According to @ai_9684xtpa, ZEC on Hyperliquid printed a high above $750 while the platform’s largest ZEC short was not liquidated. source: X post by @ai_9684xtpa The trader added 4,000,000 USDC around 7 hours ago, bringing total margin additions over the past 24 hours to $36.814 million. source: X post by @ai_9684xtpa; Hyperbot trader dashboard referenced in the post The position currently stands at a $34.09 million ZEC short with an unrealized loss of $18.04 million, which peaked above $20 million. source: X post by @ai_9684xtpa; Hyperbot trader dashboard referenced in the post The reported entry price is $305.9127 with a liquidation price at $1,312.58, placing liquidation roughly 75% above the cited $750 high based on these figures. source: X post by @ai_9684xtpa; calculation based on figures cited in the post

According to @52kskew, the BTC market looks neutral to positive, with stacked asks above price having been pulled; source: @52kskew on X, Nov 7, 2025. Renewed buying around $100K was observed, alongside passive chasing during the Asia session; source: @52kskew on X, Nov 7, 2025. A Coinbase premium is currently lacking and may not return until the US government reopens, with the premium reflecting interest in buying BTC; source: @52kskew on X, Nov 7, 2025. Perpetual futures remain choppy with low funding and shorts still favored, indicating the market likely remains hedged; source: @52kskew on X, Nov 7, 2025. Trading read-through: conditions appear hedged and range-bound until a Coinbase premium re-emerges and funding dynamics shift in favor of longs; source: @52kskew on X, Nov 7, 2025.

According to @ai_9684xtpa, a BTC short whale who has executed four consecutive short campaigns since March 2025 is back to a floating profit of about 12.99 million dollars after the Nov 3 pullback, based on the Hyperbot dashboard for trader address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7 (source: X post by @ai_9684xtpa; Hyperbot trader address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7). During Oct 24–28 the address repeatedly added to the position and now holds a 1,231.98 BTC short worth about 124 million dollars with an average entry of 111,499.3 dollars (source: X post by @ai_9684xtpa; Hyperbot trader address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7). The trader has accrued more than 8.77 million dollars from funding fees while short, and the author notes it may be a hedge rather than a directional bet (source: X post by @ai_9684xtpa; Hyperbot trader address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7). Key reference metrics and timing in this update, including average entry 111,499.3 dollars and Oct 24–28 adds, are drawn directly from the cited X post and the Hyperbot tracking page (source: X post by @ai_9684xtpa; Hyperbot trader address 0x5D2F4460Ac3514AdA79f5D9838916E508Ab39Bb7).

According to @dydxfoundation, the community has approved winding down the AI16Z-USD and DODGERSWIN-USD markets on dYdX under Governance Proposal 305. Source: dYdX Foundation post; Mintscan Proposal 305. The approved action begins the deprecation process for these pairs, with trading availability and position management to follow the governance schedule specified on the proposal page. Source: dYdX Foundation post; Mintscan Proposal 305. Traders with exposure to AI16Z-USD and DODGERSWIN-USD are directed to consult the official proposal for the wind-down timeline, trading restrictions, and settlement instructions to manage positions during the transition. Source: dYdX Foundation post; Mintscan Proposal 305.

According to @lookonchain, both machismallbrother.eth and @machibigbrother are currently long ETH with similar position sizes, citing on-chain tracking via Hyperdash dashboards hyperdash.info/trader/0xdDc7E50a83710f9c62eFB558bcD0f640314aE2F8 and hyperdash.info/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 and the report on X twitter.com/lookonchain/status/1986479868754993439. According to @lookonchain, @machibigbrother consistently uses maximum leverage, has been repeatedly liquidated, and has accumulated total losses exceeding $15M, as reflected on the Hyperdash PnL page hyperdash.info/trader/0x020ca66c30bec2c4fe3861a94e4db4a498a35872 and the X post twitter.com/lookonchain/status/1986479868754993439. According to @lookonchain, machismallbrother.eth employs moderate leverage and is currently up about $8.5M, corroborated by Hyperdash PnL data hyperdash.info/trader/0xdDc7E50a83710f9c62eFB558bcD0f640314aE2F8 and the X post twitter.com/lookonchain/status/1986479868754993439. According to @lookonchain, the explicit takeaway for traders is to avoid high-leverage gambling trades, based on the observed outcomes in these ETH long positions twitter.com/lookonchain/status/1986479868754993439. According to @lookonchain’s figures ($15M+ loss vs $8.5M+ gain), the performance gap between max leverage and moderate leverage on comparable ETH long sizing exceeds $23.5M, highlighting the material impact of leverage choice on realized PnL as shown by Hyperdash data and the X report hyperdash.info and twitter.com/lookonchain/status/1986479868754993439.

According to @cryptorover, Binance plans to launch pre-market perpetual futures for Tether’s L1 blockchain project Stable, source: Crypto Rover on X. @cryptorover also states that Polymarket assigns a 26% probability that Stable will debut with a 4B fully diluted valuation after launch, source: Crypto Rover on X. The cited post does not include an official Binance confirmation, launch timeline, contract specifications, or ticker details, source: Crypto Rover on X.

According to @OnchainLens, the previously 100% win rate whale closed a 25x ETH short position with a realized loss of 1.45 million dollars, source: @OnchainLens on X dated Nov 6, 2025; Hyperbot trader page for address 0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2. Over the past two days, the address has lost more than 46 million dollars across positions, source: @OnchainLens on X dated Nov 6, 2025; Hyperbot trader page for address 0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2. The combined Perp and Spot portfolio now shows over 30 million dollars in negative equity, source: @OnchainLens on X dated Nov 6, 2025; Hyperbot trader page for address 0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2. These figures are based on on-chain tracking and trade analytics presented by the Hyperbot tracker linked by @OnchainLens, source: Hyperbot trader page for address 0xc2a30212a8DdAc9e123944d6e29FADdCe994E5f2 and @OnchainLens on X dated Nov 6, 2025.

According to Skew (@52kskew), BTC sees recurring order-flow events a few times per week around market pain points, with the $100K level recently exploited by passive players and a similar pattern occurring at the day's high. Source: Skew (@52kskew) on X, Nov 6, 2025. Skew adds that spot pricing heavily impacts BTC perpetual futures flows, and that a cluster of ask-side liquidity above price attracts aggressive passive players seeking quick gains near the $105K inflection point. Source: Skew (@52kskew) on X, Nov 6, 2025.

According to @EmberCN, a whale who previously had 14 consecutive wins opened a short of 3,000 ETH on Hyperliquid at $3,305 using about $1.4M in remaining capital, for roughly $9.93M notional, with a listed liquidation price of $3,698 (source: @EmberCN). According to @EmberCN, the trader had withdrawn the $1.4M earlier and redeposited roughly 30 minutes before opening the short, after a wipeout totaling about $44.67M on the prior trade (source: @EmberCN). Per the HyperBot trader dashboard for address 0xc2a30212a8ddac9e123944d6e29faddce994e5f2, the position size, entry, and liquidation levels are 3,000 ETH, $3,305, and $3,698 respectively, which are key ETH price levels to monitor for this account’s risk (source: HyperBot trader dashboard).

According to @gametheorizing, Hyperliquid’s ongoing hyperps listings reflect a broken market design where prices repeatedly dislocate upward versus centralized exchange (CEX) pre-markets, creating a digital honeytrap for retail traders (source: @gametheorizing). According to @gametheorizing, this is not a one-off anomaly, as he asserts the market has proven the flaw time and again through persistent premium pricing on hyperps relative to CEX pre-market levels (source: @gametheorizing). According to @gametheorizing, he has raised these structural concerns directly with a Hyperliquid representative and urges the venue to either fix the mechanism or halt new hyperps listings (source: @gametheorizing). According to @gametheorizing, traders should approach hyperps with caution due to the systematic upward price dislocation he observes versus CEX pre-markets (source: @gametheorizing).

According to @ai_9684xtpa, the latest selloff saw a visible decline in profitable on-chain whale shorting and even previously 100% win-rate whales faltered, source: @ai_9684xtpa. In the past 24 hours, roughly 430,000 accounts were liquidated for about $1.75 billion across the market, source: @ai_9684xtpa. On Hyperliquid, the largest short positions are primarily hedging addresses that have paid several million in funding fees, source: @ai_9684xtpa. Capital has turned cautious amid a hellish chop regime, with many sidelined or nursing losses and prioritizing survival over aggression, source: @ai_9684xtpa.

According to the source, more than $2.1 billion in crypto positions were liquidated over the past 24 hours, including roughly $1.68 billion in longs and $419.8 million in shorts; source: the source. Historically, liquidation waves of this magnitude coincide with sharp open-interest drawdowns and a 24–48 hour spike in realized volatility, often pushing BTC and ETH perpetual funding rates toward neutral or negative and impacting carry trades; source: Kaiko Research, Binance Research. Post-liquidation, spot-perp basis and top-of-book depth typically compress, increasing slippage risk for market orders and favoring limit or TWAP execution; source: Kaiko Market Liquidity reports. For trade setup confirmation, monitor funding rate resets, intraday OI changes, and liquidation heatmaps for signs of mean-reversion bounces or continuation moves; source: Glassnode Insights, Binance Research. Risk management guidance after cascade events includes reducing leverage, widening stops to volatility-adjusted levels, and scaling entries to avoid impaired liquidity pockets; source: CME Group education materials, Kaiko Research.

According to @lookonchain, the trader known as BitcoinOG (1011short) deposited another $20M USDC on HyperLiquid to increase long exposure in BTC and ETH, indicating continued bullish positioning by this single account, source: @lookonchain. The account holds 600 BTC longs valued at $60.9M with an entry price of $104,785.9 and a liquidation level at $43,160.57, source: @lookonchain. The account also holds 13,000 ETH longs valued at $43M with an entry price of $3,444.81 and a liquidation level at $593.38, source: @lookonchain. These stated liquidation levels define the account’s downside thresholds on HyperLiquid and are relevant for monitoring potential forced unwind risk tied to this concentrated long positioning, source: @lookonchain.

According to @ai_9684xtpa, a new update on Hyperliquid high-leverage traders reports that James Wynn, qwatio, AguilaTrades, and a whale previously showing a 100% win rate have now exited with losses despite earlier standout performance (source: @ai_9684xtpa on X, 2025-11-05). The post states that the combination of high leverage and high-frequency trading has repeatedly ended in losses on the venue (source: @ai_9684xtpa on X, 2025-11-05). It further highlights that taking profit is the hardest lesson for these strategies, reinforcing the challenges of timing exits under aggressive leverage (source: @ai_9684xtpa on X, 2025-11-05).

According to @EmberCN, a large Hyperliquid trader won 14 consecutive high-size entries, banking $15.83M, but then lost $44.67M on the 15th trade, wiping out prior profits plus $28.76M principal (source: @EmberCN, hyperbot.network/trader/0xc2a30212a8ddac9e123944d6e29faddce994e5f2). According to @EmberCN, the trader fully closed all positions roughly three hours prior to the report and was left with only $1.40M margin, effectively near zero equity for active perps trading (source: @EmberCN). According to @EmberCN, the reported balances imply an approximate 97% drawdown versus the pre-loss equity of about $44.59M, underscoring how a single uncontained loss can erase multi-trade gains in crypto perpetuals (source: @EmberCN). According to @EmberCN, this case highlights the risk-of-ruin from oversized positions on decentralized perps venues like Hyperliquid, where aggressive exposure can rapidly convert long winning streaks into total capital impairment (source: @EmberCN).

According to @lookonchain, trader James Wynn has been liquidated 45 times over the past two months across both long and short positions and is currently showing an unrealized profit of 66,465 USD, source: Lookonchain on X, Nov 4, 2025. The performance and open PnL are tracked for wallet 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6 on Hyperdash, source: Hyperdash trader profile for 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6. Traders monitoring this account can review position history, liquidation events, and current PnL directly on Hyperdash to inform risk assessment, source: Hyperdash trader profile for 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6.

According to @EmberCN, a primarily long-only trader was liquidated during the Oct 11 drawdown, losing $12.56M in principal and later transferred an additional $2.6M USDT to Hyperliquid to continue going long, source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, after today’s drop the account saw forced liquidation on part of its ETH long and manually cut a HYPE long, leaving only $100K remaining, source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, the account now has roughly $100K margin backing a $3.1M ETH long position, implying about 31x effective leverage based on the reported figures, source: @EmberCN on X; Hyperbot trader page. According to @EmberCN, cumulative principal losses since Oct 11 total $14.92M, underscoring the rapid equity depletion risk in highly leveraged ETH perpetual positions on Hyperliquid, source: @EmberCN on X; Hyperbot trader page.

According to @WatcherGuru, $140,000,000 in crypto long positions were liquidated over the past 60 minutes, indicating a concentrated flush in derivatives markets. Source: Watcher.Guru. Such long-side liquidation waves typically align with swift downside price moves that force margin calls, elevating near-term risk for leveraged BTC and ETH traders. Source: Watcher.Guru. After a liquidation spike, traders commonly monitor open interest, funding rates, and perpetual basis to assess whether the move extends or mean-reverts. Source: Watcher.Guru. Risk controls in this context include reducing leverage, avoiding late entries into momentum, and reassessing stop placement until derivatives metrics stabilize. Source: Watcher.Guru.

According to Onchain Lens, during a market downtrend, whale trader Machi was partially liquidated on 25x ETH and 10x HYPE long positions, with combined spot and perpetual futures equity now at $14.85M, as reflected by the Onchain Lens update and the linked Hyperbot trader page.

According to the source, former FTX US president Brett Harrison plans to launch a perpetuals exchange focused on traditional assets and aims to avoid risks seen in crypto markets, per the announcement. The source states the venue will list perpetual contracts tied to traditional assets rather than crypto spot tokens. The source does not disclose launch timing, jurisdiction, regulatory approvals, margin framework, or product list, leaving key trading parameters and market access details unspecified.