A trader on X discusses a Hyperliquid whale maintaining a long position from $38, with the asset's price approaching $100. The post highlights the significant gains and confidence of the whale holder.
Hyperliquid whale Garrett Jin closed his entire 38,000 ZEC short position, realizing a $35.44 million loss. Jin still holds 202,078 ZEC worth approximately $309.25 million on-chain with estimated $221 million in unrealized profit, as ZEC has surged nearly 225% over the past month.
Abraxas Capital added 13,000 ETH (~$32.4M) to its spot position while maintaining a 141,180 ETH short (~$353M) on Hyperliquid perpetuals. This two-sided positioning likely represents a hedge strategy to capture funding rather than a directional bet against Ethereum.
Hyperliquid whale Garret Jin faces a $33.66 million unrealized loss on his ZEC short position, which serves as a hedge against his 210,000 ZEC holdings worth over $300 million. Zcash has surged nearly 225% in the past month, approaching Jin's liquidation price of $4,792.
A cryptocurrency trader known as 'The Money Ape' posted on X alleging that a Hyperliquid insider opened a $107 million Bitcoin long position with a 100% win rate, gaining $4.2 million in hours. The post suggests the whale may have non-public information.
A post discusses Abraxas Capital as a major market-neutral trader with significant positions in Hyperliquid, shared by Hans Birringer on X.
A trader built HyperPulse, a free real-time monitoring tool for Hyperliquid that displays large trades and liquidations as they occur, helping traders avoid being blindsided by whale movements that cause price dumps and liquidation cascades.