Whale's thrilling moment on Hyperliquid: shorts nearly liquidated, while longs have already turned the tide

On-Chain Data Analysis Platform CoinBob has captured an interesting recent phenomenon through AI tools: as the market experiences a mild rebound, the big whales on Hyperliquid are awakening one after another, staging a series of “life or death” position battles.

The Last Short: Nearly Liquidated This Morning

This whale, self-proclaimed as “The Last Short,” was once the most stubborn member of the BTC short camp. It currently maintains approximately $100 million in BTC short positions, with an unrealized profit of $22.24 million (542% return), and a liquidation price set at $95,000. However, the risk lies in the fact that this whale urgently added over $3 million in margin on the 25th to raise the liquidation price; without this, it would have faced partial liquidation this morning. This move indicates that even the most optimistic short players are beginning to feel pressure in the face of the market rebound.

“OG Insiders” ETH Turnaround Story

Meanwhile, in the long camp, a whale nicknamed “BTC OG Insider” staged a reversal. This trader withdrew $10 million from an exchange on the 25th and directly poured it into a Hyperliquid ETH long position with 5x leverage. As of today, this position has turned from loss to profit, with a current size of $45.51 million, an unrealized profit of $1.33 million, an average entry price of $2,945, and a liquidation price of $2,326. All of this proves how crucial timely intervention is during a rebound.

“Calm Trading King” Struggles and Self-Rescue

Another whale, nicknamed “Calm Trading King,” experienced a liquidation nightmare again today. At 1 a.m., its short position was partially liquidated, losing about $1.52 million, with the account balance dropping below $300,000. Reacting swiftly, this whale adjusted its strategy and shifted to a long position. Currently, its main holdings are: ZEC long $1.65 million, SOL long $750,000, MON long $510,000.

ZEC Short “Disaster Diary”

The largest ZEC short whale on Hyperliquid was not spared either. Today, it continued to adjust its short position, incurring a loss of about $400,000, with an average entry price rising to $419, and an unrealized loss of $5.88 million (loss of -89%). This whale is also the largest holder of MON shorts, with a position size of $5.35 million and a current unrealized loss of $890,000 (-49%).

“25x Leverage Mr.” New Game

There is another whale that favors ultra-high leverage. Today, it couldn’t resist and opened a short ETH position with 25x leverage, a position size of $4.95 million, an average entry price of $3,031, and a liquidation price set at $3,839. Meanwhile, this whale also significantly reduced its HYPE long holdings today, switching to bottom-fishing in the spot market for HYPE.

The fluctuations in these whale activities reflect the current market’s stage of rebound, with different whales facing strategy divergence and adjustments. Some are holding firm in danger, some are entering during the rebound, some are stubbornly holding losses, and others are switching strategies amid volatility. The Hyperliquid contract arena is now playing out a strategic game among the big players.