662098fad71C1487B40f5dC3f4efF9280c. The position is currently valued at about 2.4M, indicating active leveraged WLFI exposure on HyperLiquid. Source: Onchain Lens on X; hyperbot.network/trader/0x9b3b04662098fad71C1487B40f5dC3f4efF9280c.

According to @EmberCN, whale address 0x35d1 opened a 20x leveraged short on 455,000 SOL at 165.5 dollars, with a reported position size of 61.77 million dollars and an unrealized profit of 13.62 million dollars (source: @EmberCN on X, Nov 26, 2025). The post also shared the on-chain address for verification of these position details, signaling notable short-side activity in SOL derivatives during the reported period (source: @EmberCN on X, Nov 26, 2025).

According to Ki Young Ju, someone is wash trading on Bybit's BTCUSD inverse contract, with $5 trades hitting about 50 times per second and distorting market metrics (source: X post dated Nov 26, 2025). According to Ki Young Ju, this reported distortion means volume and trade-count-based indicators for Bybit's BTCUSD inverse market may be unreliable for short-term BTC strategies that depend on tick data and liquidity signals (source: X post dated Nov 26, 2025).

According to the source, Bitcoin options traders are monitoring three specific signals to identify a genuine low in BTC. Source: social media post published November 26, 2025 linking to the referenced article. According to the source, the focus is on options-derived indicators explicitly aimed at timing market bottoms in Bitcoin. Source: social media post published November 26, 2025 linking to the referenced article.

According to @OnchainLens, a whale deposited $2M USDC into HyperLiquid to increase its $HYPE short using 10x leverage, source: @OnchainLens. The short position is currently valued at $2.9M with 84,388 HYPE, source: @OnchainLens. An open order is placed to add to the short at $34.6–$35, with verification at hyperbot.network/trader/0x38e95a122c9023cd6b3fe3d5f821da20c1b20064, source: @OnchainLens.

According to @StockMKTNewz, Robinhood (HOOD) announced a joint venture and partnership with Susquehanna to operate a CFTC-licensed exchange and clearinghouse, source: @StockMKTNewz. Under CFTC oversight, licensed exchanges and clearinghouses may list and clear commodity derivatives, which include regulated crypto derivatives such as BTC and ETH futures, source: Commodity Futures Trading Commission. This connects the announcement to the regulated US crypto derivatives market and is relevant for traders tracking HOOD and potential CFTC-supervised crypto futures venues, source: Commodity Futures Trading Commission.

According to the source, a Hyperliquid trader who reportedly profited nearly $200 million during October’s market crash has placed a $44.5 million long position on Ethereum (ETH), per the source tweet dated Nov 25, 2025. The source adds that analysts are split on ETH’s next move, keeping traders focused on near-term volatility and positioning around this whale-sized bet, per the same tweet.

According to @lookonchain, a newly created wallet 0xccEF deposited 5.35M USDC to Hyperliquid and opened a 20x short on 495 BTC with $43.56M notional, with a stated liquidation price of $98,360 (source: @lookonchain; Hypurrscan address referenced by @lookonchain). Traders can verify the position via the referenced Hypurrscan wallet and monitor the $98,360 liquidation level as the specified threshold for this leveraged BTC short on Hyperliquid (source: @lookonchain; Hypurrscan address referenced by @lookonchain).