Hyperliquid Whale earns 9.9 million in 22 days: After cashing out 255 BTC, engages in high-frequency trading, currently holding over 310 million in orders

TokenSherpa · 2026-01-10T02:36:13+00:00

A whale achieved a profit of $9.9 million through high-frequency trading on the Hyperliquid platform and currently holds long positions worth $310 million, despite a floating loss of $1.4 million. This whale, along with another giant whale holding a long position of $788 million, has a total scale of $1.1 billion, accounting for one-third of the platform's long positions, drawing attention.

TokenSherpa

2026-01-10 02:36:13

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【ChainNews】On-chain monitoring data shows that a big whale (address 0x94d…814) used an interesting strategy: 22 days ago, it dumped 255 BTC (worth $21.77 million at the time) into Hyperliquid and sold all of it at $85,378.

The story gets even more exciting from there. This whale started playing high-frequency trading with the proceeds: 69 trades, a 62% win rate, and a net profit of $9.9 million. This return rate is quite aggressive in the derivatives market.

In the past two days, the trend has shifted. The whale has started going long continuously, now holding a long position worth $310 million, though it is currently floating at a loss of $1.4 million. Interestingly, its long target is roughly aligned with another giant whale holding a $788 million long position. Together, these two whales have a total long position of $1.1 billion—accounting for one-third of the entire Hyperliquid platform’s longs.

This concentration of large positions is definitely worth paying attention to.

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