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BTCETHSOLHYPEXRPAAVEZECNEAR
Observed Hyperliquid wallet · BTC position history

BTC wallet #9 closed a position

0xa4dedda59f2908b92ae192cfd494839373bcb3c4

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 →
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Latest attempt Observed successfully20.7% 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 0xa4dedda59f2908b92ae192cfd494839373bcb3c4. Observation window: 2026-09-21 01:50:24.006Z–2026-09-21 07:50:46.752Z. Coverage at the change: 22.0%. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/btc/wallets/0xa4dedda59f2908b92ae192cfd494839373bcb3c4?event=evt_52d1e3b99283c8f294e4430b
Read the methodology →Browse research →
Selected change

Closed a position

Former top-10 observed BTC wallet

−$20.4M-100.0%
$20.4M → $0.0 #9 by observed BTC exposure 2.49% of observed exposure

Major wallet · structural change: Former top-10 observed BTC wallet; position closed.

→ · event ID evt_52d1e3b99283c8f294e4430b
Latest material actionReduced exposure$16,775,745.06 → $8,388,250.00
Account value$428,170.16
Free collateral$0.00
Margin used$209,650.00
Current observed position

BTC long

$8.4M
Size100.0
Entry$83,744.00
Liquidation$80,585.62
Leverage40× cross
Unrealized PnL$11,592.66

Recent behavior: this wallet has reduced exposure, opened a position, closed a position and increased exposure in BTC over the last 37 days.

A comparable reduction of $15.9M was observed on 4 September 2026.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 46 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$7.9M
This change2.6× typical
Same-direction prior changes19
Same direction in current frame288 of 457

A similarly sized change in the same direction was observed on 25 September 2026.

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 changes47
Opened / closed13 / 13
Increased / reduced14 / 7
Flips0
Collateral changes8
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$328,374.95 → $424,894.77
Account value$1,285,867.87 → $1,393,148.71
Maintenance margin$191,014.99 → $193,954.24
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.

Reduced exposureBTC account state
Liquidation price$82,868.23 → $80,585.62Account value+$10.3KMaintenance margin−$105.0K
· observed state change
Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
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
Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· 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$12.0M long · 24 Aug, 16:37$11.8M long · 24 Aug, 22:37$12.1M long · 25 Aug, 04:37$11.9M long · 25 Aug, 10:37$7.9M long · 25 Aug, 16:37$0.0 flat · 25 Aug, 22:37$0.0 flat · 26 Aug, 04:37$0.0 flat · 26 Aug, 10:37$0.0 flat · 26 Aug, 16:37$0.0 flat · 26 Aug, 22:37$0.0 flat · 27 Aug, 04:37$0.0 flat · 27 Aug, 10:37$12.0M long · 27 Aug, 16:37$12.0M long · 27 Aug, 22:37$11.9M long · 28 Aug, 04:37$0.0 flat · 28 Aug, 10:37$0.0 flat · 28 Aug, 16:37$0.0 flat · 28 Aug, 22:37$0.0 flat · 29 Aug, 04:38$0.0 flat · 29 Aug, 10:38$0.0 flat · 29 Aug, 16:38$0.0 flat · 29 Aug, 22:38$0.0 flat · 30 Aug, 04:38$0.0 flat · 30 Aug, 10:38$0.0 flat · 30 Aug, 16:38$0.0 flat · 30 Aug, 22:38$0.0 flat · 31 Aug, 04:38$0.0 flat · 31 Aug, 10:38$7.9M long · 31 Aug, 16:38$9.8M long · 31 Aug, 22:38$11.8M long · 1 Sept, 04:38$11.7M long · 1 Sept, 10:38$7.7M long · 1 Sept, 16:38$0.0 flat · 1 Sept, 22:38$0.0 flat · 2 Sept, 04:38$0.0 flat · 2 Sept, 10:38$0.0 flat · 2 Sept, 16:38$0.0 flat · 2 Sept, 22:38$0.0 flat · 3 Sept, 04:38$0.0 flat · 3 Sept, 10:38$4.0M long · 3 Sept, 16:39$4.1M long · 3 Sept, 22:39$7.7M long · 4 Sept, 04:39$7.7M long · 4 Sept, 10:39$15.9M long · 4 Sept, 16:39$0.0 flat · 4 Sept, 22:39$0.0 flat · 5 Sept, 04:39$0.0 flat · 5 Sept, 10:39$0.0 flat · 5 Sept, 16:39$0.0 flat · 5 Sept, 22:39$0.0 flat · 6 Sept, 04:39$0.0 flat · 6 Sept, 10:39$0.0 flat · 6 Sept, 16:39$0.0 flat · 6 Sept, 22:39$0.0 flat · 7 Sept, 04:39$0.0 flat · 7 Sept, 10:39$0.0 flat · 7 Sept, 16:39$7.9M long · 7 Sept, 22:39$0.0 flat · 8 Sept, 04:39$0.0 flat · 8 Sept, 10:39$0.0 flat · 8 Sept, 16:39$0.0 flat · 8 Sept, 22:39$0.0 flat · 9 Sept, 04:39$0.0 flat · 9 Sept, 10:39$0.0 flat · 9 Sept, 16:39$0.0 flat · 9 Sept, 19:03$0.0 flat · 10 Sept, 01:03$0.0 flat · 10 Sept, 10:42$0.0 flat · 10 Sept, 16:42$0.0 flat · 10 Sept, 22:42$0.0 flat · 11 Sept, 04:42$0.0 flat · 11 Sept, 10:42$0.0 flat · 11 Sept, 16:43$0.0 flat · 11 Sept, 22:42$0.0 flat · 12 Sept, 04:42$0.0 flat · 12 Sept, 10:42$0.0 flat · 12 Sept, 16:42$0.0 flat · 12 Sept, 22:42$0.0 flat · 13 Sept, 04:42$0.0 flat · 13 Sept, 10:42$0.0 flat · 13 Sept, 16:42$0.0 flat · 13 Sept, 22:42$0.0 flat · 14 Sept, 04:42$0.0 flat · 14 Sept, 10:42$0.0 flat · 14 Sept, 16:43$0.0 flat · 14 Sept, 22:43$0.0 flat · 15 Sept, 04:43$0.0 flat · 15 Sept, 10:43$0.0 flat · 15 Sept, 16:43$0.0 flat · 15 Sept, 22:42$0.0 flat · 16 Sept, 04:43$0.0 flat · 16 Sept, 10:43$0.0 flat · 16 Sept, 16:43$0.0 flat · 16 Sept, 22:43$0.0 flat · 17 Sept, 04:43$0.0 flat · 17 Sept, 06:56$0.0 flat · 17 Sept, 12:56$0.0 flat · 17 Sept, 18:56$0.0 flat · 18 Sept, 00:56$0.0 flat · 18 Sept, 06:56$0.0 flat · 18 Sept, 12:56$0.0 flat · 18 Sept, 18:56$0.0 flat · 19 Sept, 00:56$0.0 flat · 19 Sept, 06:56$0.0 flat · 19 Sept, 12:56$0.0 flat · 19 Sept, 18:56$0.0 flat · 20 Sept, 06:56$0.0 flat · 20 Sept, 12:56$20.4M long · 21 Sept, 00:57$0.0 flat · 21 Sept, 06:57$0.0 flat · 21 Sept, 12:57$0.0 flat · 21 Sept, 18:57$0.0 flat · 22 Sept, 00:57$0.0 flat · 22 Sept, 06:57$0.0 flat · 22 Sept, 12:57$0.0 flat · 22 Sept, 18:57$0.0 flat · 23 Sept, 00:57$0.0 flat · 23 Sept, 06:57$0.0 flat · 23 Sept, 12:57$0.0 flat · 23 Sept, 18:57$0.0 flat · 24 Sept, 00:57$0.0 flat · 24 Sept, 06:57$0.0 flat · 24 Sept, 12:57$0.0 flat · 24 Sept, 18:57$16.9M long · 25 Sept, 00:57$16.8M long · 25 Sept, 06:57$16.9M long · 25 Sept, 12:57$16.8M long · 25 Sept, 18:57$8.4M long · 26 Sept, 00:57Reduced exposure, 26 Sept: $16,775,745.06 to $8,388,250.00Opened a position, 25 Sept: $0.00 to $8,376,750.00Closed a position, 25 Sept: $16,819,743.08 to $0.00Opened a position, 25 Sept: $0.00 to $16,890,100.00Opened a position, 25 Sept: $0.00 to $16,922,900.00Closed a position, 21 Sept: $20,414,375.00 to $0.00Opened a position, 21 Sept: $0.00 to $20,428,125.00Closed a position, 8 Sept: $7,876,250.00 to $0.00Closed a position, 8 Sept: $7,876,150.00 to $0.00Opened a position, 8 Sept: $0.00 to $7,901,150.00Opened a position, 7 Sept: $0.00 to $7,899,050.00Closed a position, 4 Sept: $15,933,700.00 to $0.00Closed a position, 4 Sept: $15,959,500.00 to $0.00Increased exposure, 4 Sept: $7,575,632.50 to $15,948,700.00Increased exposure, 4 Sept: $11,920,275.00 to $15,893,700.00Opened a position, 4 Sept: $0.00 to $11,879,775.00Closed a position, 4 Sept: $7,912,950.00 to $0.00Increased exposure, 4 Sept: $7,541,147.50 to $7,938,050.00Increased exposure, 4 Sept: $4,056,825.00 to $7,707,967.50Increased exposure, 4 Sept: $4,066,575.00 to $7,726,492.50Opened a position, 3 Sept: $0.00 to $4,055,575.00Opened a position, 3 Sept: $0.00 to $4,041,725.00Closed a position, 1 Sept: $7,714,450.00 to $0.00Closed a position, 1 Sept: $6,179,640.00 to $0.00Reduced exposure, 1 Sept: $7,708,250.00 to $6,166,600.00Reduced exposure, 1 Sept: $11,618,775.00 to $7,745,850.00Reduced exposure, 1 Sept: $11,729,175.00 to $7,819,450.00Increased exposure, 1 Sept: $9,841,312.50 to $11,809,575.00Increased exposure, 1 Sept: $9,827,187.50 to $11,792,625.00Increased exposure, 31 Aug: $7,868,250.00 to $9,835,312.50Opened a position, 31 Aug: $0.00 to $9,879,312.50Opened a position, 31 Aug: $0.00 to $7,863,750.00Closed a position, 28 Aug: $11,890,875.00 to $0.00Closed a position, 28 Aug: $11,909,175.00 to $0.00Opened a position, 27 Aug: $0.00 to $11,982,075.00Opened a position, 27 Aug: $0.00 to $12,041,775.00Closed a position, 26 Aug: $3,817,486.16 to $0.00Closed a position, 25 Aug: $7,879,950.00 to $0.00Reduced exposure, 25 Aug: $15,769,300.00 to $3,831,969.07Increased exposure, 25 Aug: $7,919,050.00 to $15,838,100.00Reduced exposure, 25 Aug: $11,896,575.00 to $7,931,050.00Reduced exposure, 25 Aug: $11,838,075.00 to $7,892,050.00Increased exposure, 24 Aug: $7,725,650.00 to $11,588,475.00Increased exposure, 24 Aug: $7,739,550.00 to $11,609,325.00LONG · $20.4M0SHORT · $20.4M24 Aug26 Sept
Hover, tap, or tab to a point for its exact value.
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.

$0.0 available · 24 Aug, 16:37$0.0 available · 24 Aug, 22:37$7.0K available · 25 Aug, 04:37$0.0 available · 25 Aug, 10:37$0.0 available · 25 Aug, 16:37$1.9K available · 25 Aug, 22:37$0.0 available · 26 Aug, 04:37$0.0 available · 26 Aug, 10:37$0.0 available · 26 Aug, 16:37$0.0 available · 26 Aug, 22:37$0.0 available · 27 Aug, 04:37$0.0 available · 27 Aug, 10:37$0.0 available · 27 Aug, 16:37$0.0 available · 27 Aug, 22:37$0.0 available · 28 Aug, 04:37$0.0 available · 28 Aug, 10:37$32.8K available · 28 Aug, 16:37$0.0 available · 28 Aug, 22:37$0.0 available · 29 Aug, 04:38$0.0 available · 29 Aug, 10:38$0.0 available · 29 Aug, 16:38$0.0 available · 29 Aug, 22:38$6.5K available · 30 Aug, 04:38$802.1 available · 30 Aug, 10:38$36.4K available · 30 Aug, 16:38$0.0 available · 30 Aug, 22:38$0.0 available · 31 Aug, 04:38$0.0 available · 31 Aug, 10:38$0.0 available · 31 Aug, 16:38$0.0 available · 31 Aug, 22:38$0.0 available · 1 Sept, 04:38$0.0 available · 1 Sept, 10:38$0.0 available · 1 Sept, 16:38$0.0 available · 1 Sept, 22:38$0.0 available · 2 Sept, 04:38$0.0 available · 2 Sept, 10:38$0.0 available · 2 Sept, 16:38$0.0 available · 2 Sept, 22:38$0.0 available · 3 Sept, 04:38$0.0 available · 3 Sept, 10:38$0.0 available · 3 Sept, 16:39$0.0 available · 3 Sept, 22:39$0.0 available · 4 Sept, 04:39$0.0 available · 4 Sept, 10:39$0.0 available · 4 Sept, 16:39$0.0 available · 4 Sept, 22:39$0.0 available · 5 Sept, 04:39$0.0 available · 5 Sept, 10:39$0.0 available · 5 Sept, 16:39$0.0 available · 5 Sept, 22:39$0.0 available · 6 Sept, 04:39$0.0 available · 6 Sept, 10:39$0.0 available · 6 Sept, 16:39$0.0 available · 6 Sept, 22:39$0.0 available · 7 Sept, 04:39$0.0 available · 7 Sept, 10:39$0.0 available · 7 Sept, 16:39$0.0 available · 7 Sept, 22:39$0.0 available · 8 Sept, 04:39$0.0 available · 8 Sept, 10:39$0.0 available · 8 Sept, 16:39$0.0 available · 8 Sept, 22:39$0.0 available · 9 Sept, 04:39$0.0 available · 9 Sept, 10:39$0.0 available · 9 Sept, 16:39$0.0 available · 9 Sept, 19:03$0.0 available · 10 Sept, 01:03$0.0 available · 10 Sept, 10:42$0.0 available · 10 Sept, 16:42$0.0 available · 10 Sept, 22:42$0.0 available · 11 Sept, 04:42$0.0 available · 11 Sept, 10:42$0.0 available · 11 Sept, 16:43$0.0 available · 11 Sept, 22:42$0.0 available · 12 Sept, 04:42$0.0 available · 12 Sept, 10:42$0.0 available · 12 Sept, 16:42$0.0 available · 12 Sept, 22:42$0.0 available · 13 Sept, 04:42$0.0 available · 13 Sept, 10:42$0.0 available · 13 Sept, 16:42$0.0 available · 13 Sept, 22:42$0.0 available · 14 Sept, 04:42$0.0 available · 14 Sept, 10:42$0.0 available · 14 Sept, 16:43$0.0 available · 14 Sept, 22:43$0.0 available · 15 Sept, 04:43$0.0 available · 15 Sept, 10:43$0.0 available · 15 Sept, 16:43$0.0 available · 15 Sept, 22:42$0.0 available · 16 Sept, 04:43$0.0 available · 16 Sept, 10:43$0.0 available · 16 Sept, 16:43$0.0 available · 16 Sept, 22:43$0.0 available · 17 Sept, 04:43$0.0 available · 17 Sept, 06:56$0.0 available · 17 Sept, 12:56$0.0 available · 17 Sept, 18:56$59.2K available · 18 Sept, 00:56$53.7K available · 18 Sept, 06:56$166.7K available · 18 Sept, 12:56$178.6K available · 18 Sept, 18:56$257.3K available · 19 Sept, 00:56$0.0 available · 19 Sept, 06:56$0.0 available · 19 Sept, 12:56$1.6K available · 19 Sept, 18:56$0.0 available · 20 Sept, 06:56$0.0 available · 20 Sept, 12:56$0.0 available · 21 Sept, 00:57$0.0 available · 21 Sept, 06:57$0.0 available · 21 Sept, 12:57$14.9K available · 21 Sept, 18:57$35.5K available · 22 Sept, 00:57$91.2K available · 22 Sept, 06:57$203.2K available · 22 Sept, 12:57$247.6K available · 22 Sept, 18:57$0.0 available · 23 Sept, 00:57$0.0 available · 23 Sept, 06:57$0.0 available · 23 Sept, 12:57$14.6K available · 23 Sept, 18:57$0.0 available · 24 Sept, 00:57$0.0 available · 24 Sept, 06:57$0.0 available · 24 Sept, 12:57$113.0K available · 24 Sept, 18:57$0.0 available · 25 Sept, 00:57$0.0 available · 25 Sept, 06:57$0.0 available · 25 Sept, 12:57$0.0 available · 25 Sept, 18:57$0.0 available · 26 Sept, 00:57$257.3K024 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.

Reduced exposureLatest
$16,775,745.06 → $8,388,250.00
Major wallet change — top-10 observed BTC wallet
→ · fixed wallet frame
Opened a position
$0.00 → $8,376,750.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Closed a position
$16,819,743.08 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Opened a position
$0.00 → $16,890,100.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Opened a position
$0.00 → $16,922,900.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Closed a positionSelected
$20,414,375.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Opened a position
$0.00 → $20,428,125.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Closed a position
$7,876,250.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Closed a position
$7,876,150.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Opened a position
$0.00 → $7,901,150.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Opened a position
$0.00 → $7,899,050.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Closed a position
$15,933,700.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Closed a position
$15,959,500.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Increased exposure
$7,575,632.50 → $15,948,700.00
Major wallet change — top-10 observed BTC wallet
→ · fixed wallet frame
Increased exposure
$11,920,275.00 → $15,893,700.00
Major wallet change — top-10 observed BTC wallet
→ · fixed wallet frame
Opened a position
$0.00 → $11,879,775.00
Major wallet · structural change — top-10 observed BTC wallet; position opened
→ · fixed wallet frame
Closed a position
$7,912,950.00 → $0.00
Major wallet · structural change — Former top-10 observed BTC wallet; position closed
→ · fixed wallet frame
Increased exposure
$7,541,147.50 → $7,938,050.00
Major wallet change — top-10 observed BTC wallet
→ · fixed wallet frame
Increased exposure
$4,056,825.00 → $7,707,967.50
Major wallet change — top-10 observed BTC wallet
→ · fixed wallet frame
Increased exposure
$4,066,575.00 → $7,726,492.50
Major wallet change — top-10 observed BTC wallet
→ · 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 leftwithdraw
−$244.1K
· observed account movement
Money arrivedspotTransfer
+$299.4K
· observed account movement
Money leftsend
−$300.0K
· observed account movement
Money arrivedspotTransfer
+$100.0K
· observed account movement
Money leftsend
−$82.7
· observed account movement
Money leftsend
−$250.0K
· observed account movement
Money arrivedsend
+$261.7K
· observed account movement
Money leftsend
−$300.0K
· observed account movement