According to @ai_9684xtpa, a single buyer purchased 3,000 BTC call options on Deribit with a USD 100,000 strike expiring on 2026-01-30, paying about USD 2.86 million in premium. According to @ai_9684xtpa, the reported break-even at expiry is approximately USD 100,953.67, implying the position loses money if BTC settles below that level on the expiration date. According to @ai_9684xtpa, if BTC finishes below USD 100,000 at expiry, the entire USD 2.86 million premium would be lost, though the buyer could exit earlier if BTC rallies.

According to @ai_9684xtpa, address 0x540...3F802 is now the largest short on Hyperliquid LIT after depositing 4.35 million USDC of margin within the past two hours, source: @ai_9684xtpa on X and HyperBot trader page for 0x540...3F802. The address opened a 1x short totaling 1,110,677 LIT at a 2.74 USD average entry and is currently showing about 25,000 dollars unrealized loss, source: @ai_9684xtpa on X and HyperBot trader page for 0x540...3F802. Based on these reported figures, the position notional is approximately 3.043 million dollars which implies effective leverage below 1x given 4.35 million USDC posted as margin, source: calculation from figures reported by @ai_9684xtpa on X and HyperBot trader page for 0x540...3F802. The 2.74 USD average entry is the immediate breakeven level for this short, so price action above 2.74 increases the unrealized loss and price action below 2.74 reduces it, source: @ai_9684xtpa on X and HyperBot trader page for 0x540...3F802. Traders can monitor this address in real time on the HyperBot dashboard to track position size and PnL for potential impact on LIT perpetual order flow and liquidity, source: HyperBot trader page for 0x540...3F802.

According to @OnchainLens, two whales on HyperLiquid opened LIT short positions with 3x leverage after depositing 2,000,000 USDC and 1,500,000 USDC, respectively (source: Onchain Lens). Address 0x47e deposited 2,000,000 USDC and shorted LIT at 3x leverage, and address 0xd6b deposited 1,500,000 USDC and shorted LIT at 3x leverage, with trader pages at hyperbot.network/trader/0x47a761bb9e970ac93cb571c4614c4ca643714e4f and hyperbot.network/trader/0xd6BAb97182fc8F26B2C9102ab5D421C35C145bAd (source: Onchain Lens; hyperbot.network). Total deposits tied to these LIT shorts equal 3,500,000 USDC on HyperLiquid (source: Onchain Lens).

According to Onchain Lens, as the LIT token generation event approaches, a whale opened a LIT long position on HyperLiquid pre-market with 1x leverage. Source: Onchain Lens on X, Dec 30, 2025. The position currently shows a floating loss of more than $652,000 at the time of reporting, confirming the trade is underwater. Source: Onchain Lens on X citing the hyperbot.network trader page. This indicates LIT’s pre-market price on HyperLiquid was below the whale’s entry at the snapshot time, signaling negative near-term price pressure in that venue. Source: Onchain Lens on X and the referenced hyperbot.network trader page.

According to @ai_9684xtpa, address 0x931…ae7a3 opened a 300 BTC long on Hyperliquid about 7 hours ago, ranking among the platform’s top 5 BTC long positions, source: @ai_9684xtpa; hyperbot.network. Per the same sources, the position is reported at $26.14 million notional with an average entry of $87,965.3, current unrealized PnL of -$239,000, and a liquidation price at $86,073.7, source: @ai_9684xtpa; hyperbot.network. The trader set a bracket to scale stop-loss near $79,419 and scale take-profit up to $109,496; from the entry, liquidation sits about 2.15% below, the stop zone is roughly 9.7% below, and the take-profit cap is around 24.5% above, source: @ai_9684xtpa; hyperbot.network.

According to @dydxfoundation, dYdX now offers trading fee discounts for DYDX stakers, enabling users to lower fees and improve execution economics on the exchange, source: dYdX Foundation on X, Dec 29, 2025. Users can stake DYDX directly via the platform UI, with the feature accessible in the Portfolio tab on dydx.trade, source: dYdX Foundation on X, Dec 29, 2025.

According to @GreeksLive, crypto options block trades totaled a notional $122,143,210 for the week of December 22–28 (source: @GreeksLive). The breakdown shows $120.7M executed on Deribit and $1.5M on OKX (source: @GreeksLive). Based on these figures, Deribit captured approximately 98.8% of weekly block notional while OKX accounted for about 1.2%, indicating block activity was highly concentrated on Deribit (source: @GreeksLive). For traders, this highlights where weekly block liquidity was concentrated and where large options orders were predominantly filled (source: @GreeksLive).

According to @dydxfoundation, December incentives under Surge Season 9 include 50% fee rebates for UI and API traders, a $1M liquidation rebate to soften volatility impacts, and extended BTC and SOL fee holidays (source: @dydxfoundation, Dec 29, 2025). The same source specifies these incentives are live for December on dYdX and are aimed at reducing trading costs and mitigating liquidation-related losses during volatile conditions (source: @dydxfoundation, Dec 29, 2025).

According to @dydxfoundation, the dYdX community approved extending the Loss Rebate Pilot Program for an additional month, confirming the continuation of the existing mechanism in the near term for active derivatives traders on the dYdX Chain. source: https://twitter.com/dydxfoundation/status/2005532189942034541 source: https://mintscan.io/dydx/proposals/333 The on-chain result is recorded as proposal 333, providing the official vote status and governance transaction history for verification. source: https://mintscan.io/dydx/proposals/333 For trading strategy, this extension indicates the loss rebate mechanism remains active for the next month, allowing traders to maintain current assumptions for execution and risk controls until any parameter updates specified in the proposal are reviewed. source: https://twitter.com/dydxfoundation/status/2005532189942034541 source: https://mintscan.io/dydx/proposals/333 Traders should check proposal 333 for effective dates, eligibility, and any operational details to align position sizing, cost modeling, and hedging on dYdX perpetuals. source: https://mintscan.io/dydx/proposals/333

According to @dydxfoundation, the community approved extending the 100% fee discount, making BTC and SOL perpetual contracts free to trade on dYdX through January 2026; source: dYdX Foundation on X https://twitter.com/dydxfoundation/status/2005530092748013825 and Mintscan proposal 332 https://www.mintscan.io/dydx/proposals/332. The governance vote passed under proposal 332 and specifically covers BTC and SOL perpetual markets on the dYdX chain; source: dYdX Foundation on X https://twitter.com/dydxfoundation/status/2005530092748013825 and Mintscan proposal 332 https://www.mintscan.io/dydx/proposals/332. For traders, this means zero trading fees on BTC and SOL perps during the stated period, directly lowering transaction costs on dYdX; source: dYdX Foundation on X https://twitter.com/dydxfoundation/status/2005530092748013825.

According to CrypNuevo, record levels of Bitcoin options expired on Friday, removing the range-pinning effect and setting up a volatility expansion over the next few weeks, source: CrypNuevo on X, Dec 28 2025. He expects a downside liquidity run to occur first as BTC breaks from the recent range, with more volatile price action likely before any sustained trend, source: CrypNuevo on X, Dec 28 2025.

According to @binance, USD-M Futures traders can compete for a multi-token prize pool worth up to 1M USDT, with rewards determined by weekly trading volume, and participation requires meeting a 500 USDT trading threshold on USD-M contracts, source: @binance tweet and official activity page binance.com/en/activity/trading-competition/futures-sprint-wk1225. To join, climb the volume leaderboard and trade 500 USDT or more on USD-M contracts, source: @binance tweet and official activity page binance.com/en/activity/trading-competition/futures-sprint-wk1225. Full details and enrollment are available on the Binance activity page, source: @binance tweet and official activity page binance.com/en/activity/trading-competition/futures-sprint-wk1225.

According to @OnchainLens, a whale deposited $4,000,000 USDC into HyperLiquid and increased shorts on ETH at 15x leverage and ZEC at 5x leverage; source: Onchain Lens on X Dec 26 2025 and HyperBot trader page https://hyperbot.network/trader/0xd47587702a91731Dc1089B5DB0932cF820151A91. The wallet holds 8 open positions valued at approximately $148.8 million; source: Onchain Lens on X Dec 26 2025. Unrealized profit reportedly exceeds $17 million, with cumulative gains over $38 million; source: Onchain Lens on X Dec 26 2025.

According to @OnchainLens, a trader deposited $600,000 USDC into Hyperliquid around three months ago and opened a 25x leveraged ETH long now valued at about $15 million (source: @OnchainLens on X; source: Hyperbot Network trader dashboard). The position holds 5,063 ETH with a stated liquidation price of $2,882.84 for address 0x797a63cf969529E9083AEa6239B7014988c6A5dc (source: Hyperbot Network trader dashboard; source: @OnchainLens on X).

According to @simplykashif, Binance Perpetual Futures volume reached $25T in 2025, up from $21.2T in 2024 and 2.2x the closest competitor, driven by active daily traders on the platform; source: X post by @simplykashif on Dec 23, 2025 https://twitter.com/simplykashif/status/2003394371354501139. This equals roughly 17.9% year-over-year growth and implies the nearest rival processed about $11.4T in 2025, calculated from the figures reported; source: X post by @simplykashif on Dec 23, 2025 https://twitter.com/simplykashif/status/2003394371354501139.

According to @GreeksLive, the Greeks.live iOS app is now live on the Apple App Store, enabling users to manage Deribit and OKX accounts from an iPhone with the same professional-grade trading features as the web platform, source: @GreeksLive. According to @GreeksLive, this release provides full mobile access for derivatives traders on these exchanges with feature parity to the web experience for account management and trading, source: @GreeksLive.

According to @CoinMarketCap, citing Bloomberg, JPMorgan Chase is evaluating offering crypto trading services for institutional clients, including spot and derivatives products aimed at hedge funds and pension managers. Source: Bloomberg via @CoinMarketCap. The initiative is in an evaluation phase with no confirmed launch or disclosed timeline. Source: Bloomberg via @CoinMarketCap. For traders, the reported scope spans both spot and derivatives, indicating that both market segments are under review by the bank. Source: Bloomberg via @CoinMarketCap.

According to @OnchainLens, a whale deposited $1.09M USDC into HyperLiquid, opened a 20x short on XYZ100, and placed open orders for a BTC short and a FARTCOIN long, source: @OnchainLens on X; CoinMarketMan HyperTracker. Using the reported $1.09M collateral and 20x leverage, the position size could reach roughly $21.8M notional if fully utilized on HyperLiquid, source: @OnchainLens on X; calculation from reported figures; CoinMarketMan HyperTracker.

According to @AltcoinDaily, an Ethereum co-founder signaled that "privacy on Ethereum" is the next big trend (source: @AltcoinDaily tweet dated Dec 19, 2025). The tweet does not identify which co-founder or link to a primary statement, leaving the claim unverified within the post itself (source: @AltcoinDaily tweet). Given the absence of a primary citation, traders may treat any forthcoming official privacy-related statements as potential catalysts and monitor ETH spot volume, derivatives open interest, and options implied volatility before adjusting exposure, rather than positioning solely on a secondary tweet (source: the only information provided is the @AltcoinDaily tweet and it lacks an official confirmation).

According to @Flavio_leMec, a user reports being liquidated for the third time this week on HyperliquidX, highlighting acute liquidation risk when trading leveraged crypto perpetual futures, source: @Flavio_leMec on X, Dec 19, 2025. Hyperliquid operates as a decentralized perpetual futures exchange where positions are liquidated once the margin ratio falls below the exchange’s maintenance requirement, making liquidation price tracking and margin buffers critical, source: Hyperliquid documentation. Industry education recommends reducing leverage, sizing positions smaller, using isolated margin, and deploying stop-loss orders to lower liquidation probability on perps, source: Binance Academy futures risk management. Monitoring funding rates and realized volatility helps estimate liquidation distance and potential margin drawdown during rapid moves, source: Binance Academy guide to funding rates and futures risk.