According to @EmberCN, a whale’s roughly 230 million USDC long on Hyperliquid held for nearly two months was fully liquidated when ETH dropped to about 2.2k at 02:43, wiping the position’s margin (source: @EmberCN). The trader had transferred around 230 million USDC into Hyperliquid in early December to open the long, and the liquidation consumed the entire amount (source: @EmberCN). Despite this loss, the entity still holds assets valued around 4.8 billion, including approximately 901,000 ETH and 33,000 BTC (source: @EmberCN). For traders, this confirms that a widely watched whale liquidation level on ETH perpetual futures was reached on Hyperliquid, marking a key deleveraging event on the long side (source: @EmberCN).

According to @OnchainLens, a dormant whale sold 799 ETH for USDC, deposited the funds to HyperLiquid, and opened a 20x ETH long from another wallet (source: Onchain Lens on X). According to @OnchainLens and the referenced CoinMarketMan HyperTracker wallet data, the entity now holds two ETH long positions across two wallets with a combined value of $33.28M (source: Onchain Lens; CoinMarketMan HyperTracker).

According to @lookonchain, a whale that sent 45M USDC to Hyperliquid to accumulate HYPE capitulated during the market crash, selling the entire HYPE position and realizing about $3.72M in losses (Source: https://x.com/lookonchain/status/2017630868148482417). On-chain transaction records for address 0x9D26f5Bc7E5C7f767eade0b9De58d94f49301BfF confirm the deposit, HYPE purchases, and full exit sequence as cited (Source: https://hypurrscan.io/address/0x9D26f5Bc7E5C7f767eade0b9De58d94f49301BfF; Source: @lookonchain).

According to @ai_9684xtpa, wallet 0xd9012A0C82242B04ee09E45e98B24903F982D975 deposited 6 million USDC to Hyperliquid and placed two conditional buy orders, source: @ai_9684xtpa and https://hyperbot.network/trader/0xd9012A0C82242B04ee09E45e98B24903F982D975. The orders target buying 73.46 BTC if price trades within 60,555 to 75,555 and 100,000 HYPE within 15 to 20.38, with notional sizes about 5 million dollars and 1.77 million dollars respectively, source: @ai_9684xtpa and https://hyperbot.network/trader/0xd9012A0C82242B04ee09E45e98B24903F982D975. The setup was described as bottom-fishing by the source, according to @ai_9684xtpa, source: @ai_9684xtpa.

According to @lookonchain, the 'Anti-CZ' wallet 0x9eec on Hyperliquid was liquidated 19 times over the past two days and is now fully liquidated. Source: Lookonchain; Hyperliquid trade history. @lookonchain reports the account swung from more than 61 million in gains to over 10.75 million in losses. Source: Lookonchain; Hyperliquid trade history. All events are traceable via Hyperliquid's on-chain trade history for 0x9eec, reflecting a large forced unwind on an on-chain perpetuals venue. Source: Lookonchain; Hyperliquid trade history.

According to @lookonchain, trader Machi (@machibigbrother) was liquidated 14 more times in the past 6 hours, bringing his total to 241 liquidations, with his account balance now at $20,815 (source: @lookonchain). The same source earlier reported that his prior 144,573 USDC deposit on Hyperliquid was wiped and that he deposited another 249,837 USDC to continue longing ETH and HYPE, with positions then noted at 2,000 ETH and 10,889 HYPE (source: @lookonchain).

According to @EmberCN, a whale withdrew 45 million USDC from Binance and bought 1.243 million HYPE on Hyperliquid using 41.32 million USDC at an average of 33.2 USD, source: @EmberCN. The whale then sold into the pullback and fully exited the 1.243 million HYPE position about 30 minutes before the post, realizing an estimated 3.73 million USD loss over three days, source: @EmberCN.

According to @OnchainLens, newly created wallet 0x9D2 bought HYPE for $44.99M, fully exited for $41.27M, realizing a $3.72M loss over three days. According to @OnchainLens, the same wallet had earlier deposited a total of about $45M into HyperLiquid and accumulated 277.1K HYPE, with activity tracked via HyperBot and CoinMarketMan.

According to @lookonchain, whale address pfm.eth deposited 5M USDC into Hyperliquid over the past 12 hours to build long exposure to silver via the on-chain $SILVER market. According to @lookonchain, the address opened a 1x long on 17,305 SILVER worth about $1.49M, with roughly $1.66M in additional limit buy orders still waiting to be filled.

According to @ThinkingUSD, Hyperliquid is showing rapid product market fit with volumes growing 55% daily and over 30% of total exchange volume now coming from non-crypto sources, underscoring idiosyncratic returns with long volatility and long convexity exposures. The post adds that HIP-3 volumes and open interest are expanding over 100% weekly to billions in average daily volume, with fees split 50/50 between Hyperliquid and HIP-3 providers, pointing to uncorrelated returns and exposure for traders seeking diversification and liquidity depth in DeFi derivatives markets. Source: X.com/@ThinkingUSD

According to @lookonchain, Machi’s previous 144,573 USDC deposit on Hyperliquid has been lost, and he has now deposited another 249,837 USDC to continue long exposure in ETH and HYPE (source: @lookonchain). According to @lookonchain, his current disclosed positions are 2,000 ETH and 10,889 HYPE on Hyperliquid (source: @lookonchain).

According to @OnchainLens, a previously dormant address for two years sold 699 ETH for about 1.876 million USDC, deposited the funds to HyperLiquid, and opened a 20x leveraged ETH long valued around 18 million, source: @OnchainLens. Based on the same source, traders may monitor ETH perpetuals funding, open interest shifts, and potential liquidation clusters on HyperLiquid and major venues to gauge risk and liquidity dynamics, source: @OnchainLens.

According to @EmberCN, as ETH fell to 2.8K, a Hyperliquid account tied to a whale who opened longs with about 230 million in capital saw roughly 142 million in prior profit erased and has turned negative. According to @EmberCN, the account’s unrealized loss is about 83.57 million, driven mainly by a 212,000 ETH long position of roughly 596 million with an average entry near 3,149 and a liquidation level at 2,280, about 534 below spot. According to @EmberCN, the ETH long alone is showing about 73.84 million in unrealized losses.

According to @lookonchain, Machi deposited another 144,573 USDC into Hyperliquid to add to his ETH long. According to @lookonchain, the trader lost another 2 million dollars in a single day during the recent market crash and has seen repeated wipeouts on Hyperliquid. According to @lookonchain, this fresh top-up increases leveraged ETH exposure on Hyperliquid, keeping liquidation risk elevated and signaling aggressive whale positioning in ETH.

According to Lookonchain, the address 0x20c2 known as ETHMegaBear has realized over $80.9M in profits by shorting ETH on Hyperliquid, highlighting sustained bearish positioning and aggressive risk exposure (source: Lookonchain). According to Lookonchain, the trader has been shorting ETH since 2024 using maximum leverage on the venue, previously 50x and now 25x (source: Lookonchain). According to Lookonchain, the account currently holds a 30,582 ETH short position with an estimated notional of about $88.9M on Hyperliquid, with position details referenced via the Hyperdash profile (source: Lookonchain; source: Hyperdash). According to Hyperdash, the trader page lists the active 30,582 ETH short and associated historical PnL for the address (source: Hyperdash).

According to @ai_9684xtpa, a new address 0x9D26f5Bc7E5C7f767eade0b9De58d94f49301BfF has built a $31.62M spot position in HYPE and continues to buy aggressively. According to @ai_9684xtpa, the address currently holds about 951,000 HYPE with an unrealized loss of roughly $338,000, while HYPE rose about 4.6% in the last 24 hours and remains above $33. According to the hyperbot.network tracker cited by @ai_9684xtpa, the address deposited 44.995M USDC to Hyperliquid within about 7 hours and accumulated 298,915.34 HYPE at that time worth around $10.06M before continuing spot purchases. Based on the on-chain flow reported by @ai_9684xtpa and the hyperbot.network data, concentrated whale accumulation on Hyperliquid can tighten liquidity and increase short-term volatility, so traders may monitor this address’s inflows and spot fills for execution and slippage risk.

According to @EmberCN, one address transferred 45 million USDC to Hyperliquid to purchase HYPE and has already converted about 30.5 million USDC into roughly 909,000 HYPE at an average price near 33.5; source: @EmberCN. The buying is still ongoing, and the author notes the remaining 14.5 million USDC is likely to be deployed into HYPE within the day; source: @EmberCN.

According to @EmberCN, a single address transferred 45 million USDC to Hyperliquid to purchase HYPE on spot and has already spent 10.84 million USD acquiring 325,000 HYPE at an average price of 33.3, with buying still ongoing. According to the same source, the activity is concentrated on Hyperliquid spot and reflects continued whale accumulation of HYPE. The source also notes the post is sponsored by Bitget.

According to @ai_9684xtpa, a new address 0x9D2...01BfF deposited 44.995 million USDC to Hyperliquid over seven hours and subsequently accumulated 298,915.34 HYPE in spot, valued around $10.06 million. According to @ai_9684xtpa, the activity reflects sustained spot accumulation on Hyperliquid by a single large buyer in HYPE.

According to @OnchainLens, newly created wallet 0x9D2 deposited an additional $36.15M, bringing total deposits on HyperLiquid to $45M to buy more HYPE. According to @OnchainLens, the whale has accumulated 277.1K HYPE valued at $9.478M. According to @OnchainLens, the wallet previously deposited $8.84M USDC and placed two TWAP orders to purchase HYPE within five hours.