Over the last month, James Wynn made $40 million trading perps on Hyperliquid, being the number one perp trader (PnL) on the platform. 50 minutes ago, he used a part of the profit to buy 46K HYPE ($1.1M)

https://hypurrscan.io/address/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6

https://x.com/JamesWynnReal/status/1920543097018278369

Three hours ago, another newly created wallet received 79K HYPE ($1.9M) from Gate, which he is now selling. The execution looks very similar to the person who defended $22 yesterday. He still has around 65K HYPE ($1.6M) left

https://hypurrscan.io/address/0x6747b90ccf6c30adaffeea328883fffe2a2d5bcb

The HYPE shorter deposited another 5M USDC to Hyperliquid, pushing his liquidation price to $30

He is currently short 1.9M HYPE ($47M), with a -UPNL of $9.2M

https://hypurrscan.io/address/0x20b141d3b74779d96b48b966807d719d5dfa08a6

A wallet linked to Abraxas Capital Management just deposited $15M USDC and started shorting SOL, BTC, and ETH

https://hypurrscan.io/address/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

https://www.abraxascm.com/

This person got liquidated for more than $30M on PEPE

HLP took over his position, causing it to make $700K and pushing the APR close to 17%

He also got liquidated on a couple of other coins, resulting in a total loss of $13M over the last 24 hours

https://hypurrscan.io/address/0x880ac484a1743862989a441d6d867238c7aa311c

Hyperliquid just reached a new all-time high in TVL, hitting $2.591 billion

https://arbiscan.io/address/0x2df1c51e09aecf9cacb7bc98cb1742757f163df7

This person sold $6M worth of SOL over the last couple of hours and bridged it to Hyperliquid, where they started TWAPing $4.9M into HYPE

https://hypurrscan.io/address/0x2da375ed27028e791d73ef5faa94a3a4bd0d0d8d

https://solscan.io/account/2QcJDFbfWCz1wjhsAT3PxL9PtKDdxzCZMyJRC5shzvQL

Looks like USDT0 just went live on Hyperliquid. They’re currently testing the USDT0 bridge to HyperEVM and will likely be tradable on Hypercore very soon

https://app.hyperliquid.xyz/trade/0x25faedc3f054130dbb4e4203aca63567

https://hypurrscan.io/address/0x200000000000000000000000000000000000010c

After 2.5 months of no activity, a wallet linked to Arca deposited 262,490 HYPE ($6.55M) into KuCoin 5 hours ago

On this wallet, they are still holding 993,895 HYPE ($24.75M)

https://hypurrscan.io/address/0x992ec71207c9e183e64c81461908f1a1a783af6a

https://www.ar.ca/

Four hours ago, the UNIT deployer address transferred their Solana and Fartcoin on Hypercore to a new address. According to their website, which was updated three hours ago, this appears to be the Solana Treasury address on Hyperliquid. The docs now also include a Solana Treasury address. It looks like they tested deposits and withdrawals between Hypercore and Solana, including both SOL and Fartcoin. With a mainnet upgrade scheduled today between 3 AM and 4 AM UTC, I expect spot SOL/Fartcoin to go live very soon

https://hypurrscan.io/address/0xa822a9ceb6d6cb5b565bd10098abcfa9cf18d748

https://solscan.io/account/9SLPTL41SPsYkgdsMzdfJsxymEANKr5bYoBsQzJyKpKS

https://docs.hyperunit.xyz/developers/key-addresses/mainnet/solana

SmartestMoney sold almost 2 million HYPE and is short 1.875M HYPE ($46.9M) claiming to do so in order to farm the basis

https://x.com/mlmabc/status/1921200610767982819

Wallets linked to x.com/Sasm_88 started dumping large amounts of HYPE

43 hours ago, a 200K HYPE staking withdrawal finalized. 20 minutes ago, he started selling some, totaling 47K HYPE ($1.1M)

3 hours ago, he also transferred 150K HYPE ($3.7M) to another wallet, which he sold entirely

He is still holding 560K HYPE ($13.5M), of which 260K HYPE ($6.3M) is unstaked

https://hypurrscan.io/address/0x10f1d87fbb7617df5641d1c2bcb26f143f43202f

https://hypurrscan.io/address/0x8fcc8f55d7a8cdaee770a9e4112725d4a2c60492

Since this post, a wallet linked to Jae Chung, the founder of Manifold Trading, sent 150k HYPE to Gate and sold 320k HYPE for $6.3M with an avg exit of 19.7. He is still holding around 70k HYPE ($1.65M), which he is currently selling

https://hypurrscan.io/address/0x091144e651b334341eabdbbbfed644ad0100023e

Four hours ago, William Parker (the mysterious Hyperliquid whale) deposited $2.68M to Hyperliquid and shorted 888.888 BTC ($92.5M). He went viral two months ago for shorting over $500M worth of BTC

If you’re not familiar with him, check the linked tweet by ZachXBT

https://hypurrscan.io/address/0x51d99A4022a55CAd07a3c958F0600d8bb0B39921

https://x.com/zachxbt/status/1902713021937426495

Based16z sold 50K HYPE for $1.22M five hours ago at an average price of $24.40

He is still holding 450K HYPE ($11.5M), of which he unstaked 98.3K HYPE ($2.5M) 31 hours ago

https://hypurrscan.io/address/0x34971bc50eb4484505e4a24516c8db843fbef162

https://hypurrscan.io/address/0xc1e7b0174bd771b9b9a106fce446f652a6ae0034

Four days ago, a wallet presumed to be linked to Justin Sun transferred 500K HYPE ($12.6M) to HyperEVM and supplied the entire amount to Hyperlend

https://www.hyperfolio.xyz/0x5de5fc77fa43dda4155ce70edb0be683c0cc03c3

https://hypurrscan.io/address/0x5de5fc77fa43dda4155ce70edb0be683c0cc03c3

After selling over 600K HYPE in April to fund his perps account, where he made $25M, Inga_no has now started buying back HYPE, purchasing 130K ($3.3M) in the last 3 hours.

He currently holds 1.28M HYPE ($32.2M)

https://hypurrscan.io/address/0x4a207d289fd49e60502451099771127bcf35b961

Jez just deposited 2.5M USDC to Hyperliquid and bought 100K HYPE ($2.5M). He is currently holding 450K HYPE ($11.25M)

https://hypurrscan.io/address/0xaa7577a7a27aa7fcf6d0ec481b87df3ad0f6a88e

https://hypurrscan.io/address/0x09d63d136a0a98960cee7835d2f794a89ea71697

Bonkguy, as promised, sent all his Fartcoin (420K, worth $615K) to Hyperliquid

In the last 16 hours, 9.26 million FARTCOIN ($13.3M) and 12.5K SOL ($2.3M) have been bridged over to Hyperliquid

https://hypurrscan.io/address/0x89D1B999Fcf42B1EAC6ed850d0372Fc55F623D08

https://x.com/theunipcs/status/1922415738771362275

I saw lots of posts on the timeline about Abraxas Capital buying ETH. It’s not a directional bet but part of their Elysium Global Arbitrage Fund, which they are known for, meaning the position is market neutral

So why am I saying this? Because they’re using Hyperliquid to hedge a part of the holdings

They deposited $104.9M to Hyperliquid over the last 5 days and shorted $350M notional of ETH, BTC, and SOL

https://hypurrscan.io/address/0x5b5d51203a0f9079f8aeb098a6523a13f298c060

https://hypurrscan.io/address/0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

https://www.abraxascm.com/elysium-global-arbitrage-fund/

twitter.com/Cbb0fe is arbing all Hyperliquid spot assets between Hypercore and HyperEVM, doing over a billion dollars in volume and making over a million dollars in the past month

https://hypurrscan.io/address/0xEFd3Ab65915E35105cAA462442C9ecc1346728DF

https://purrsec.com/address/0xefd3ab65915e35105caa462442c9ecc1346728df