Hyperliquid (HYPE) — Onchain News & Whale Tracking

A new address deposited 3.62 million USDC into Hyperliquid and went long on ZEC with 10x leverage.

On November 10th, as per the monitoring of LookOnChain, a fresh address deposited 3.62 million USDC into Hyperliquid and took a long position on ZEC with a leverage of 10x.

Hyperliquid's "ZEC Long Whale" added to their position at the lowest point, liquidated short positions, and realized a weekly profit of over $7 million.

A whale deposited $7 million into Hyperliquid to short BTC 3 days ago, and now only has $560,000 left.

On November 10th, as monitored by EmberCN, "Whale 0x7b7 transferred 7 million USDC to Hyperliquid 3 days ago for shorting BTC. After undergoing multiple liquidation events, only $560,000 is left. At its peak, it shorted 2222 BTC (worth $226 million), and now it only holds 300 BTC (worth $31.87 million) after multiple liquidations."

Hyperliquid's "ZEC Long Whale" Deleverages, Profit Shrinks from $12 Million to $200,000

A newly created wallet deposited 6.27 million USDC into HyperLiquid and placed a $504 buy order to go long on ZEC.

On November 8th, as monitored by Onchain Lens, a newly established wallet deposited 6.27 million USDC into HyperLiquid and placed a 504 USDC order to open a long position in ZEC.

Analyst: Hyperliquid or Alpha Testing Native Lending Market BLP

On November 8th, Analyst MLM disclosed that the Hyperliquid team is currently conducting tests on the Hypercore testnet with a feature named BLP. It is speculated that BLP stands for BorrowLendingProtocol. Judging from the testing situation, it seems to be a native lending market based on Hypercore with functions such as borrowing, lending, and withdrawal. Currently on the testnet, this market only supports USDC and PURR. Perhaps this is their planned mechanism for securely implementing a multi-collateral system by introducing an underlying lending layer. However, it has not been confirmed yet, and all of this is still speculative.

At Hyperliquid, the "ZEC Long Whale" has reduced their position, causing their unrealized gains to shrink from $12 million to $3 million.

On November 8th, based on HyperInsight's monitoring, the largest ZEC long position address on Hyperliquid decreased its position by 5000 ZEC within half an hour. As of the time of writing, this address still holds a 50,000 ZEC 5x long position; however, the unrealized gain has shrunk from a peak of $12 million to $3 million.

Hyperliquid has launched ICP Perpetual Contract

On November 8th, as per the official website, Hyperliquid has initiated ICP perpetual contracts, with a maximum leverage of 5x supported.

The largest ZEC long position on Hyperliquid is currently up $5.65 million

On November 8th, as per cointelligence, the largest ZEC position on Hyperliquid is a long position amounting to 55,000 ZEC (equivalent to 33.89 million USD), and it is currently holding an unrealized gain of 5.65 million USD. This address has ascended to the "top one" position by rolling over unrealized gains: starting from 410 USD five days ago, it has been continuously adding to its long ZEC position through unrealized gains, eventually reaching the present 55,000 ZEC position. Its average entry price is 513.5 USD, and the liquidation price is 500.8 USD.

On Hyperliquid, the largest short position on ZEC is continuously increasing its margin to avoid liquidation.

On November 8th, according to the monitoring of on-chain analyst Ai Yi (@ai_9684xtpa), the largest short position on ZEC on Hyperliquid continues to increase its collateral in order to avoid liquidation. 7 hours ago, he added 4 million USDC again. In the past 24 hours, a total of 36.814 million US dollars has been added as collateral. The current 34.09 million US dollar short position is at an unrealized loss of 18.04 million US dollars, reaching a peak above 20 million US dollars. The entry price is $305.9127 and the liquidation price is $1,312.58.

The largest ZEC short position on Hyperliquid is currently at a floating loss of $21.5 million, with an entry price as low as $305.9.

On November 7th, according to the monitoring of HyperInsight (accessible via https://t.me/HyperInsight and targeted at _blank), the largest short position on ZEC within Hyperliquid currently has a floating loss of $21.5 million. The opening price was $305.9127, the current ZEC price is $713, and the position is worth as high as $37.5 million. The address initiated the ZEC short position on October 11th and has been continuously increasing the scale during the upward trend to average down the cost. So far, there has been no liquidation.

Security Alert: Fake Hyperliquid App Found on Google Play Store

On November 7th, on-chain detective ZachXBT issued a warning on his personal channel, indicating that a fake Hyperliquid app has emerged on the Google Play Store. The community should be cautious as these platforms currently seem to be ineffective in filtering out such fraudulent impersonation apps.

Mainstream Perp DEX Overview: Hyperliquid Leads with a 24-hour Trading Volume of 9.7 Billion, Pacifica Reward Points Drive Increased Trading Volume

On November 7th, according to Defilama data, in the mainstream Perp DEX's recent 24-hour trading volume, Hyperliquid still holds the top position. Aster has witnessed a slight decrease in trading volume over the past month. After a recent 20x airdrop, Pacifica has seen a surge in trading volume. The current trading volumes of some Perp DEXs are as follows: Hyperliquid has a 24-hour trading volume of approximately $9.7 billion and a TVL of around $4.605 billion; Lighter has a 24-hour trading volume of approximately $9.53 billion and a TVL of around $1.114 billion; Aster has a 24-hour trading volume of approximately $7.4 billion and a TVL of around $1.479 billion; ApeX has a 24-hour trading volume of approximately $2.43 billion and a TVL of around $47.27 million; Pacifica has a 24-hour trading volume of approximately $1.06 billion and a TVL of around $38.08 million.

Hyperliquid's largest ZEC short position continues to increase its exposure, now facing an unrealized loss of $14.5 million

A whale deposited 14 million USDC into Hyperliquid and started accumulating HYPE.

A trader deposited 7,000,000 USDC into Hyperliquid to short BTC and XRP with 20x leverage.

On November 6th, as per the monitoring of LookOnChain, a trader deposited 7 million USDC into Hyperliquid through a newly established wallet. Subsequently, the trader opened short positions for BTC and XRP with a leverage of 20x. The details of the positions are as follows: · 1,129 BTC (approximately $116 million) · 8,888,888 XRP (approximately $20.35 million) This trader appears to be a high-risk player and is a user of both Roobet and Stake.

An whale transferred 1,000,000 USDC to Hyperliquid and leveraged 10x to long 2,900 ETH.

On November 6th, as per the monitoring of LookOnChain, the whale "machismallbrother.eth" deposited 1 million USDC into Hyperliquid one hour ago and initiated a 10x long position with 2900 ETH (valued at approximately 9.8 million US dollars). In contrast to "Maji," "machismallbrother.eth" is currently in a profitable status, with a total profit exceeding 8.9 million US dollars.

"Precision Positioning ZEC Whale" Longs Only 3 Days, Doubling the Principal, Now the Largest Long on the ZEC Contract on Hyperliquid

On November 6th, according to the on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the monitoring data over the past 5 hours showed that the "Focus on Long ZEC" whale (0x96e) once again increased its position by 2000 ZEC, bringing its total holdings to $16.33 million and an unrealized gain of $2.86 million (87%), with an average price of $424. The new address has deposited $2.21 million into Hyperliquid in the past 3 days. Then, it opened a 5x leveraged ZEC long position and has been continuously rolling it over. It doubled its principal in just 3 days and became the largest ZEC long position on Hyperliquid. Additionally, according to the monitoring data, the largest ZEC short position on Hyperliquid (0xd47) has an unrealized loss of $11.3 million. Since October 11th, it has been opening ZEC short positions and averaging down during upward movements. Its position size has increased to $26.02 million and there have been no closures yet.

A whale deposited 25.56 million USDC into Hyperliquid and started accumulating HYPE tokens.

ZEC Contract Position Board on Hyperliquid Shows a Single Coin Unrealized Loss of $10.8 Million

Hyperliquid's largest short position holder, "Abraxas Capital," has opened a new ASTER long position sub-address, with both addresses currently showing a 60% unrealized gain.

Hyperliquid's ZEC Long Contract Leaderboard Adds Position to $13.7M

HyperLiquid's six major high-leverage whales all liquidated, with an average loss of over $40 million per person

On November 5th, according to the statistics of EmberCN, all six high-leverage contract whales on HyperLiquid faced liquidation after making tens of millions of dollars in substantial profits. On average, each person suffered a loss of more than $40 million. The details are as follows: James Wynn used a principal of $21.77 million and achieved a peak profit of $87 million. He once opened a long position of BTC worth $1.23 billion on Hyperliquid. In the end, he not only lost all his profits but also his entire principal, resulting in liquidation. The "Insider Whale" falling used a principal of $3 million and achieved a peak profit of $26 million. They were previously good at placing bets before data and policy announcements but ended up making consecutive wrong bets and losing all their profits and principal. The whale AguilaTrades used a principal of $37.62 million and achieved a peak profit of $41.7 million. Every time they increased their position to $400 million, there was a retr

「1011 Insider Whale」 Faces Over $2.7 Million in Unrealized Losses on Hyperliquid

On November 5th, as per the monitoring of LookOnChain, the "1011 Insider Whale" incurred a long position loss of more than $2.7 million on Hyperliquid.

A whale deposited 3.5 million USDC into HyperLiquid and shorted BTC and ETH with 20x leverage.

On November 5th, as per the monitoring of Onchain Lens, a whale transferred 3.5 million USDC into HyperLiquid and took short positions on BTC and ETH with a leverage of 20x.

「Whale Hunting Operation」 Lead KOL Once Again Transfers $2.5 Million to Hyperliquid, Longing XPL with 1x Leverage

The top ten ZEC contract positions on Hyperliquid are mostly bearish, with the leading whale holding a unrealized loss of $8 million.

On November 4th, according to the monitoring of HyperInsight (https://t.me/HyperInsight), among the top ten whales with short positions in ZEC on Hyperliquid, eight whales with short positions are currently experiencing a floating loss, with the losses ranging from approximately 15% to 300%. Among them, the whale ranked first (0xd47) has a short position of $21 million, with an average price of $279, and a floating loss of about $8 million (200%). According to the monitoring, this address had opened a ZEC short position before the flash crash on October 11th and had once achieved a floating profit of over 100%, but now it has turned into a loss. In addition, the largest whale with a long position in ZEC in the contract (0x549) has a position of $13.6 million, with an average price of $352, and a floating profit of around $3 million (110%).

A new wallet deposited 7.9 million USDC into HyperLiquid to leverage a 5x long position on ZEC.

On November 4th, as per the monitoring of Onchain Lens, a newly established wallet deposited 7.9 million USDC into HyperLiquid and initiated a ZEC long position with a leverage of 5x. Currently, this wallet holds a TWAP order to further expand its position.

「Bro」 Hyperliquid Account Left with Less Than $17,000, Cumulative Loss of $13.33 Million

The whale that bought the dip on ETH after the 10.11 flash crash has turned from profit to loss, and is now ranked second in long positions on the ETH contract on Hyperliquid.

OKX will list Hyperliquid (HYPE) spot trading

On November 3rd, according to an official announcement, OKX will list Hyperliquid (HYPE) spot trading. · The opening of HYPE deposits: November 3, 2025, at 3:30 PM (UTC+8); · The pre-trading period for HYPE: November 3, 2025, from 9:30 PM to 10:30 PM (UTC+8); · The opening of HYPE/USDT spot trading: November 3, 2025, at 10:30 PM (UTC+8); · The opening of HYPE withdrawals: November 4, 2025, at 10:00 AM (UTC+8).

Hyperliquid's largest short seller, "Abraxas Capital," has a combined unrealized gain of over $50 million across its two addresses, with a total position size of $760 million.

pump.fun's protocol revenue in the last 24 hours has surpassed Hyperliquid.

On November 2nd, according to data from Defillama, pump.fun has achieved a revenue of $1.42 million within the past 24 hours. This figure surpasses the $1.18 million revenue generated by Hyperliquid during the same period. As a result, pump.fun now ranks third, following Tether ($23.36 million) and Circle ($7.91 million).

Hyperliquid's revenue surpassed $100 million in the past 30 days

On October 31st, based on the data from DefiLlama, Hyperliquid has achieved a total revenue of $102.43 million within the past 30 days. It ranks third, following Tether ($688.31 million) and Circle ($236.7 million).

「Suspected HYPE Listing Insider Trading」 Whale Keeps Accumulating and Bottoming Out, Now the Biggest Long Position Holder in XPL on Hyperliquid

On Hyperliquid's SOL Contract Holdings Leaderboard, the sixth-ranked "Cool-headed Trader" is gradually closing out positions to take profit, shifting from a 150% unrealized loss to a 50% unrealized gain.

On October 31st, as per the on-chain AI analysis tool (https://t.me/CoinbobAI_bot) @CoinbobAI_bot, the monitoring data indicates that the "Calm Whale" has successively closed a portion of their BTC and SOL short positions since last night and this morning, achieving a profit of more than $700,000. The total nominal value of their holdings has decreased from $79.7 million yesterday to $60.68 million, and the address currently ranks sixth in SOL contract holdings on Hyperliquid. According to the monitoring data, the address currently has an unrealized profit of $850,000 in BTC shorts, with a return rate of approximately 52%. The average position price is $112,000, and the position size is about $32.24 million. The SOL short has an unrealized profit of $780,000, with a return rate of about 58%. The average position price is $191, and the position size is around $27 million. Earlier news shows that the "Calm Whale" rolled over their BTC and SOL short positions near the $110,000 price lev

Top Holdings of the Top Long and Short Position in the Hyperliquid Three Major Coins: "100% Win Rate" Whale vs. Strongly Bearish "Abraxas Capital"

Hyperliquid Whale Divergence Intensifies: Amid Market Volatility, Both BTC Long and Short Camps Hold Positions Over $1 Billion

21Shares Submits S-1 Filing for Hyperliquid ETF

On October 29, 21Shares submitted the S-1 application for the Hyperliquid ETF.

edgeX 24-hour Revenue Performance Surpasses Hyperliquid

On October 29th, according to Artemis's "Top Chains by Fees" data, edgeX surpassed Hyperliquid with a 24-hour fee income of $2.3 million and became the new on-chain fee king, highlighting the platform's high transaction activity and user stickiness. Regarding bridging fund flows, edgeX ranked second in net inflows in the past 24 hours, second only to Ethereum, demonstrating strong fund attractiveness.

A whale deposited 5,058,000 USDC into Hyperliquid and shorted ETH with 10x leverage

On October 28th, as per the monitoring of Onchain Lens, a whale transferred 5.058 million USDC into Hyperliquid and initiated a 10x leveraged short position on ETH.

A whale deposited 3.72 million USDC into Hyperliquid and went long on BTC and ETH with 15x leverage.

Hyperliquid Contract Holdings Ranking:

On Hyperliquid, the top BTC short position is held by a whale with a unrealized loss of over $5.52 million, with a liquidation price of $120,800.

An hour ago, a savvy investor topped up 1.95M USDC to Hyperliquid and opened a 15x leveraged BTC long position.

On October 27th, according to the on-chain analyst Ai Auntie (@ai_9684xtpa), the address 0x960...0e2Ee deposited 1.95 million USDC as collateral into Hyperliquid half an hour ago. Subsequently, it opened a 15x leveraged long position on BTC. Currently, it is holding 120 BTC (worth 13.8 million US dollars) with an entry price of $115,372.8. This address has accumulated a profit of $5.51 million on Hyperliquid since July of this year.

A new wallet deposited 2.125 million USDC into Hyperliquid and went long 7x on ENA.

On October 24th, as per the monitoring of Onchain Lens, a new wallet transferred 2.125 million USDC into Hyperliquid and initiated a 7x leveraged long position in ENA. Currently, the account has set up a TWAP order to further expand its position.

「1011 Insider Whale」 Two Addresses Generated $814,000 in Revenue for Hyperliquid Through Only 3 Transactions

On October 23rd, according to the monitoring of AI Grandma, two addresses related to the "1011 Flash Crash Short Selling Suspected Insider Trading" incident generated $814,000 in transaction fees for Hyperliquid through just 3 transactions. During the same period, James Wynn contributed approximately $2.31 million in transaction fees to the platform through 38 transactions within 75 days.

Hyperliquid Strategies plans to raise up to $1 billion, intended to be used to purchase HYPE and others.

On October 23rd, according to official information, Hyperliquid Strategies has submitted an S-1 document with the intention of raising up to $1 billion for general corporate uses, which may potentially involve purchasing HYPE tokens.

ENA experienced a brief 10% flash crash, liquidating the associated address of Andrew Kang on Hyperliquid.

October 23rd. According to MLM Monitor, just one hour ago, ENA witnessed a sharp 10% drop within a mere 2 minutes. It once again led to the liquidation of the wallet linked to Andrew Kang on Hyperliquid. The total liquidation amount of his ENA holdings reached $47.38 million, and around $8.5 million of the replenishment funds were also liquidated.

Hyperliquid Pre-market Contract Launch of MegaETH (MEGA)

On October 22nd, Hyperliquid launched the MegaETH (MEGA) futures contract.