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BTCETHSOLHYPEXRPAAVEZECNEAR
Observed Hyperliquid wallet · BTC position history

BTC wallet #205 added available collateral

0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf

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 →
long BTCWatch this wallet
Latest attempt Observed successfully19.8% 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 0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf. Observation window: 2026-09-24 01:50:57.998Z–2026-09-24 07:51:22.625Z. Coverage at the change: 20.5%. Observed rank after the change: #205. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/btc/wallets/0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf?event=evt_5f5e24af5cdabeb0681863fb
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Selected change

Available collateral increased

Observed BTC wallet

+$88.2K-41.8%
$103.2K → $191.4K #205 by observed BTC exposure 0.01% of observed exposure

Material observed change: ranked by absolute material change.

→ · event ID evt_5f5e24af5cdabeb0681863fb
Latest material actionAvailable collateral decreased$226,009.97 → $142,598.20
Account value$524,707.03
Free collateral$48,500.92
Margin used$202,120.23
Current observed position

BTC long

$7.5K
Size0.08927
Entry$83,725.10
Liquidationunavailable
Leverage10× cross
Unrealized PnL$17.31

Recent behavior: this wallet has opened a position, reduced exposure and increased exposure in BTC over the last 32 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 7 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$75.9K
This change0.3× typical
Same-direction prior changes3
Same direction in current frame274 of 451

This is within the range of 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 changes7
Opened / closed2 / 0
Increased / reduced2 / 3
Flips0
Collateral changes16
Largest observed moveunavailable
Observed account capacity

Collateral at the latest recorded change

Snapshot values from the wallet record. They describe observed account state, not a liquidation forecast.

Withdrawable collateral$226,009.97 → $142,598.20
Account value$585,609.97 → $610,955.71
Maintenance margin$109,047.90 → $99,017.93
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.

Available collateral decreasedBTC account state
Liquidation price$3,004,032.84 → $5,532,821.05Account value+$25.3KMaintenance margin−$10.0K
· observed state change
Available collateral increasedBTC account state
Liquidation price$688,515.98 → $1,289,705.21Account value+$19.6KMaintenance margin−$49.0K
· observed state change
Available collateral decreasedBTC account state
Liquidation price$735,046.17 → $739,458.88Account value+$1.2KMaintenance margin+$1.8K
· observed state change
Available collateral decreasedBTC account state
Liquidation price$713,686.63 → $745,017.92Account value−$15.7KMaintenance margin+$5.0K
· observed state change
Available collateral increasedBTC account state
Liquidation price$716,255.90 → $735,046.17Account value+$440.9Maintenance margin−$8.5K
· observed state change
Available collateral increasedBTC account state
Liquidation price$646,400.85 → $716,255.90Account value+$45.0KMaintenance margin−$4.9K
· observed state change
Available collateral decreasedBTC account state
Liquidation price$660,560.12 → $646,400.85Account value−$40.5KMaintenance margin+$362.4
· observed state change
Available collateral increasedBTC account state
Liquidation price$702,276.42 → $713,686.63Account value+$9.4KMaintenance margin+$2.0K
· observed state change
Available collateral decreasedBTC account state
Liquidation price$772,681.22 → $686,212.14Account value−$45.2KMaintenance margin+$25.5K
· observed state change
Available collateral decreasedBTC account state
Liquidation price$718,210.37 → $735,000.98Account value−$11.2KMaintenance margin−$20.2K
· 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$2.2K short · 24 Aug, 16:41$562.0 long · 24 Aug, 22:41$8.1K long · 25 Aug, 04:41$8.1K long · 25 Aug, 10:41$5.2K long · 25 Aug, 16:41$11.0K long · 25 Aug, 22:41$9.1K long · 26 Aug, 04:41$12.3K long · 26 Aug, 10:41$12.4K long · 26 Aug, 16:41$14.3K long · 26 Aug, 22:41$12.0K long · 27 Aug, 04:41$13.8K long · 27 Aug, 10:41$13.3K long · 27 Aug, 16:41$12.4K long · 27 Aug, 22:41$14.6K long · 28 Aug, 04:41$14.0K long · 28 Aug, 10:41$16.5K long · 28 Aug, 16:41$17.3K long · 28 Aug, 22:41$18.2K long · 29 Aug, 04:42$18.5K long · 29 Aug, 10:42$17.8K long · 29 Aug, 16:42$18.4K long · 29 Aug, 22:42$19.0K long · 30 Aug, 04:42$19.0K long · 30 Aug, 10:42$16.7K long · 30 Aug, 16:42$17.8K long · 30 Aug, 22:42$27.3K long · 31 Aug, 04:42$26.8K long · 31 Aug, 10:42$26.8K long · 31 Aug, 16:42$25.9K long · 31 Aug, 22:42$29.9K long · 1 Sept, 04:42$30.6K long · 1 Sept, 10:42$30.9K long · 1 Sept, 16:42$31.1K long · 1 Sept, 22:42$31.3K long · 2 Sept, 04:42$31.5K long · 2 Sept, 10:42$23.6K long · 2 Sept, 16:42$23.5K long · 2 Sept, 22:42$22.6K long · 3 Sept, 04:42$22.4K long · 3 Sept, 10:43$29.4K long · 3 Sept, 16:43$26.0K long · 3 Sept, 22:43$26.4K long · 4 Sept, 04:43$25.7K long · 4 Sept, 10:43$21.8K long · 4 Sept, 16:43$22.4K long · 4 Sept, 22:43$22.3K long · 5 Sept, 04:43$22.4K long · 5 Sept, 10:43$22.5K long · 5 Sept, 16:43$22.4K long · 5 Sept, 22:43$22.5K long · 6 Sept, 04:43$22.5K long · 6 Sept, 10:43$22.4K long · 6 Sept, 16:43$22.5K long · 6 Sept, 22:43$22.4K long · 7 Sept, 04:43$23.2K long · 7 Sept, 10:43$23.6K long · 7 Sept, 16:43$23.9K long · 7 Sept, 22:43$24.0K long · 8 Sept, 04:43$24.1K long · 8 Sept, 10:43$24.1K long · 8 Sept, 16:43$24.0K long · 8 Sept, 22:43$24.2K long · 9 Sept, 04:43$23.2K long · 9 Sept, 10:43$22.5K long · 9 Sept, 16:43$22.4K long · 9 Sept, 19:07$22.4K long · 10 Sept, 01:07$22.2K long · 10 Sept, 10:47$21.3K long · 10 Sept, 16:47$21.2K long · 10 Sept, 22:46$21.3K long · 11 Sept, 04:46$36.1K long · 11 Sept, 10:47$43.1K long · 11 Sept, 16:47$43.3K long · 11 Sept, 22:46$42.7K long · 12 Sept, 04:47$42.8K long · 12 Sept, 10:46$42.7K long · 12 Sept, 16:47$43.3K long · 12 Sept, 22:47$43.0K long · 13 Sept, 04:47$42.7K long · 13 Sept, 10:46$42.4K long · 13 Sept, 16:47$42.1K long · 13 Sept, 22:47$42.7K long · 14 Sept, 04:46$42.8K long · 14 Sept, 10:47$43.2K long · 14 Sept, 16:47$43.2K long · 14 Sept, 22:47$46.2K long · 15 Sept, 04:47$44.2K long · 15 Sept, 10:47$42.9K long · 15 Sept, 16:47$27.8K long · 15 Sept, 22:47$27.9K long · 16 Sept, 04:47$27.9K long · 16 Sept, 10:47$27.1K long · 16 Sept, 16:47$27.0K long · 16 Sept, 22:47$27.2K long · 17 Sept, 04:47$27.2K long · 17 Sept, 07:00$27.3K long · 17 Sept, 13:00$27.2K long · 17 Sept, 19:00$27.3K long · 18 Sept, 01:00$28.2K long · 18 Sept, 07:00$28.4K long · 18 Sept, 13:00$17.2K long · 18 Sept, 19:00$17.3K long · 19 Sept, 01:00$17.2K long · 19 Sept, 07:00$17.3K long · 19 Sept, 13:00$18.4K long · 19 Sept, 19:00$18.1K long · 20 Sept, 07:01$19.1K long · 20 Sept, 13:00$18.8K long · 21 Sept, 01:01$19.6K long · 21 Sept, 07:01$73.7K short · 21 Sept, 13:01$73.2K short · 21 Sept, 19:01$68.0K short · 22 Sept, 01:01$67.6K short · 22 Sept, 07:01$67.4K short · 22 Sept, 13:01$67.2K short · 22 Sept, 19:01$66.8K short · 23 Sept, 01:01$66.7K short · 23 Sept, 07:01$65.7K short · 23 Sept, 13:01$59.0K short · 23 Sept, 19:01$58.6K short · 24 Sept, 01:01$33.9K short · 24 Sept, 07:01$13.5K short · 24 Sept, 13:01$7.8K short · 24 Sept, 19:01$7.7K short · 25 Sept, 01:01$7.8K short · 25 Sept, 07:01$159.4 long · 25 Sept, 13:01$8.0K long · 25 Sept, 19:02$7.5K long · 26 Sept, 01:01Available collateral decreased, 24 Sept: $226,009.97 to $142,598.20Available collateral increased, 24 Sept: $103,166.25 to $191,372.30Available collateral decreased, 23 Sept: $333,623.20 to $95,611.78Available collateral decreased, 23 Sept: $158,363.05 to $101,290.43Available collateral increased, 23 Sept: $119,407.23 to $333,623.20Available collateral increased, 23 Sept: $22,006.85 to $119,407.23Available collateral decreased, 23 Sept: $93,128.53 to $22,006.85Available collateral increased, 23 Sept: $95,746.33 to $158,363.05Available collateral decreased, 22 Sept: $197,948.53 to $86,865.77Available collateral decreased, 22 Sept: $182,555.63 to $120,616.71Available collateral increased, 22 Sept: $111,460.87 to $182,555.63Available collateral increased, 22 Sept: $112,344.31 to $162,415.96Available collateral decreased, 22 Sept: $119,469.75 to $45,887.75Available collateral decreased, 21 Sept: $181,413.96 to $78,293.35Available collateral increased, 21 Sept: $20,696.90 to $88,234.91Available collateral decreased, 21 Sept: $174,032.39 to $49,417.87Opened a position, 21 Sept: $0.00 to $74,136.13Opened a position, 21 Sept: $0.00 to $73,718.96LONG · $73.7K0SHORT · $73.7K24 Aug26 Sept
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129 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.

$62.8K available · 24 Aug, 16:41$64.2K available · 24 Aug, 22:41$64.4K available · 25 Aug, 04:41$81.0K available · 25 Aug, 10:41$58.3K available · 25 Aug, 16:41$32.4K available · 25 Aug, 22:41$43.8K available · 26 Aug, 04:41$45.2K available · 26 Aug, 10:41$37.8K available · 26 Aug, 16:41$36.1K available · 26 Aug, 22:41$38.2K available · 27 Aug, 04:41$25.9K available · 27 Aug, 10:41$33.6K available · 27 Aug, 16:41$63.4K available · 27 Aug, 22:41$53.3K available · 28 Aug, 04:41$62.0K available · 28 Aug, 10:41$59.4K available · 28 Aug, 16:41$59.9K available · 28 Aug, 22:41$37.3K available · 29 Aug, 04:42$28.3K available · 29 Aug, 10:42$37.6K available · 29 Aug, 16:42$31.8K available · 29 Aug, 22:42$128.8K available · 30 Aug, 04:42$42.9K available · 30 Aug, 10:42$136.2K available · 30 Aug, 16:42$29.9K available · 30 Aug, 22:42$32.0K available · 31 Aug, 04:42$43.1K available · 31 Aug, 10:42$67.7K available · 31 Aug, 16:42$76.6K available · 31 Aug, 22:42$74.5K available · 1 Sept, 04:42$84.5K available · 1 Sept, 10:42$32.5K available · 1 Sept, 16:42$38.0K available · 1 Sept, 22:42$22.8K available · 2 Sept, 04:42$37.1K available · 2 Sept, 10:42$35.6K available · 2 Sept, 16:42$46.6K available · 2 Sept, 22:42$59.2K available · 3 Sept, 04:42$63.8K available · 3 Sept, 10:43$18.8K available · 3 Sept, 16:43$31.1K available · 3 Sept, 22:43$48.0K available · 4 Sept, 04:43$53.9K available · 4 Sept, 10:43$24.4K available · 4 Sept, 16:43$32.0K available · 4 Sept, 22:43$47.7K available · 5 Sept, 04:43$60.2K available · 5 Sept, 10:43$63.9K available · 5 Sept, 16:43$60.4K available · 5 Sept, 22:43$40.7K available · 6 Sept, 04:43$61.4K available · 6 Sept, 10:43$45.4K available · 6 Sept, 16:43$33.2K available · 6 Sept, 22:43$73.8K available · 7 Sept, 04:43$97.5K available · 7 Sept, 10:43$78.2K available · 7 Sept, 16:43$93.9K available · 7 Sept, 22:43$62.9K available · 8 Sept, 04:43$39.4K available · 8 Sept, 10:43$62.8K available · 8 Sept, 16:43$50.3K available · 8 Sept, 22:43$48.0K available · 9 Sept, 04:43$58.6K available · 9 Sept, 10:43$23.3K available · 9 Sept, 16:43$22.5K available · 9 Sept, 19:07$45.2K available · 10 Sept, 01:07$53.1K available · 10 Sept, 10:47$25.1K available · 10 Sept, 16:47$62.1K available · 10 Sept, 22:46$58.4K available · 11 Sept, 04:46$53.8K available · 11 Sept, 10:47$58.2K available · 11 Sept, 16:47$21.7K available · 11 Sept, 22:46$42.9K available · 12 Sept, 04:47$84.2K available · 12 Sept, 10:46$54.7K available · 12 Sept, 16:47$57.2K available · 12 Sept, 22:47$54.6K available · 13 Sept, 04:47$42.0K available · 13 Sept, 10:46$79.3K available · 13 Sept, 16:47$95.7K available · 13 Sept, 22:47$98.3K available · 14 Sept, 04:46$125.0K available · 14 Sept, 10:47$107.2K available · 14 Sept, 16:47$128.4K available · 14 Sept, 22:47$55.8K available · 15 Sept, 04:47$47.2K available · 15 Sept, 10:47$29.9K available · 15 Sept, 16:47$85.6K available · 15 Sept, 22:47$98.6K available · 16 Sept, 04:47$88.4K available · 16 Sept, 10:47$142.6K available · 16 Sept, 16:47$156.4K available · 16 Sept, 22:47$62.0K available · 17 Sept, 04:47$64.3K available · 17 Sept, 07:00$83.1K available · 17 Sept, 13:00$105.3K available · 17 Sept, 19:00$99.6K available · 18 Sept, 01:00$24.6K available · 18 Sept, 07:00$90.7K available · 18 Sept, 13:00$82.6K available · 18 Sept, 19:00$134.9K available · 19 Sept, 01:00$120.7K available · 19 Sept, 07:00$168.6K available · 19 Sept, 13:00$140.5K available · 19 Sept, 19:00$102.7K available · 20 Sept, 07:01$117.6K available · 20 Sept, 13:00$141.9K available · 21 Sept, 01:01$189.9K available · 21 Sept, 07:01$181.4K available · 21 Sept, 13:01$78.3K available · 21 Sept, 19:01$98.6K available · 22 Sept, 01:01$111.5K available · 22 Sept, 07:01$182.6K available · 22 Sept, 13:01$120.6K available · 22 Sept, 19:01$140.6K available · 23 Sept, 01:01$95.7K available · 23 Sept, 07:01$158.4K available · 23 Sept, 13:01$101.3K available · 23 Sept, 19:01$103.2K available · 24 Sept, 01:01$191.4K available · 24 Sept, 07:01$226.0K available · 24 Sept, 13:01$142.6K available · 24 Sept, 19:01$156.9K available · 25 Sept, 01:01$166.6K available · 25 Sept, 07:01$180.6K available · 25 Sept, 13:01$145.5K available · 25 Sept, 19:02$48.5K available · 26 Sept, 01:01$226.0K024 Aug26 Sept
Hover, tap, or tab to a point for its exact value.
129 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.

Available collateral decreasedLatest
$226,009.97 → $142,598.20
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increasedSelected
$103,166.25 → $191,372.30
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$333,623.20 → $95,611.78
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$158,363.05 → $101,290.43
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$119,407.23 → $333,623.20
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$22,006.85 → $119,407.23
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$93,128.53 → $22,006.85
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$95,746.33 → $158,363.05
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$197,948.53 → $86,865.77
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$182,555.63 → $120,616.71
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$111,460.87 → $182,555.63
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$112,344.31 → $162,415.96
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$119,469.75 → $45,887.75
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$181,413.96 → $78,293.35
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$20,696.90 → $88,234.91
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$174,032.39 → $49,417.87
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $74,136.13
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $73,718.96
Structural position change — position opened
→ · fixed wallet frame
Reduced exposure
$88,297.44 → $2,594.57
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$94,273.54 → $1,268.96
Material observed change — ranked by absolute material change
→ · 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 arriveddeposit
+$20.0K
· observed account movement
Money arriveddeposit
+$17.5K
· observed account movement
Money leftsend
−$34.8K
· observed account movement
Money leftwithdraw
−$20.0K
· observed account movement
Money leftwithdraw
−$30.0K
· observed account movement
Money leftwithdraw
−$7.5K
· observed account movement
Money arriveddeposit
+$20.0K
· observed account movement
Money arriveddeposit
+$20.0K
· observed account movement