Original｜Odaily Planet Daily ( @OdailyChina )
Author: Wenser ( @wenser 2010 )
In the recent downward and volatile market, the traders with the most outstanding performance are undoubtedly those who seek excess profits by frequently opening contracts on Hyperliquid. In the ups and downs of mainstream currencies such as BTC and ETH, they always seem to be able to discover the trend direction one step ahead, open orders quickly, close positions accurately and withdraw. Therefore, they are honored with the title of Insider Brother amid the jealous and suspicious discussions in the community.
At present, some retail investors have regarded it as an order opening indicator and have won in actual combat in following orders. In view of this, Odaily Planet Daily will briefly review the operations and onlooker addresses of the profitable whales on the Hyperliquid platform in this article for readers reference.
Hyperliquid becomes the latest gold rush destination: monthly trading volume increases more than 4 times in 6 months
After experiencing the baptism of political meme coins such as TRUMP, MELANIA, and LIBRA, the meme market in the cryptocurrency market has temporarily disappeared, and it has been replaced by the on-chain contract market, which has become the latest gold rush for countless traders.
In early February, Messari reported that Hyperliquids monthly trading volume has increased more than 4 times since October 2024, showing the rapid rise of the platform in the decentralized trading market. Hyperliquid has cultivated a group of high-value, continuously active trading users, becoming the only Layer 1 alternative in the market with a clear core user base.
In late February, Hyperliquid officially announced that the HyperEVM mainnet is now online, introducing universal programmability to Hyperliquids high-performance financial system. The initial release of its mainnet includes: HyperEVM blocks are built as part of L1 execution, inheriting all the security of HyperBFT consensus; spot transfers between native spot HYPE and HyperEVM HYPE; a standardized WHYPE system contract suitable for DeFi applications.
At the same time, on February 22, according to Degen News on the X platform, citing DeFiLlama data, in the past 24 hours, HyperliquidX protocol revenue was 2.46 million US dollars, surpassing pump.fun to rank third, second only to Tether and Circle, the two major stablecoin issuers. It has to be said that perhaps the trend was already apparent at the time.
According to Dune data , as of March 7, Hyperliquid has nearly 400,000 independent users; the cumulative number of transactions has reached 53 billion times; and the platforms cumulative transaction volume has exceeded US$1.9 trillion.
“Binance on the chain” is so scary
Since February, many big investors have made good profits from Hyperliquid, ranging from hundreds of thousands of dollars to tens of millions of dollars. Under the banner of Binance on the Chain, Hyperliquid has become a place for opening orders with good trading depth in the ups and downs of the monkey market.
Inventory of whale insider trading operations: BERA, BTC, ETH, etc. are all within range
Whale operation: Shorting BERA earned $589,000 in 2 hours
In early February, according to Lookonchain monitoring , after BERA went online, a whale earned $589,000 by shorting BERA in less than 2 hours. The whale deposited $1.6 million to Hyperliquid 16 hours ago and shorted BERA at a price of $13, making a profit of $589,000.
Watch address: https://hypurrscan.io/address/0x0eC0A15e5763ED97A85e860fDCCd7D1e082b5AA9
It is worth mentioning that the address is currently cleared.
Whale operation: 50x leverage shorting ETH, with a floating profit of more than 62.4 million US dollars
At the end of February, according to Onchain Lens monitoring , a whale shorted ETH with 50x leverage on HyperLiquid, with a floating profit of more than 62.4 million US dollars at that time.
Watch address: https://hypurrscan.io/address/0x20C2d95a3Dfdca9e9AD12794D5fa6FaD99dA44f5
Currently, the address still has $98 million in contract positions.
Suspected insider: Long ETH and BTC during the sharp drop, ETH position up to 88,500, 24-hour profit of $6.83 million
According to on-chain analyst Aunt Ai’s monitoring, all 88,510 ETH long positions of 50x long users on Hyperliquid have been liquidated and taken profits, and are now starting to take profits in Bitcoin, with 315 BTC left.
The address previously used 6 million USDC as principal to open a long position of over 200 million USD. Among them: ETH: 49,384, opening price 2,196 USD, liquidation price 2,133.9 USD; BTC: 1,260, opening price 85,671 USD, liquidation price 84,629 USD. Subsequently, the address added 914 ETH and 41 BTC to its long position .
Everyone knows the story after that. Trump directly called for orders for XRP, SOL, ADA, BTC, and ETH, saying that he would soon establish a cryptocurrency reserve. Affected by this news, the address once directly made a floating profit of 6.46 million US dollars. Because the timing of opening orders and the liquidation points were too extreme, many people in the market at that time speculated that he might be an insider close to Trump. Although this view was later refuted by Coinbase director Conor Grogan because the source of his funds was phishing scam funds. But the truth is still unknown.
At present, the address has been completely cleared.
Watch address: https://hypurrscan.io/address/0xe4d31c2541A9cE596419879B1A46Ffc7cD202c62
Insider Brother made another move: opened a short order of $13.45 million in Bitcoin
At the beginning of March, according to ai_9684 xtpa monitoring , 20 minutes before the opening of the US stock market, Hyperliquid 50x leverage long BTC and ETH profit of $6.83 million whale opened another $13.45 million BTC short order, still the familiar 50x, still the sensitive time point , but the position was much smaller; the opening price was $93,117.5, the liquidation price was $94,083, and the floating loss was $60,000 at one time. But soon, the address finally successfully left the market with another profit of nearly $300,000 .
Institutional operation: 50x leverage opened a $139 million ETH short order, with a floating profit of $78.19 million
On March 4, according to Hypurrscan data, a whale opened a short position of ETH worth $139 million on Hyperliquid with 50x leverage, with a floating profit of $78.19 million and a liquidation price of 3,507 USDT. Later , it was learned that the position was actually opened by Resolv Labs, the maintenance protocol of the stablecoin USR .
Watch address: https://hypurrscan.io/address/0x20c2d95a3dfdca9e9ad12794d5fa6fad99da44f5
Currently, the contract holdings at this address are worth approximately US$97 million.
Suspected insider hat trick: 50x leverage to open long ETH, profit of $2.15 million in 40 minutes
Just this afternoon, according to monitoring by the on-chain analyst Aunt Ai, Hyperliquid 50x leveraged long BTC and ETH to make a profit of $7.13 million whale recharged 1.95 million USDC as margin, opened a 50x ETH long order, held 27,809 ETH (about 57.88 million US dollars), opened a position at $2,057.49, and liquidated at $2,008.
Soon after he opened the order, ETH rose to $2,149, and he eventually closed all his positions to take profits, making a profit of $2.15 million in less than 40 minutes. So far, he has accumulated a profit of $9.28 million through three leverages.
Watch address: https://hypurrscan.io/address/0xf3F496C9486BE5924a93D67e98298733Bb47057c
Whale operation: 4.06 million USDC opened long BTC, with a floating profit of 589,000 US dollars
On March 6, according to Lookonchain monitoring , a wallet that had been dormant for two years sold 1,863 ETH at an average price of $2,181 and received 4.06 million USDC. The address then deposited 4.06 million USDC into Hyperliquid, and went long on BTC at $89,930 with a 20x leverage, making a floating profit of $589,000, and the liquidation price was $75,186.
Watch address: https://hypurrscan.io/address/0x523b21F469825D0104ac6A3c762a955EeDb75e5B
Summary: Eating meat and drinking soup all depends on hand speed
At present, it seems that the suspected insider has an incredibly high winning rate in long and short operations. His true identity may be a phishing scam hacker, and it is still not ruled out that he is an insider or an accomplice of the whale.
Given that Hyperliquids infrastructure is not yet mature, current followers mostly rely on their hand speed. Odaily Planet Daily reminds you to be cautious when adding leverage when the market trend is unclear, and do a good job of risk control before choosing the big brother.
