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 Lookonchain on X on Nov 16, 2025, a Roobet and Stake.com gambler opened new massive short positions totaling 196 million dollars across BTC, XRP, and ZEC, source: Lookonchain on X on Nov 16, 2025. According to Lookonchain, the positions include 1,555.56 BTC valued at 148.5 million dollars at 40x leverage, 12.34 million XRP valued at 27.4 million dollars at 20x leverage, and 31,016 ZEC valued at 20.4 million dollars at 10x leverage, source: Lookonchain on X on Nov 16, 2025. According to Lookonchain, this wallet is shorting again, indicating repeat activity, source: Lookonchain on X on Nov 16, 2025.