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BTCETHSOLHYPEXRPAAVEZECNEAR
Observed Hyperliquid wallet · BTC position history

BTC wallet #40 opened a $1.2M short

0x114dc2c90b61ef68b6ccb45d8e9902609cb08f9d

Research the observed state, material changes and coverage for this wallet-market pair. A wallet record describes what was observed; it does not identify the owner or predict the market.

How to investigate a Hyperliquid wallet →
short BTCWatch this wallet
Latest attempt Observed successfully20.3% observed at that changeFixed wallet frameHow to read this →
Stable research record

Cite or save this observation

The page keeps the wallet, observation window, coverage and source together so a reader—or an AI system—can verify the claim.

Isobath, BTC wallet record for 0x114dc2c90b61ef68b6ccb45d8e9902609cb08f9d. Observation window: 2026-09-09 19:57:24.609Z–2026-09-10 01:57:04.623Z. Coverage at the change: 17.1%. Observed rank after the change: #40. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/btc/wallets/0x114dc2c90b61ef68b6ccb45d8e9902609cb08f9d?event=evt_6473c01713a4715d3dba300f
Read the methodology →Browse research →
Selected change

Opened a position

top-100 observed BTC wallet

+$1.2M
$0.0 → $1.2M #40 by observed BTC exposure 0.24% of observed exposure

Structural position change: position opened.

→ · event ID evt_6473c01713a4715d3dba300f
Latest material actionOpened a position$0.00 → $1,001,634.00
Account value$392,262.67
Free collateral$0.00
Margin used$393,396.00
Current observed position

BTC short

$1.0M
Size-12.0
Entry$83,361.00
Liquidation$165,398.71
Leverage3× cross
Unrealized PnL-$2,879.58

Recent behavior: this wallet has opened a position, closed a position, increased exposure and reduced exposure in BTC over the last 27 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 35 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$336.5K
This change3.5× typical
Same-direction prior changes21
Same direction in current frame255 of 477

A similarly sized change in the same direction was observed on 24 September 2026.

This is unusually large relative to the wallet's recorded changes. The comparison is limited to observed history.

Wallet record

Observed behaviour

Counts from this wallet's stored changes in BTC. They describe what was observed, not why it happened.

Position changes36
Opened / closed14 / 13
Increased / reduced8 / 1
Flips0
Collateral changes0
Largest observed moveunavailable
Observed account capacity

Current account snapshot

Latest successful values from the wallet record. No collateral change is claimed where none was recorded.

Withdrawable collateral$0.00
Account value$392,262.67
Margin used$393,396.00
Recorded
Observed account state

Risk posture changes

Isobath records these account values alongside each position event. They show how the observed account state changed; they do not predict liquidation or explain intent.

Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Increased exposureBTC account state
Liquidation price$321,219.87 → $273,391.39Account value+$1.2KMaintenance margin+$1.6K
· observed state change
Increased exposureBTC account state
Liquidation price$321,221.78 → $281,651.55Account value−$190.5Maintenance margin+$1.3K
· observed state change
Increased exposureBTC account state
Liquidation price$363,435.63 → $321,216.07Account value+$29.4KMaintenance margin+$914.2
· observed state change
Reduced exposureBTC account state
Liquidation price$212,468.41 → $321,214.34Account value+$39.3KMaintenance margin−$4.2K
· observed state change
Increased exposureBTC account state
Liquidation price$431,241.98 → $363,435.63Account value+$151.0KMaintenance margin+$1.4K
· observed state change
Increased exposureBTC account state
Liquidation price$404,539.59 → $431,241.98Account value+$39.0KMaintenance margin+$813.8
· observed state change
Increased exposureBTC account state
Liquidation price$590,199.28 → $404,539.59Account value+$35.5KMaintenance margin+$1.3K
· observed state change
Position over time

Observed BTC exposure

Long above zero. Short below zero. Failed observations remain visible gaps rather than invented continuity. Markers connect changes to the nearest preserved observation -- select one to jump to its exact values below.

Selected comparison beganSelected comparison ended$0.0 flat · 24 Aug, 16:38$0.0 flat · 24 Aug, 22:38$0.0 flat · 25 Aug, 04:38$0.0 flat · 25 Aug, 10:38$0.0 flat · 25 Aug, 16:38$0.0 flat · 25 Aug, 22:38$0.0 flat · 26 Aug, 04:38$0.0 flat · 26 Aug, 10:38$0.0 flat · 26 Aug, 16:38$0.0 flat · 26 Aug, 22:38$0.0 flat · 27 Aug, 04:38$0.0 flat · 27 Aug, 10:38$0.0 flat · 27 Aug, 16:38$0.0 flat · 27 Aug, 22:38$0.0 flat · 28 Aug, 04:39$0.0 flat · 28 Aug, 10:39$0.0 flat · 28 Aug, 16:39$116.5K short · 28 Aug, 22:39$116.4K short · 29 Aug, 04:39$116.5K short · 29 Aug, 10:39$0.0 flat · 29 Aug, 16:39$0.0 flat · 29 Aug, 22:39$0.0 flat · 30 Aug, 04:39$0.0 flat · 30 Aug, 10:39$0.0 flat · 30 Aug, 16:39$0.0 flat · 30 Aug, 22:39$0.0 flat · 31 Aug, 04:39$0.0 flat · 31 Aug, 10:39$392.8K long · 31 Aug, 16:39$393.4K long · 31 Aug, 22:39$393.8K long · 1 Sept, 04:39$390.9K long · 1 Sept, 10:39$542.9K short · 1 Sept, 16:39$0.0 flat · 1 Sept, 22:39$0.0 flat · 2 Sept, 04:40$76.5K short · 2 Sept, 10:40$619.1K long · 2 Sept, 16:40$616.9K long · 2 Sept, 22:40$620.6K long · 3 Sept, 04:40$620.0K long · 3 Sept, 10:40$646.5K long · 3 Sept, 16:40$648.8K long · 3 Sept, 22:40$648.0K long · 4 Sept, 04:40$648.7K long · 4 Sept, 10:40$0.0 flat · 4 Sept, 16:40$0.0 flat · 4 Sept, 22:40$0.0 flat · 5 Sept, 04:40$0.0 flat · 5 Sept, 10:40$0.0 flat · 5 Sept, 16:40$0.0 flat · 5 Sept, 22:40$0.0 flat · 6 Sept, 04:40$0.0 flat · 6 Sept, 10:40$0.0 flat · 6 Sept, 16:40$0.0 flat · 6 Sept, 22:40$0.0 flat · 7 Sept, 04:40$0.0 flat · 7 Sept, 10:40$0.0 flat · 7 Sept, 16:40$0.0 flat · 7 Sept, 22:40$0.0 flat · 8 Sept, 04:40$0.0 flat · 8 Sept, 10:40$0.0 flat · 8 Sept, 16:40$0.0 flat · 8 Sept, 22:40$0.0 flat · 9 Sept, 04:40$0.0 flat · 9 Sept, 10:40$0.0 flat · 9 Sept, 16:40$0.0 flat · 9 Sept, 19:04$1.2M short · 10 Sept, 01:04$0.0 flat · 10 Sept, 10:44$856.4K short · 10 Sept, 16:44$518.2K short · 10 Sept, 22:44$519.7K short · 11 Sept, 04:44$645.2K short · 11 Sept, 10:44$0.0 flat · 11 Sept, 16:44$0.0 flat · 11 Sept, 22:44$0.0 flat · 12 Sept, 04:44$0.0 flat · 12 Sept, 10:44$0.0 flat · 12 Sept, 16:44$0.0 flat · 12 Sept, 22:44$0.0 flat · 13 Sept, 04:44$0.0 flat · 13 Sept, 10:44$0.0 flat · 13 Sept, 16:44$0.0 flat · 13 Sept, 22:44$0.0 flat · 14 Sept, 04:44$0.0 flat · 14 Sept, 10:44$0.0 flat · 14 Sept, 16:44$0.0 flat · 14 Sept, 22:44$0.0 flat · 15 Sept, 04:44$0.0 flat · 15 Sept, 10:44$0.0 flat · 15 Sept, 16:44$0.0 flat · 15 Sept, 22:44$0.0 flat · 16 Sept, 04:44$0.0 flat · 16 Sept, 10:44$0.0 flat · 16 Sept, 16:44$0.0 flat · 16 Sept, 22:44$0.0 flat · 17 Sept, 04:44$0.0 flat · 17 Sept, 06:57$0.0 flat · 17 Sept, 12:57$0.0 flat · 17 Sept, 18:57$0.0 flat · 18 Sept, 00:57$0.0 flat · 18 Sept, 06:57$0.0 flat · 18 Sept, 12:57$0.0 flat · 18 Sept, 18:57$0.0 flat · 19 Sept, 00:57$0.0 flat · 19 Sept, 06:57$0.0 flat · 19 Sept, 12:58$0.0 flat · 19 Sept, 18:58$0.0 flat · 20 Sept, 06:58$0.0 flat · 20 Sept, 12:58$0.0 flat · 21 Sept, 00:58$0.0 flat · 21 Sept, 06:58$0.0 flat · 21 Sept, 12:58$0.0 flat · 21 Sept, 18:58$0.0 flat · 22 Sept, 00:58$0.0 flat · 22 Sept, 06:58$0.0 flat · 22 Sept, 12:58$0.0 flat · 22 Sept, 18:58$0.0 flat · 23 Sept, 00:58$0.0 flat · 23 Sept, 06:58$0.0 flat · 23 Sept, 12:58$0.0 flat · 23 Sept, 18:58$0.0 flat · 24 Sept, 00:58$0.0 flat · 24 Sept, 06:58$1.0M short · 24 Sept, 12:58Opened a position, 24 Sept: $0.00 to $1,001,634.00Closed a position, 11 Sept: $651,048.65 to $0.00Closed a position, 11 Sept: $652,347.71 to $0.00Increased exposure, 11 Sept: $519,111.26 to $645,165.19Increased exposure, 11 Sept: $521,053.39 to $621,501.14Increased exposure, 11 Sept: $440,508.24 to $516,400.37Reduced exposure, 10 Sept: $854,663.91 to $518,146.94Increased exposure, 10 Sept: $327,150.51 to $443,482.26Increased exposure, 10 Sept: $263,104.98 to $327,799.77Increased exposure, 10 Sept: $155,954.44 to $262,764.39Opened a position, 10 Sept: $0.00 to $155,982.74Opened a position, 10 Sept: $0.00 to $856,332.39Closed a position, 10 Sept: $1,169,887.50 to $0.00Closed a position, 10 Sept: $1,171,702.50 to $0.00Opened a position, 10 Sept: $0.00 to $1,174,357.50Closed a position, 10 Sept: $1,177,207.50 to $0.00Opened a position, 10 Sept: $0.00 to $1,170,682.50Opened a position, 10 Sept: $0.00 to $1,172,152.50Closed a position, 4 Sept: $637,948.00 to $0.00Closed a position, 4 Sept: $635,044.00 to $0.00Opened a position, 3 Sept: $0.00 to $648,892.00Opened a position, 3 Sept: $0.00 to $646,676.00Closed a position, 2 Sept: $77,390.00 to $0.00Closed a position, 2 Sept: $310,062.00 to $0.00Increased exposure, 2 Sept: $231,850.50 to $347,775.75Increased exposure, 2 Sept: $115,223.25 to $230,446.50Opened a position, 2 Sept: $0.00 to $115,274.25Opened a position, 2 Sept: $0.00 to $76,529.50Closed a position, 1 Sept: $540,011.50 to $0.00Closed a position, 1 Sept: $540,718.50 to $0.00Opened a position, 1 Sept: $0.00 to $539,577.50Opened a position, 1 Sept: $0.00 to $542,209.50Closed a position, 29 Aug: $116,931.75 to $0.00Closed a position, 29 Aug: $116,822.25 to $0.00Opened a position, 29 Aug: $0.00 to $116,787.75Opened a position, 28 Aug: $0.00 to $116,426.25LONG · $1.2M0SHORT · $1.2M24 Aug24 Sept
Hover, tap, or tab to a point for its exact value.
123 fixed-frame observationsAmber markers show the selected comparison · Observed points only · gaps are not interpolated
Collateral over time

Observed available collateral

Withdrawable balance at each preserved observation. A movement is not labelled a deposit or withdrawal without ledger evidence. Gaps are not interpolated.

$151.1 available · 24 Aug, 16:38$10.9 available · 24 Aug, 22:38$0.0 available · 25 Aug, 04:38$38.5 available · 25 Aug, 10:38$214.1 available · 25 Aug, 16:38$0.0 available · 25 Aug, 22:38$2.9K available · 26 Aug, 04:38$0.0 available · 26 Aug, 10:38$154.4 available · 26 Aug, 16:38$0.0 available · 26 Aug, 22:38$0.0 available · 27 Aug, 04:38$0.0 available · 27 Aug, 10:38$1.7K available · 27 Aug, 16:38$486.9 available · 27 Aug, 22:38$0.0 available · 28 Aug, 04:39$0.0 available · 28 Aug, 10:39$0.0 available · 28 Aug, 16:39$0.0 available · 28 Aug, 22:39$0.0 available · 29 Aug, 04:39$35.7 available · 29 Aug, 10:39$0.0 available · 29 Aug, 16:39$0.0 available · 29 Aug, 22:39$0.0 available · 30 Aug, 04:39$0.0 available · 30 Aug, 10:39$150.0 available · 30 Aug, 16:39$0.0 available · 30 Aug, 22:39$0.0 available · 31 Aug, 04:39$0.0 available · 31 Aug, 10:39$151.8 available · 31 Aug, 16:39$0.0 available · 31 Aug, 22:39$0.0 available · 1 Sept, 04:39$0.0 available · 1 Sept, 10:39$951.7 available · 1 Sept, 16:39$0.0 available · 1 Sept, 22:39$0.0 available · 2 Sept, 04:40$1.3K available · 2 Sept, 10:40$0.0 available · 2 Sept, 16:40$0.0 available · 2 Sept, 22:40$642.1 available · 3 Sept, 04:40$0.0 available · 3 Sept, 10:40$0.0 available · 3 Sept, 16:40$0.0 available · 3 Sept, 22:40$0.0 available · 4 Sept, 04:40$42.7 available · 4 Sept, 10:40$0.0 available · 4 Sept, 16:40$0.0 available · 4 Sept, 22:40$0.0 available · 5 Sept, 04:40$0.0 available · 5 Sept, 10:40$1.4K available · 5 Sept, 16:40$0.0 available · 5 Sept, 22:40$6.6 available · 6 Sept, 04:40$8.9 available · 6 Sept, 10:40$1.2K available · 6 Sept, 16:40$3.2K available · 6 Sept, 22:40$0.0 available · 7 Sept, 04:40$2.1K available · 7 Sept, 10:40$1.6K available · 7 Sept, 16:40$0.0 available · 7 Sept, 22:40$0.0 available · 8 Sept, 04:40$0.0 available · 8 Sept, 10:40$4.7K available · 8 Sept, 16:40$0.0 available · 8 Sept, 22:40$0.0 available · 9 Sept, 04:40$304.8 available · 9 Sept, 10:40$4.3K available · 9 Sept, 16:40$117.7 available · 9 Sept, 19:04$945.9 available · 10 Sept, 01:04$0.0 available · 10 Sept, 10:44$0.0 available · 10 Sept, 16:44$4.4K available · 10 Sept, 22:44$2.4K available · 11 Sept, 04:44$4.0K available · 11 Sept, 10:44$2.9K available · 11 Sept, 16:44$0.0 available · 11 Sept, 22:44$0.0 available · 12 Sept, 04:44$0.0 available · 12 Sept, 10:44$0.0 available · 12 Sept, 16:44$0.0 available · 12 Sept, 22:44$0.0 available · 13 Sept, 04:44$0.0 available · 13 Sept, 10:44$0.0 available · 13 Sept, 16:44$0.0 available · 13 Sept, 22:44$0.0 available · 14 Sept, 04:44$0.0 available · 14 Sept, 10:44$0.0 available · 14 Sept, 16:44$0.0 available · 14 Sept, 22:44$0.0 available · 15 Sept, 04:44$0.0 available · 15 Sept, 10:44$0.0 available · 15 Sept, 16:44$0.0 available · 15 Sept, 22:44$0.0 available · 16 Sept, 04:44$0.0 available · 16 Sept, 10:44$1.0K available · 16 Sept, 16:44$0.0 available · 16 Sept, 22:44$0.0 available · 17 Sept, 04:44$0.0 available · 17 Sept, 06:57$0.0 available · 17 Sept, 12:57$33.0 available · 17 Sept, 18:57$1.7K available · 18 Sept, 00:57$19.7K available · 18 Sept, 06:57$4.9K available · 18 Sept, 12:57$0.0 available · 18 Sept, 18:57$1.5K available · 19 Sept, 00:57$481.4 available · 19 Sept, 06:57$1.5K available · 19 Sept, 12:58$0.0 available · 19 Sept, 18:58$1.2K available · 20 Sept, 06:58$0.0 available · 20 Sept, 12:58$19.4K available · 21 Sept, 00:58$15.7K available · 21 Sept, 06:58$998.2 available · 21 Sept, 12:58$0.0 available · 21 Sept, 18:58$0.0 available · 22 Sept, 00:58$0.0 available · 22 Sept, 06:58$1.6K available · 22 Sept, 12:58$0.0 available · 22 Sept, 18:58$19.2K available · 23 Sept, 00:58$217.5 available · 23 Sept, 06:58$0.0 available · 23 Sept, 12:58$0.0 available · 23 Sept, 18:58$0.0 available · 24 Sept, 00:58$3.9K available · 24 Sept, 06:58$0.0 available · 24 Sept, 12:58$19.7K024 Aug24 Sept
Hover, tap, or tab to a point for its exact value.
123 fixed-frame observationsObserved points only · gaps are not interpolated
Change history

Material changes

Ordered chronologically, newest first. Only observed changes above the material threshold. No identity, intent or trading skill is inferred.

Opened a positionLatest
$0.00 → $1,001,634.00
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$651,048.65 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$652,347.71 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Increased exposure
$519,111.26 → $645,165.19
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$521,053.39 → $621,501.14
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$440,508.24 → $516,400.37
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$854,663.91 → $518,146.94
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$327,150.51 → $443,482.26
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$263,104.98 → $327,799.77
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$155,954.44 → $262,764.39
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $155,982.74
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $856,332.39
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$1,169,887.50 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$1,171,702.50 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $1,174,357.50
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$1,177,207.50 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $1,170,682.50
Structural position change — position opened
→ · fixed wallet frame
Opened a positionSelected
$0.00 → $1,172,152.50
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$637,948.00 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$635,044.00 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Account funding

Money in and out

Deposits and withdrawals recorded for this wallet, newest first. Transfers between the owner's own accounts are excluded — moving funds from spot to perp is not money arriving. These describe observed movement only, never a reason for it.

Money leftsend
−$20.0K
· observed account movement
Money leftsend
−$3.0K
· observed account movement
Money leftwithdraw
−$25.0K
· observed account movement
Money leftsend
−$2.0K
· observed account movement
Money leftsend
−$1.2K
· observed account movement
Money leftsend
−$3.0K
· observed account movement
Money leftsend
−$12.0K
· observed account movement
Money leftsend
−$2.0K
· observed account movement