The whale who sold 5.07M HYPE three weeks ago and rotated part of it into Aster just withdrew $20.8M USDT₀ from Aster over the past few hours, bridged it back to Hyperliquid, and bought 143.98 BTC ($16.7M).

The final 2 BTC ($232K) buy wicked spot BTC on Hyperliquid up 2.5% to $108,500.

https://hypurrscan.io/address/0x21790564e64c1d98311f5220447a23dba166b17f

https://arbiscan.io/address/0x21790564e64c1d98311f5220447a23dba166b17f#tokentxns

The Hyperfoundation just sold 51K HYPE ($1.73M) OTC.

This wallet received HYPE from another wallet labeled as the Hyper Foundation Budget Wallet, and then distributed it to three buyer wallets - part of their regular OTC sales to cover operating expenses. They’ve now sold a total of 326.547 HYPE ($11.6M) OTC since TGE.

If you want to understand the difference between HyperLabs and the Hyperfoundation, I’d recommend reading this thread from Wassielawyer: https://x.com/wassielawyer/status/1850551931393151123

https://hypurrscan.io/address/0x7bca0bede8347872e45d9995feaeba6a3c6e6a3c

Technorevenant withdrew 120K HYPE ($4.2M) from Hyperlend about 45 minutes ago, sent it to Hypercore, and sold everything within 3 minutes - pushing prices down by 2%.

https://hypurrscan.io/address/0x7a80175a1d80bd5e9b938b25bf563ddd8c7d4245

He then withdrew the USDC proceeds, bridged them to USDT on a new wallet on Ethereum, and finally deposited $1M USDT into Safe Trade Exchange.

https://etherscan.io/address/0x0ed1eebf6beaa56f711d893b70f8857c29e01da3

MLM found a pretty weird cluster on Hyperliquid holding 4,363,073 HYPE ($158.2M) putting the cluster among the top 10 holders.

https://x.com/mlmabc/status/1979669770237628678

The BTC whale just moved 3,000 BTC ($320M) to a new wallet.

https://mempool.space/tx/f16801096c59c088e38a365df4cefee6962d45638a7f866a99f3f641a44350bf

He did the same three days ago with 2,000 BTC ($222M) - which was later distributed across multiple wallets that appear to be linked to CEXs and OTC desks.

https://mempool.space/tx/6ce97cb4ca2258f58c5707ab07fdc2aa9c0eca706e426a9c530f4c94ee019670

In the wallet, he’s still holding 24.3K BTC, currently valued at $2.6B.

A newly created wallet withdrew 3M USDC from KuCoin over the past two days, deposited it to Hyperliquid, and opened $41M worth of ENA longs across two wallets while shorting $20M in ETH and $22M in BTC.

https://hypurrscan.io/address/0x579f4017263b88945d727a927bf1e3d061fee5ff

https://hypurrscan.io/address/0x3eca9823105034b0d580dd722c75c0c23829a3d9

https://arbiscan.io/address/0x579f4017263b88945d727a927bf1e3d061fee5ff#tokentxns

My thoughts on the big HYPE clusters I recently mentioned in my channel - take it with a grain of salt. It’s just a theory, nothing confirmed.

https://x.com/mlmabc/status/1979876165847244821

The BTC whale is back on Hyperliquid - he just deposited $30M USDC and opened a 700 BTC short ($76M).

https://x.com/mlmabc/status/1979996466211864958

The 2.56M HYPE ($99M) cluster that unstaked all its HYPE this week just sold 409K HYPE ($15.9M) from one wallet about 2 hours ago - and rotated everything back into SOL, buying 81.1K SOL ($15.7M).

https://hypurrscan.io/address/0x518c447fa619f07e720a97a745e630c40b36083e

https://solscan.io/account/5XgbLyoMBCeEm73y5JBcFDFn9GqtwumY88uBvZUxaabW

He’s still holding 2.15M HYPE ($83M) across 6 wallets, all of which were unstaked earlier this week.

https://hypurrscan.io/address/0x00f5da329d61371ffa39680b4d226bcba46e406e

https://hypurrscan.io/address/0x756bde7e4726e0bb1cfbae3de3d3cc46b13d6441

https://hypurrscan.io/address/0x3c238634776662eae51dbb98ff7b624eb4cb5789

https://hypurrscan.io/address/0xa7067e68855944b6997d01a4b80b348fa47bfa5e

https://hypurrscan.io/address/0x2058bcf5cecbac4ac91393fe18655ea338979797

https://hypurrscan.io/address/0xea8f34a15f523523728291aa7ac4d758da013dc1

The wallet linked to Andrew Kang also got liquidated on the same trade this morning for roughly $66.1M notional, including 26.4M ENA ($12.5M), 9K ETH ($36.5M), and 155 BTC ($17.1M).

After checking his withdrawals, I noticed he deposited the exact same amount that the other wallet received into KuCoin, directly linking the two wallets.

This confirms he’s been liquidated for a total of $151.1M notional over the past few hours - all from the same trade: long ENA, short BTC and ETH.

https://hypurrscan.io/address/0x0b5488eadf81e259963a748f4455844fe621c2d5

$SWAP (Hyperswap) to go live on HyperEVM in 30 minutes from now at 8:30 p.m. UTC.

https://x.com/HyperSwapX/status/1980363400015417610

The 2.56M HYPE ($91M) cluster started selling again.

He sold 388K HYPE ($13.8M) about 2 hours ago and is currently selling another 314K HYPE ($11.2M) on a different wallet.

https://hypurrscan.io/address/0x00f5da329d61371ffa39680b4d226bcba46e406e

https://hypurrscan.io/address/0x756bde7e4726e0bb1cfbae3de3d3cc46b13d6441

He’s using the USDC proceeds to bridge to Solana and buy SOL.

https://solscan.io/account/5XgbLyoMBCeEm73y5JBcFDFn9GqtwumY88uBvZUxaabW

The execution is bizarre - selling in $200–300K clips, causing visible chart damage and massive slippage. Pretty terrible execution for a nine-figure HYPE whale.

He still has 1.418M HYPE ($50.5M) left across 4 wallets.

https://hypurrscan.io/address/0x3c238634776662eae51dbb98ff7b624eb4cb5789

https://hypurrscan.io/address/0xa7067e68855944b6997d01a4b80b348fa47bfa5e

https://hypurrscan.io/address/0x2058bcf5cecbac4ac91393fe18655ea338979797

https://hypurrscan.io/address/0xea8f34a15f523523728291aa7ac4d758da013dc1

Over the past two weeks, a newly created wallet withdrew $14.9M USDC from Coinbase and Binance, and deposited it to Hyperliquid.

He then used the funds to buy the dip - going long 846K HYPE ($32.3M) at an average entry of $39.17.

https://hypurrscan.io/address/0x082e843a431aef031264dc232693dd710aedca88

The BTC whale shorted more and is now short 2000 BTC ($225M).

https://x.com/mlmabc/status/1980682196550820347?s=46

He also just moved 3K BTC ($335M) to Binance - just days after transferring 3K BTC to Coinbase and another 3K BTC to a separate wallet.


https://x.com/mlmabc/status/1980707900625399810?s=46

The 2.56M HYPE ($89M) cluster started selling again.

He sold 557K HYPE ($19.3M) over the past few hours and rotated the proceeds back into SOL.

https://hypurrscan.io/address/0x3c238634776662eae51dbb98ff7b624eb4cb5789

https://hypurrscan.io/address/0xa7067e68855944b6997d01a4b80b348fa47bfa5e

https://solscan.io/account/5XgbLyoMBCeEm73y5JBcFDFn9GqtwumY88uBvZUxaabW

He’s now holding just 871K HYPE ($30.2M), meaning he has sold around 66% of this cluster.

https://hypurrscan.io/address/0xa7067e68855944b6997d01a4b80b348fa47bfa5e

https://hypurrscan.io/address/0x2058bcf5cecbac4ac91393fe18655ea338979797

https://hypurrscan.io/address/0xea8f34a15f523523728291aa7ac4d758da013dc1

Kinetiq has announced KNTQ, the governance token of the Kinetiq protocol. Airdropping 24% to kpoints holders.

https://x.com/kinetiqfnd/status/1981005133275373603?s=46

The BTC whale just closed 700 BTC ($76M) out of his 2K BTC ($216M) short.

https://x.com/mlmabc/status/1981012021404672338?s=46

An hour ago, $ENA wicked down 10% in just 2 minutes, liquidating the wallets linked to Andrew Kang on Hyperliquid (again).

He was liquidated for a total of $47.38M on ENA - with roughly $8.5M of that backstop liquidated.

https://x.com/mlmabc/status/1981029446778785804