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BTCETHSOLHYPEXRP
Observed Hyperliquid wallet · BTC position history

BTC wallet #120 opened a $148.3K short

0xb9943a99514cbb2d44838235be2a9b59c2c9f441

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 successfully18.8% 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 0xb9943a99514cbb2d44838235be2a9b59c2c9f441. Observation window: 2026-08-30 15:23:12.677Z–2026-08-30 16:23:13.553Z. Coverage at the change: 20.7%. Observed rank after the change: #120. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/btc/wallets/0xb9943a99514cbb2d44838235be2a9b59c2c9f441?event=evt_685f5f1c22553cf34165d634
Read the methodology →Browse research →
Selected change

Opened a position

Observed BTC wallet

+$148.3K
$0.0 → $148.3K #120 by observed BTC exposure 0.02% of observed exposure

Structural position change: position opened.

→ · event ID evt_685f5f1c22553cf34165d634
Latest material actionReduced exposure$159,759.66 → $75,631.95
Account value$215,276.07
Free collateral$140,626.31
Margin used$10,587.06
Current observed position

BTC short

$153.8K
Size-2.0254
Entry$76,037.10
Liquidation$178,336.97
Leverage40× cross
Unrealized PnL$192.16

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

A comparable increase of $122.9K was observed on 23 August 2026.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 145 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$140.7K
This change1.1× typical
Same-direction prior changes73
Same direction in current frame261 of 471

A similarly sized change in the same direction was observed on 15 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 changes146
Opened / closed46 / 43
Increased / reduced21 / 23
Flips13
Collateral changes3
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$138,494.03 → $189,395.62
Account value$213,917.28 → $213,948.76
Maintenance margin$4,585.24 → $1,884.25
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$174,543.79 → $285,422.12Account value−$328.9Maintenance margin−$1.3K
· observed state change
Increased exposureBTC account state
Liquidation price$280,020.49 → $174,543.79Account value+$286.1Maintenance margin+$2.1K
· 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
Flipped from long to shortBTC account state
Liquidation price$20,482.53 → $156,826.07Account value+$1.3KMaintenance margin+$633.7
· observed state change
Available collateral increasedBTC account state
Liquidation price$159,955.16 → $7,135,181.97Account value+$31.5Maintenance margin−$2.7K
· observed state change
Reduced exposureBTC account state
Liquidation price$159,955.16 → $7,135,181.97Account value+$31.5Maintenance margin−$2.7K
· observed state change
Opened a positionBTC account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Flipped from short to longBTC account state
Liquidation price$198,522.59 → $20,482.53Account value+$170.9Maintenance margin+$2.6K
· 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$189.6K short · 24 Aug, 16:40$124.1K long · 24 Aug, 22:40$176.5K long · 25 Aug, 04:40$236.0K long · 25 Aug, 10:40$96.2K short · 25 Aug, 16:40$158.8K long · 25 Aug, 22:40$26.5K long · 26 Aug, 04:40$49.2K short · 26 Aug, 10:40$69.0K long · 26 Aug, 16:40$322.2K short · 26 Aug, 22:40$237.6K long · 27 Aug, 04:41$497.2K long · 27 Aug, 10:41$98.1K long · 27 Aug, 16:41$59.8K short · 27 Aug, 22:41$99.5K long · 28 Aug, 04:41$83.7K long · 28 Aug, 10:41$291.1K short · 28 Aug, 16:41$21.2K long · 28 Aug, 22:41$93.8K long · 29 Aug, 04:41$6.6K long · 29 Aug, 10:41$35.2K short · 29 Aug, 16:41$28.6K long · 29 Aug, 22:41$107.3K short · 30 Aug, 04:41$14.7K short · 30 Aug, 10:41$217.8K short · 30 Aug, 16:41$97.0K long · 30 Aug, 22:41$40.3K short · 31 Aug, 04:41$46.7K short · 31 Aug, 10:41$346.1K short · 31 Aug, 16:41$71.8K long · 31 Aug, 22:41$2.0K short · 1 Sept, 04:41$112.8K long · 1 Sept, 10:42$97.6K long · 1 Sept, 16:42$147.4K long · 1 Sept, 22:42$182.4K short · 2 Sept, 04:42$62.8K long · 2 Sept, 10:42$120.7K short · 2 Sept, 16:42$153.1K long · 2 Sept, 22:42$84.2K long · 3 Sept, 04:42$156.4K long · 3 Sept, 10:42$170.8K long · 3 Sept, 16:42$92.4K long · 3 Sept, 22:42$74.8K long · 4 Sept, 04:42$145.8K short · 4 Sept, 10:42$120.8K short · 4 Sept, 16:42$49.4K short · 4 Sept, 22:42$12.6K long · 5 Sept, 04:42$120.8K long · 5 Sept, 10:42$241.5K short · 5 Sept, 16:42$169.4K long · 5 Sept, 22:42$18.6K short · 6 Sept, 04:42$55.6K long · 6 Sept, 10:42$13.7K long · 6 Sept, 16:42$16.1K short · 6 Sept, 22:42$80.4K long · 7 Sept, 04:42$149.0K long · 7 Sept, 10:42$76.5K long · 7 Sept, 16:42$252.9K long · 7 Sept, 22:42$40.8K long · 8 Sept, 04:42$49.2K short · 8 Sept, 10:42$29.6K short · 8 Sept, 16:42$3.2K long · 8 Sept, 22:42$127.5K short · 9 Sept, 04:43$28.2K short · 9 Sept, 10:43$285.4K short · 9 Sept, 16:43$133.3K long · 9 Sept, 19:06$149.1K short · 10 Sept, 01:06$129.2K long · 10 Sept, 10:46$20.0K short · 10 Sept, 16:46$181.8K short · 10 Sept, 22:46$207.8K short · 11 Sept, 04:46$70.7K long · 11 Sept, 10:46$58.0K short · 11 Sept, 16:46$176.9K long · 11 Sept, 22:46$33.1K long · 12 Sept, 04:46$81.6K long · 12 Sept, 10:46$48.8K long · 12 Sept, 16:46$48.6K long · 12 Sept, 22:46$5.6K long · 13 Sept, 04:46$172.1K long · 13 Sept, 10:46$54.0K short · 13 Sept, 16:46$325.7K short · 13 Sept, 22:46$10.3K long · 14 Sept, 04:46$15.4K long · 14 Sept, 10:46$103.3K short · 14 Sept, 16:46$187.7K long · 14 Sept, 22:46$37.1K long · 15 Sept, 04:46$130.9K short · 15 Sept, 10:46$285.9K long · 15 Sept, 16:46$190.6K short · 15 Sept, 22:46$153.8K short · 16 Sept, 04:46Reduced exposure, 16 Sept: $159,759.66 to $75,631.95Increased exposure, 16 Sept: $77,806.59 to $159,473.77Opened a position, 16 Sept: $0.00 to $77,871.20Closed a position, 16 Sept: $82,728.23 to $0.00Opened a position, 16 Sept: $0.00 to $82,803.72Flipped from long to short, 15 Sept: $282,968.86 to $190,480.24Available collateral increased, 15 Sept: $138,494.03 to $189,395.62Reduced exposure, 15 Sept: $187,258.23 to $2,254.79Opened a position, 15 Sept: $0.00 to $139,546.16Flipped from short to long, 15 Sept: $129,656.68 to $285,664.49Available collateral decreased, 15 Sept: $181,846.12 to $124,915.91Closed a position, 15 Sept: $322,167.79 to $0.00Flipped from short to long, 15 Sept: $164,159.60 to $323,966.10Opened a position, 15 Sept: $0.00 to $165,354.53Opened a position, 15 Sept: $0.00 to $130,739.12Closed a position, 14 Sept: $103,283.49 to $0.00Closed a position, 14 Sept: $78,450.05 to $0.00Reduced exposure, 14 Sept: $149,346.52 to $78,725.60Reduced exposure, 14 Sept: $209,755.39 to $149,223.86Opened a position, 14 Sept: $0.00 to $209,155.90Opened a position, 14 Sept: $0.00 to $103,311.08Closed a position, 14 Sept: $329,298.64 to $0.00Closed a position, 14 Sept: $111,927.56 to $0.00Reduced exposure, 14 Sept: $192,551.43 to $94,787.28Opened a position, 14 Sept: $0.00 to $192,985.61Increased exposure, 13 Sept: $53,657.14 to $325,805.96Opened a position, 13 Sept: $0.00 to $53,991.22Closed a position, 11 Sept: $57,492.07 to $0.00Closed a position, 11 Sept: $326,975.73 to $0.00Opened a position, 11 Sept: $0.00 to $325,466.27Opened a position, 11 Sept: $0.00 to $57,896.02Closed a position, 11 Sept: $207,543.66 to $0.00Closed a position, 11 Sept: $83,782.37 to $0.00Reduced exposure, 11 Sept: $167,379.95 to $83,839.87Opened a position, 11 Sept: $0.00 to $167,288.97Reduced exposure, 11 Sept: $201,780.95 to $26,733.97Increased exposure, 10 Sept: $19,964.43 to $181,685.28Reduced exposure, 10 Sept: $224,546.90 to $156,301.82Increased exposure, 10 Sept: $62,345.21 to $224,256.21Opened a position, 10 Sept: $0.00 to $78,422.08Closed a position, 10 Sept: $148,436.11 to $0.00Closed a position, 10 Sept: $125,225.65 to $0.00Reduced exposure, 10 Sept: $276,017.50 to $159,025.25Opened a position, 10 Sept: $0.00 to $275,058.88Opened a position, 10 Sept: $0.00 to $148,723.49Closed a position, 9 Sept: $183,176.03 to $0.00Closed a position, 9 Sept: $284,176.96 to $0.00Increased exposure, 9 Sept: $28,115.16 to $285,550.32Opened a position, 9 Sept: $0.00 to $139,791.24Reduced exposure, 9 Sept: $127,768.46 to $28,219.34Closed a position, 9 Sept: $90,554.43 to $0.00Increased exposure, 9 Sept: $10,073.03 to $90,198.28Opened a position, 9 Sept: $0.00 to $127,453.46Closed a position, 8 Sept: $166,201.22 to $0.00Reduced exposure, 8 Sept: $355,908.33 to $165,989.80Opened a position, 8 Sept: $0.00 to $354,933.69Closed a position, 8 Sept: $252,857.55 to $0.00Opened a position, 7 Sept: $0.00 to $253,589.52Closed a position, 5 Sept: $241,148.53 to $0.00Opened a position, 5 Sept: $0.00 to $241,614.02Opened a position, 5 Sept: $0.00 to $88,535.78Closed a position, 5 Sept: $92,198.08 to $0.00Reduced exposure, 4 Sept: $120,638.03 to $49,409.61Flipped from long to short, 4 Sept: $321,728.43 to $133,699.75Opened a position, 4 Sept: $0.00 to $321,251.41Closed a position, 4 Sept: $166,293.09 to $0.00Opened a position, 4 Sept: $0.00 to $166,148.21Closed a position, 4 Sept: $87,198.69 to $0.00Opened a position, 4 Sept: $0.00 to $89,108.96Opened a position, 4 Sept: $0.00 to $145,840.50Closed a position, 3 Sept: $194,362.34 to $0.00Closed a position, 2 Sept: $120,280.08 to $0.00Opened a position, 2 Sept: $0.00 to $194,281.63Opened a position, 2 Sept: $0.00 to $120,778.70Closed a position, 2 Sept: $180,021.11 to $0.00Closed a position, 2 Sept: $83,068.67 to $0.00Reduced exposure, 2 Sept: $147,693.18 to $83,298.31Increased exposure, 2 Sept: $85,598.34 to $148,519.04Increased exposure, 2 Sept: $16,658.81 to $85,935.96Opened a position, 2 Sept: $0.00 to $182,222.87Closed a position, 1 Sept: $259,512.44 to $0.00Opened a position, 1 Sept: $0.00 to $260,886.01Closed a position, 31 Aug: $346,429.61 to $0.00Closed a position, 31 Aug: $115,527.05 to $0.00Reduced exposure, 31 Aug: $247,078.40 to $115,934.62Increased exposure, 31 Aug: $46,773.58 to $346,231.48Increased exposure, 31 Aug: $102,210.01 to $279,971.12Flipped from long to short, 31 Aug: $292,534.16 to $101,836.43Flipped from short to long, 31 Aug: $63,082.70 to $292,455.36Opened a position, 31 Aug: $0.00 to $57,503.52Closed a position, 30 Aug: $215,607.95 to $0.00Closed a position, 30 Aug: $112,374.71 to $0.00Increased exposure, 30 Aug: $14,859.30 to $217,712.12Opened a position, 30 Aug: $0.00 to $148,297.02Reduced exposure, 30 Aug: $107,312.71 to $14,650.54Reduced exposure, 30 Aug: $73,514.39 to $20,032.42Opened a position, 30 Aug: $0.00 to $57,884.99Opened a position, 30 Aug: $0.00 to $107,326.46Opened a position, 29 Aug: $0.00 to $61,720.26Closed a position, 28 Aug: $290,306.53 to $0.00Opened a position, 28 Aug: $0.00 to $290,643.15Closed a position, 28 Aug: $59,387.16 to $0.00Closed a position, 28 Aug: $390,780.09 to $0.00Flipped from short to long, 28 Aug: $226,593.37 to $391,161.36Increased exposure, 28 Aug: $116,475.00 to $229,187.07Opened a position, 28 Aug: $0.00 to $115,669.15Opened a position, 27 Aug: $0.00 to $59,798.70Closed a position, 27 Aug: $501,880.31 to $0.00Closed a position, 27 Aug: $229,797.76 to $0.00Opened a position, 27 Aug: $0.00 to $230,415.15Closed a position, 27 Aug: $114,863.20 to $0.00Increased exposure, 27 Aug: $240,273.63 to $497,779.17Opened a position, 27 Aug: $0.00 to $115,706.65Closed a position, 27 Aug: $469,718.08 to $0.00Increased exposure, 27 Aug: $75,049.22 to $467,354.54Flipped from long to short, 27 Aug: $238,724.26 to $72,470.03Flipped from short to long, 27 Aug: $322,450.20 to $237,449.10Reduced exposure, 27 Aug: $330,622.66 to $249,280.82Opened a position, 27 Aug: $0.00 to $331,055.33Closed a position, 27 Aug: $56,582.86 to $0.00Opened a position, 27 Aug: $0.00 to $56,737.51Opened a position, 26 Aug: $0.00 to $322,724.76Closed a position, 26 Aug: $227,335.40 to $0.00Opened a position, 26 Aug: $0.00 to $229,372.05Closed a position, 26 Aug: $287,158.39 to $0.00Closed a position, 25 Aug: $95,763.46 to $0.00Opened a position, 25 Aug: $0.00 to $288,247.82Closed a position, 25 Aug: $99,342.76 to $0.00Reduced exposure, 25 Aug: $215,171.92 to $99,999.28Opened a position, 25 Aug: $0.00 to $222,653.63Opened a position, 25 Aug: $0.00 to $96,384.46Closed a position, 24 Aug: $188,236.05 to $0.00Reduced exposure, 24 Aug: $125,121.44 to $69,532.12Increased exposure, 24 Aug: $5,893.27 to $146,629.34LONG · $497.2K0SHORT · $497.2K24 Aug16 Sept
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91 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.

$165.6K available · 24 Aug, 16:40$222.9K available · 24 Aug, 22:40$175.2K available · 25 Aug, 04:40$171.0K available · 25 Aug, 10:40$188.1K available · 25 Aug, 16:40$183.9K available · 25 Aug, 22:40$198.5K available · 26 Aug, 04:40$122.2K available · 26 Aug, 10:40$124.5K available · 26 Aug, 16:40$104.7K available · 26 Aug, 22:40$103.8K available · 27 Aug, 04:41$80.0K available · 27 Aug, 10:41$125.5K available · 27 Aug, 16:41$130.9K available · 27 Aug, 22:41$125.7K available · 28 Aug, 04:41$123.9K available · 28 Aug, 10:41$108.2K available · 28 Aug, 16:41$135.8K available · 28 Aug, 22:41$139.2K available · 29 Aug, 04:41$154.2K available · 29 Aug, 10:41$134.9K available · 29 Aug, 16:41$133.2K available · 29 Aug, 22:41$121.8K available · 30 Aug, 04:41$130.2K available · 30 Aug, 10:41$121.3K available · 30 Aug, 16:41$129.1K available · 30 Aug, 22:41$127.5K available · 31 Aug, 04:41$125.4K available · 31 Aug, 10:41$95.3K available · 31 Aug, 16:41$131.5K available · 31 Aug, 22:41$138.4K available · 1 Sept, 04:41$124.7K available · 1 Sept, 10:42$134.0K available · 1 Sept, 16:42$121.2K available · 1 Sept, 22:42$111.1K available · 2 Sept, 04:42$118.3K available · 2 Sept, 10:42$122.4K available · 2 Sept, 16:42$119.3K available · 2 Sept, 22:42$129.9K available · 3 Sept, 04:42$122.0K available · 3 Sept, 10:42$117.1K available · 3 Sept, 16:42$133.1K available · 3 Sept, 22:42$132.5K available · 4 Sept, 04:42$122.2K available · 4 Sept, 10:42$138.0K available · 4 Sept, 16:42$148.2K available · 4 Sept, 22:42$151.8K available · 5 Sept, 04:42$143.1K available · 5 Sept, 10:42$130.2K available · 5 Sept, 16:42$134.1K available · 5 Sept, 22:42$150.1K available · 6 Sept, 04:42$145.6K available · 6 Sept, 10:42$151.9K available · 6 Sept, 16:42$150.4K available · 6 Sept, 22:42$142.6K available · 7 Sept, 04:42$132.1K available · 7 Sept, 10:42$138.1K available · 7 Sept, 16:42$128.3K available · 7 Sept, 22:42$145.2K available · 8 Sept, 04:42$156.6K available · 8 Sept, 10:42$147.0K available · 8 Sept, 16:42$148.9K available · 8 Sept, 22:42$138.2K available · 9 Sept, 04:43$146.8K available · 9 Sept, 10:43$122.1K available · 9 Sept, 16:43$135.7K available · 9 Sept, 19:06$130.9K available · 10 Sept, 01:06$140.3K available · 10 Sept, 10:46$146.8K available · 10 Sept, 16:46$131.0K available · 10 Sept, 22:46$125.0K available · 11 Sept, 04:46$139.3K available · 11 Sept, 10:46$154.4K available · 11 Sept, 16:46$136.5K available · 11 Sept, 22:46$154.8K available · 12 Sept, 04:46$149.1K available · 12 Sept, 10:46$155.5K available · 12 Sept, 16:46$153.2K available · 12 Sept, 22:46$155.3K available · 13 Sept, 04:46$141.4K available · 13 Sept, 10:46$152.1K available · 13 Sept, 16:46$132.4K available · 13 Sept, 22:46$156.4K available · 14 Sept, 04:46$159.2K available · 14 Sept, 10:46$151.4K available · 14 Sept, 16:46$141.6K available · 14 Sept, 22:46$158.1K available · 15 Sept, 04:46$181.8K available · 15 Sept, 10:46$124.9K available · 15 Sept, 16:46$132.8K available · 15 Sept, 22:46$140.6K available · 16 Sept, 04:46$222.9K024 Aug16 Sept
Hover, tap, or tab to a point for its exact value.
91 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
$159,759.66 → $75,631.95
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Increased exposure
$77,806.59 → $159,473.77
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $77,871.20
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$82,728.23 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $82,803.72
Structural position change — position opened
→ · fixed wallet frame
Flipped from long to short
$282,968.86 → $190,480.24
Structural position change — position flipped long to short
→ · fixed wallet frame
Available collateral increased
$138,494.03 → $189,395.62
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$187,258.23 → $2,254.79
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $139,546.16
Structural position change — position opened
→ · fixed wallet frame
Flipped from short to long
$129,656.68 → $285,664.49
Structural position change — position flipped short to long
→ · fixed wallet frame
Available collateral decreased
$181,846.12 → $124,915.91
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Closed a position
$322,167.79 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Flipped from short to long
$164,159.60 → $323,966.10
Structural position change — position flipped short to long
→ · fixed wallet frame
Opened a position
$0.00 → $165,354.53
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $130,739.12
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$103,283.49 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$78,450.05 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Reduced exposure
$149,346.52 → $78,725.60
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$209,755.39 → $149,223.86
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $209,155.90
Structural position change — position opened
→ · 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
−$75.0K
· observed account movement
Money arrivedsend
+$90.0K
· observed account movement
Money arrivedsend
+$15.0K
· observed account movement
Money arrivedsend
+$30.0K
· observed account movement