Hyperliquid (HYPE) — Onchain News & Whale Tracking

Suspected entity deposited 22.5 million USDC into Hyperliquid, and has purchased nearly 100,000 HYPE tokens.

On July 11th, based on the monitoring of spotonchain, in the past 10 hours, 5 wallets (possibly belonging to the same entity) have each made a deposit of $4.5 million USDC into Hyperliquid, with a total of $22.5 million. Among them, one wallet has purchased 99,931.55 HYPE at an average price of $43.3, spending $4.33 million. Another wallet has placed a limit order of $4.5 million. The remaining $13.5 million from the other 3 wallets has not been utilized.

A whale deposited 7 million USDC to Hyperliquid and went short on PUMP with 3x leverage.

A new wallet deposited 4.5 million USDC into Hyperliquid and purchased nearly 100,000 HYPE tokens.

PUMP is listed on the Hyperliquid pre-market for 9 hours, with a trading volume of over $93 million

On July 10th, according to the market data of Hyperliquid (accessible via https://app.hyperliquid.xyz/join/NTOD), the PUMP pre-market trading went live 9 hours ago. The current trading volume is $93.13 million and the open interest is $47.17 million. The current pre-market price of PUMP is $0.004869.

PUMP traded on the Hyperliquid pre-market for 6 hours, with a trading volume exceeding $64 million.

On July 10th, based on Hyperliquid market data, PUMP was launched 6 hours ago in the pre-market. Currently, the trading volume is $64.19 million and the open interest is $36.25 million. The current pre-market price of PUMP is $0.005248.

A newly created address has deposited 4 million USDC into Hyperliquid and has taken a short position on PUMP with 1x leverage.

On July 10th, as per the monitoring of LookOnChain, a newly established wallet transferred 4 million USDC into Hyperliquid and took a short position of PUMP with 1x leverage. Currently, the value of this position is $1,059,298.52.

Analysis: Many whales participating in PUMP contract transactions on Hyperliquid are engaged in low-leverage trading or primarily focused on arbitrage.

On July 10th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), after Hyperliquid launched the PUMP contract, the majority of whales mainly adopted the strategy of "hundreds of millions in collateral + 1x leverage." In fact, there was a high probability that they were aiming for the public sale arbitrage on the 12th or seeking quick profits. Currently, three whales have cumulatively deposited 11 million USDC in collateral, but have only opened a short position of 2.394 million US dollars. Due to the absence of a reference price, the current HYPE is in a vulnerable state of manipulation. If, like this morning at 11:30, it drops to $0.015, then even with 1x leverage and insufficient collateral, it would be liquidated. Among them, the address 0xAc7...D53ce is the most aggressive. It has 4 million USDC in collateral and opened a 2x short position, holding $1.074 million. The opening price is $0.00504 and the liquidation price is $0.02138.

A new address has deposited 3,000,000 USDC to HyperLiquid and has shorted PUMP.

On July 10th, as per the monitoring of Onchain Lens, a newly established wallet address deposited $3 million worth of USDC into HyperLiquid and initiated a short position with a 1x leverage (PUMP).

Hyperliquid Pre-market PUMP-USD Trading Volume Surpasses $21 Million

On July 10, based on the data from the official website, the pre-market trading volume of Hyperliquid's PUMP-USD exceeded 21 million USD. Today, at the opening, it surged to 0.015 USD. Currently, it is trading at 0.0055 USD.

A whale deposited $4 million into Hyperliquid and went 1x short on PUMP

On July 10th, as per the monitoring of OnchainLens, a whale address deposited $4 million USDC into Hyperliquid and initiated a short position for PUMP with a leverage of 1x.

4 addresses have collectively deposited 6.14 million USDC into Hyperliquid to purchase HYPE.

Phantom Wallet is introducing perpetual contract trading functionality powered by Hyperliquid.

On July 9th, Phantom made an announcement about the direct launch of perpetual contract trading functionality within the Web3 wallet. This is supported by Hyperliquid. Initially, it is targeted at EU customers. The product utilizes a permissionless integration with the Hyperliquid API to access the market. Eligible users can directly trade perpetual contracts within the Web3 wallet while maintaining non-custodial control over their positions. The user experience is similar to Phantom's core interface with an intuitive extension. It offers up to 40x leverage, stop-loss, take-profit, and real-time alerts.

Vladilena deposited 2 million USDC into HyperLiquid and went long on SOL with 10x leverage.

A whale has just deposited 10 million USDC into Hyperliquid for nearly half an hour to buy HYPE spot and leverage up to 10x long on HYPE.

On July 6th, as per the monitoring of LookOnChain, Whale 0xE2f8 deposited 10 million USDC into Hyperliquid within the past 30 minutes to purchase HYPE spot and take a long position in HYPE. Currently, the address holds HYPE spot worth $1.18 million and a 10x HYPE long position worth $5.75 million.

A certain new address has deposited 4.16 million USDC into HyperLiquid, going 10x long on HYPE.

On July 4th, as per the monitoring of Onchain Lens, a newly established wallet transferred 4.16 million USDC into HyperLiquid and initiated a 10x leveraged long position in HYPE.

A whale has deposited 15.66 million USDC into Hyperliquid and shorted ETH with 10x leverage.

On July 2nd, according to the monitoring of Spot On Chain, the whale "0xFa5" deposited 15.66 million USDC into Hyperliquid and took a short position on ETH with a leverage of 10x. Earlier today, he suffered a loss of 3.56 million USD on his long position of ETH. The current ETH position is as follows: ? Size: 28,679 ETH (approximately 70.1 million USD) ? Entry Price: 2,443.92 USD ? Liquidation Price: 2,930.62 USD

Two addresses jointly deposited $13.56 million to HyperLiquid to longing HYPE with 5x leverage.

On June 30th, as per the monitoring of SpotOnChain, in the past 8 hours, two addresses linked to the same entity deposited 13.56 million USDC into HyperLiquid and took a 5x leverage long position on HYPE. Currently, these two addresses hold approximately 630,000 HYPE tokens (valued at around 25.4 million dollars), with a profit of 132,000 dollars. The liquidation prices are 19.26 dollars and 19.86 dollars respectively. These two addresses had previously suffered a loss of 5.72 million dollars on HyperLiquid.

Hyperliquid's contract transaction volume has exceeded $1.5 trillion in the past year, with total revenue reaching $300 million.

A whale has once again deposited $16.51 million into HyperLiquid and leveraged 5x long on HYPE.

On June 30th, as per the monitoring of Onchain Lens, two wallets belonging to the same entity once more transferred $16.51 million into HyperLiquid and initiated a 5x leveraged long position in HYPE. Previously, the whale had endured a loss of $5.6 million.

James Wynn: If Hyperliquid increases the leverage to 50x, I will deposit $75 million to long again

On June 29, Whale James Wynn made a post stating, "If Hyperliquid reverts the leverage ratio back to 50 times, I will return to deposit $75 million and go long again. Let's do it again. This time, I am prepared." Previously, on March 12 this year, due to the "50x leverage whale" ETH long liquidation event, Hyperliquid reduced Bitcoin's maximum leverage ratio from 50 times to 40 times.

Galaxy and Manifold together deposited 30 million U into HyperLiquid and started buying HYPE.

On June 27th, as per the monitoring of Onchain Lens, the crypto investment firm Galaxy and the quantitative investment firm Manifold jointly deposited 30 million U.S. dollars into HyperLiquid and began purchasing HYPE.

Hyperliquid Launches SYRUP Perpetual Contract

On June 26th, as indicated on the official website, Hyperliquid has launched the SYRUP Perpetual Contract, with a maximum leverage of 3x.

An address has deposited nearly $40 million worth of SOL into HyperLiquid, setting a new record for the platform's largest single deposit.

On June 25th, as per the monitoring of OnchainLens, a whale address transferred 274,788.6 SOL, which is valued at $39.91 million, from Stake.com to HyperLiquid. This transfer set a record for the largest single deposit of a spot asset on the platform.

A Whale Takes Large Short Positions on Multiple Top Tokens on HyperLiquid, with Total Holdings Exceeding $400 Million

A whale deposited 4.28 million USDC to Hyperliquid and went long on ETH with 25x leverage.

A certain Hyperliquid trading whale was liquidated during a market crash, suffering a loss of over $3.5 million.

On June 23rd, as per the monitoring of LookOnChain, due to the market crash, Whale 0x7e8b's holdings of 965 BTC (valued at $97.5 million) and 12,024 ETH (valued at $26.22 million) in long positions were liquidated, which led to a loss of more than $3.5 million. However, he did not give up. After the liquidation, he re-entered with a 40x leveraged BTC long position and currently holds unrealized profits of $1.06 million.

Data: Base, Unichain, and Hyperliquid Ranked Top Three in Cross-Chain Bridge Capital Flow Over the Past Week

June 23rd. Based on DefiLlama data, in the past week, the net inflow of funds through the Base cross-chain bridge reached $35.92 million, ranking first among all public chains. Closely behind are Unichain and Hyperliquid, with net inflows of $15.04 million and $8.75 million respectively. Bera, Avalanche, and Mantle witnessed net outflows of $58.51 million, $51.44 million, and $15.46 million respectively, making them the top three chains with the highest outflows.

Abraxas Capital is Shorting BTC, ETH, and SOL on Hyperliquid, Accumulating a Total Unrealized Gain of Over $1.12 Billion

On June 23rd, as monitored by LookOnChain, Abraxas Capital has established two wallets on Hyperliquid with a 10x leverage to take short positions on BTC, ETH, and SOL. This is employed as a hedge for its spot positions, and the current total floating profit has exceeded $112 million.

A whale holds 19 long positions on HyperLiquid, with a floating loss of 22 million USD

On June 22nd, as monitored by Onchain Lens, a whale holds 19 long positions on HyperLiquid. These positions involve assets such as SOL, ETH, HYPE, XRP, and ADA. In the current market downturn, this whale is facing an approximately $22 million unrealized loss.

A whale has deposited 10 million USDC into Hyperliquid to purchase HYPE.

On June 21st, as monitored by Onchain Lens, a whale transferred 10 million USDC into Hyperliquid. Subsequently, it attempted to purchase HYPE through a TWAP order.

SkyLinked Rune published an article exploring the development of a Hyperliquid competitor using an open-source stack.

On June 16th, Rune, a co-founder of Sky (formerly MakerDAO), made a post on the X platform. He said, "I believe that Hyperliquid is an excellent concept and a well-implemented product. However, I'm curious. If someone intends to replicate this concept by using an open-source stack that has built-in security and has withstood battle testing, what would be the best choice? An OP/Arbi stack? Or are there other options with better performance that do not sacrifice security and reliability?"

On-chain Detective ZachXBT: The Hyperliquid Ecosystem Urgently Needs to Strengthen the Development of Analytical and Compliance Tools

On June 15, it was reported that in a post, on-chain detective ZachXBT stated that the Hyperliquid ecosystem urgently needs funding in order to develop more robust analytics and compliance integration tools to prevent major security incidents. Due to the current absence of adequate tools for Core and EVM, it has become extremely difficult to track incidents of personal asset theft.

Hyperliquid 50x Insider Whale Shorting BTC Again, Current Unrealized Profit Reaches $4.66 Million

On June 14th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the Hyperliquid 50x insider whale has achieved a total profit of $2.05 million through four leveraged BTC trades starting from March 2025, all in the short direction. Currently, their latest 40x BTC short position has once again generated an unrealized profit of $4.66 million. This short position was initiated on June 10th, with a size of $133 million, an entry price of $108,703.6, and a liquidation price of $114,060.

A certain whale address is shorting 16 altcoins on Hyperliquid with an unrealized profit of $3.56 million, holding a total position value of $57.5 million.

On June 14th, as per on-chain analyst Ai Yi (@ai_9684xtpa), it was noticed that the Hyperliquid address beginning with 0xa31 started shorting a group of alternative coins, such as ETH, PEPE, and DOGE, starting from June 12th. Among them, the shorts on DOGE and XRP had the highest unrealized profits, which were $2.48 million and $1.4 million respectively. Meanwhile, the HYPE short showed an unrealized loss of $3.21 million. Currently, 14 out of 16 short positions are in a profitable status, with a total position size of $57.5 million. It is worth noting that $2.275 million in funding fees have been earned over the past three days.

A certain whale deposited 4 million USDC into Hyperliquid and opened long positions on altcoins such as POPCAT and PEPE.

On June 13th, as monitored by Onchain Lens, a certain whale deposited 4 million USDC (amounting to a total of 6 million USD) into Hyperliquid and opened multiple long positions. It took 10x leverage for POPCAT, PEPE, WIF, BONK, and LDO; 5x leverage for ZK; and 3x leverage for PURR. This whale had previously suffered a loss of 7.75 million USD.

A certain whale address deposited 10 million USDT into HyperLiquid to open a 10x long position on ETH, with a position value of $46 million.

BlockBeats provided a report on June 12th. According to the monitoring of Onchain Lens, a particular whale address deposited 10 million USDC into HyperLiquid and established a leveraged long position on ETH with a leverage ratio of 10x. The current value of this position is $46 million.

The KOL with tens of millions of followers, Andrew Tate, made 76 trades on Hyperliquid, with a win rate of only 35.53%.

A certain whale deposited 8 million USDC into HyperLiquid, purchased 100,000 HYPE, and staked them, while also holding short positions in several major cryptocurrencies.

The mysterious whale on Hyperliquid with 20x long BTC positions may be AguilaTrades, with their current position valued at over $432 million.

A certain whale deposited 40.42 million USDC into HyperLiquid and placed limit buy orders for HYPE and FARTCOIN.

BlockBeats reports that on June 11th. According to the monitoring of Onchain Lens, a whale deposited 40.42 million USDC into HyperLiquid and placed buy orders for HYPE and FARTCOIN.

Two new addresses deposited 19.43 million USDC into Hyperliquid and went 5x long on HYPE.

On June 11th. According to the monitoring of Lookonchain, two newly established wallets deposited $19.43 million USDC into Hyperliquid and took a 5x leverage to go long on HYPE.

A certain whale has deposited 7.5 million USDC into Hyperliquid to long Bitcoin, with unrealized profits exceeding 5.7 million USD.

On June 11th, based on the monitoring by lookonchain, the mysterious whale 0x1f25 has once again transferred $7.5 million USDC into Hyperliquid and has been continuously going long on BTC. Current Position: 3,686 BTC (with a value of $405.9 million) Liquidation Price: $105,370 Unrealized Profit and Loss: +$5.72 million

Silhouette, a privacy execution layer based on Hyperliquid, has completed a $3 million Pre-Seed funding round led by RockawayX.

On June 10th, BlockBeats reported that Silhouette, which is a privacy execution layer built on Hyperliquid, officially announced the completion of a $3 million Pre-Seed funding round. This round was led by RockawayX, with the participation of Amber Group, HiveMind, Protagonist, No Limit Holdings, NGC Ventures, and Echo. Silhouette is a "Shield Exchange" constructed based on Trusted Execution Environment (TEE) technology. Its goal is to enable privacy-preserving order matching and settlement functions on Hyperliquid. It supports both HyperCore and HyperEVM, providing a novel DeFi experience that includes advanced strategy operations such as TWAP, VWAP, and RFQ. The project aims to address the problem of "excessive transparency" in on-chain trading, enabling users to trade freely without exposing their strategies.

Hyperliquid launches RESOLV contracts, supporting up to 3x leverage

On June 10th, through the link "https://app.hyperliquid.xyz/join/NTOD", Hyperliquid made an announcement regarding the commencement of RESOLV contract trading, which offers a leverage of up to 3 times.

A 20x leverage whale has deposited $2.35 million into Hyperliquid, potentially to increase their long position.

Two Whales Short Bitcoin with High Leverage on Hyperliquid

On June 9th, as monitored by OnchainLens, whales are initiating Bitcoin short positions on Hyperliquid. Whale 1: Initiated a short position with a leverage of 40 times, amounting to $65 million. Previously, it made a profit of $7.58 million. Whale 2: Opened a short position with a leverage of 35 times, worth $43 million.

A new address deposited 5.5 million USDC into Hyperliquid and then went long on Bitcoin with 20x leverage.

Data: Hyperliquid Total Value Locked has reached nearly $3.4 billion, with an annualized fee revenue of $878 million.

On June 8th, according to data from DefiLlama, Hyperliquid currently has a TVL (supporting USDC and USDT) of $33.86 billion. In the past 24 hours, the annualized fee of the platform has reached $878 million.

James Wynn: CZ's Darkpool Contract DEX Will End HyperLiquid, Previously Reached Out to HyperLiquid for Collaboration Unsuccessfully

On June 8th, James Wynn made a post stating, "HyperLiquid didn't pay me a single cent." I reached out to them twice, with the hope of reaching some kind of cooperation agreement to make up for the attention I brought to them. Although they seemed to appreciate this, they didn't offer such an agreement to anyone. Considering that their platform is decentralized and doesn't operate like a typical exchange platform, this is understandable. I made $34,000 through their platform's referral program. Given the number of registered users and trading volume I brought, this amount is extremely low. Their referral program is quite poor. Other platforms have much better referral programs. In my view, when CZ launches the dark pool perps DEX, it will mark the end of HyperLiquid. CZ has substantial funds, a powerful network, and a strong team to build a unique platform. Just look at all that he has achieved for Binance. I hope this can prompt HyperLiquid to upgrade as they will soon be overtaken by

James Wynn: Earned a mere $34,000 through HyperLiquid rebate, CZ would be a formidable competitor if he were to launch a perpetual DEX.