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BTCETHSOLHYPEXRPAAVEZECNEAR
Observed Hyperliquid wallet · BTC position history

BTC wallet #131 opened a $150.1K long

0xc196dac477e1104806b46897ce46cffe9c196951

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 successfully21.0% 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 0xc196dac477e1104806b46897ce46cffe9c196951. Observation window: 2026-09-22 12:43:26.483Z–2026-09-22 14:43:29.536Z. Coverage at the change: 23.2%. Observed rank after the change: #131. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/btc/wallets/0xc196dac477e1104806b46897ce46cffe9c196951?event=evt_72a5e53ea9750739e8e79d9a
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Selected change

Opened a position

Observed BTC wallet

+$150.1K
$0.0 → $150.1K #131 by observed BTC exposure 0.02% of observed exposure

Structural position change: position opened.

→ · event ID evt_72a5e53ea9750739e8e79d9a
Latest material actionClosed a position$117,225.07 → $0.00
Account value$35,851.17
Free collateral$690.01
Margin used$29,357.65
Current observed position

BTC long

$116.1K
Size1.38732
Entry$84,312.20
Liquidation$58,217.46
Leverage20× cross
Unrealized PnL-$897.99

Recent behavior: this wallet has closed a position, opened a position, reduced exposure and increased exposure in BTC over the last 34 days.

A comparable increase of $153.8K was observed on 31 August 2026.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 45 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$151.1K
This change1.0× typical
Same-direction prior changes22
Same direction in current frame244 of 482

A similarly sized change in the same direction was observed on 21 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 changes46
Opened / closed21 / 21
Increased / reduced2 / 2
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$690.01
Account value$35,851.17
Margin used$29,357.65
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.

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
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
Reduced exposureBTC account state
Liquidation price$72,518.30 → $15,224.83Account value−$37.4KMaintenance margin−$5.4K
· 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
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$657.6K long · 24 Aug, 16:43$0.0 flat · 24 Aug, 22:43$596.0K long · 25 Aug, 04:43$0.0 flat · 25 Aug, 10:43$25.3K long · 25 Aug, 16:43$25.1K long · 25 Aug, 22:43$80.9K long · 26 Aug, 04:43$0.0 flat · 26 Aug, 10:43$69.9K long · 26 Aug, 16:43$70.6K long · 26 Aug, 22:43$70.7K long · 27 Aug, 04:43$70.1K long · 27 Aug, 10:43$0.0 flat · 27 Aug, 16:43$0.0 flat · 27 Aug, 22:43$18.2K long · 28 Aug, 04:43$35.4K long · 28 Aug, 10:43$34.7K long · 28 Aug, 16:43$34.7K long · 28 Aug, 22:43$34.6K long · 29 Aug, 04:43$34.7K long · 29 Aug, 10:43$67.8K long · 29 Aug, 16:44$67.9K long · 29 Aug, 22:43$67.8K long · 30 Aug, 04:44$67.9K long · 30 Aug, 10:44$274.4K long · 30 Aug, 16:44$13.6K long · 30 Aug, 22:44$152.8K long · 31 Aug, 04:44$154.7K long · 31 Aug, 10:44$54.7K long · 31 Aug, 16:44$54.7K long · 31 Aug, 22:44$54.7K long · 1 Sept, 04:44$450.1K long · 1 Sept, 10:44$0.0 flat · 1 Sept, 16:44$0.0 flat · 1 Sept, 22:44$0.0 flat · 2 Sept, 04:44$0.0 flat · 2 Sept, 10:44$0.0 flat · 2 Sept, 16:44$0.0 flat · 2 Sept, 22:44$32.1K long · 3 Sept, 04:44$32.1K long · 3 Sept, 10:44$0.0 flat · 3 Sept, 16:44$0.0 flat · 3 Sept, 22:45$0.0 flat · 4 Sept, 04:44$0.0 flat · 4 Sept, 10:45$0.0 flat · 4 Sept, 16:45$0.0 flat · 4 Sept, 22:45$0.0 flat · 5 Sept, 04:45$0.0 flat · 5 Sept, 10:45$0.0 flat · 5 Sept, 16:45$0.0 flat · 5 Sept, 22:45$34.6K long · 6 Sept, 04:45$255.9K long · 6 Sept, 10:45$0.0 flat · 6 Sept, 16:45$0.0 flat · 6 Sept, 22:45$0.0 flat · 7 Sept, 04:45$0.0 flat · 7 Sept, 10:45$0.0 flat · 7 Sept, 16:45$0.0 flat · 7 Sept, 22:45$0.0 flat · 8 Sept, 04:45$0.0 flat · 8 Sept, 10:45$0.0 flat · 8 Sept, 16:45$0.0 flat · 8 Sept, 22:45$0.0 flat · 9 Sept, 04:45$0.0 flat · 9 Sept, 10:45$0.0 flat · 9 Sept, 16:45$0.0 flat · 9 Sept, 19:08$0.0 flat · 10 Sept, 01:09$0.0 flat · 10 Sept, 10:48$0.0 flat · 10 Sept, 16:48$0.0 flat · 10 Sept, 22:48$0.0 flat · 11 Sept, 04:48$0.0 flat · 11 Sept, 10:48$0.0 flat · 11 Sept, 16:48$0.0 flat · 11 Sept, 22:48$0.0 flat · 12 Sept, 04:48$0.0 flat · 12 Sept, 10:48$0.0 flat · 12 Sept, 16:48$0.0 flat · 12 Sept, 22:48$0.0 flat · 13 Sept, 04:48$0.0 flat · 13 Sept, 10:48$0.0 flat · 13 Sept, 16:48$0.0 flat · 13 Sept, 22:48$0.0 flat · 14 Sept, 04:48$0.0 flat · 14 Sept, 10:48$0.0 flat · 14 Sept, 16:48$0.0 flat · 14 Sept, 22:48$0.0 flat · 15 Sept, 04:48$0.0 flat · 15 Sept, 10:48$0.0 flat · 15 Sept, 16:48$0.0 flat · 15 Sept, 22:48$0.0 flat · 16 Sept, 04:48$0.0 flat · 16 Sept, 10:48$0.0 flat · 16 Sept, 16:48$0.0 flat · 16 Sept, 22:48$0.0 flat · 17 Sept, 04:48$0.0 flat · 17 Sept, 07:02$0.0 flat · 17 Sept, 13:02$0.0 flat · 17 Sept, 19:02$0.0 flat · 18 Sept, 01:02$0.0 flat · 18 Sept, 07:02$0.0 flat · 18 Sept, 13:02$0.0 flat · 18 Sept, 19:02$0.0 flat · 19 Sept, 01:02$0.0 flat · 19 Sept, 07:02$0.0 flat · 19 Sept, 13:02$0.0 flat · 19 Sept, 19:02$0.0 flat · 20 Sept, 07:02$0.0 flat · 20 Sept, 13:02$34.8K long · 21 Sept, 01:02$142.7K long · 21 Sept, 07:03$149.1K long · 21 Sept, 13:03$150.4K long · 21 Sept, 19:03$0.0 flat · 22 Sept, 01:03$0.0 flat · 22 Sept, 07:03$373.2K long · 22 Sept, 13:03$0.0 flat · 22 Sept, 19:03$377.2K long · 23 Sept, 01:03$78.6K long · 23 Sept, 07:03$85.1K long · 23 Sept, 13:03$22.9K long · 23 Sept, 19:03$22.9K long · 24 Sept, 01:03$74.4K long · 24 Sept, 07:03$116.1K long · 24 Sept, 13:03Closed a position, 24 Sept: $117,225.07 to $0.00Opened a position, 24 Sept: $0.00 to $74,347.35Opened a position, 24 Sept: $0.00 to $74,576.18Closed a position, 23 Sept: $84,005.95 to $0.00Closed a position, 23 Sept: $83,661.42 to $0.00Opened a position, 23 Sept: $0.00 to $84,121.46Closed a position, 23 Sept: $76,019.65 to $0.00Reduced exposure, 23 Sept: $376,605.51 to $78,692.04Opened a position, 23 Sept: $0.00 to $72,363.21Opened a position, 23 Sept: $0.00 to $376,540.22Closed a position, 22 Sept: $374,824.30 to $0.00Closed a position, 22 Sept: $142,732.39 to $0.00Opened a position, 22 Sept: $0.00 to $150,057.16Opened a position, 22 Sept: $0.00 to $372,439.02Closed a position, 22 Sept: $150,504.88 to $0.00Closed a position, 21 Sept: $151,098.62 to $0.00Opened a position, 21 Sept: $0.00 to $145,954.05Opened a position, 21 Sept: $0.00 to $142,597.68Closed a position, 6 Sept: $254,948.19 to $0.00Opened a position, 6 Sept: $0.00 to $255,844.02Closed a position, 1 Sept: $446,241.52 to $0.00Closed a position, 1 Sept: $270,006.22 to $0.00Opened a position, 1 Sept: $0.00 to $270,540.66Opened a position, 1 Sept: $0.00 to $449,963.15Closed a position, 31 Aug: $54,904.48 to $0.00Closed a position, 31 Aug: $154,927.67 to $0.00Opened a position, 31 Aug: $0.00 to $54,663.42Closed a position, 31 Aug: $153,554.48 to $0.00Opened a position, 31 Aug: $0.00 to $153,820.45Opened a position, 31 Aug: $0.00 to $152,677.76Closed a position, 30 Aug: $271,782.00 to $0.00Closed a position, 30 Aug: $150,410.06 to $0.00Opened a position, 30 Aug: $0.00 to $150,431.03Increased exposure, 30 Aug: $68,820.72 to $274,434.38Opened a position, 29 Aug: $0.00 to $67,779.10Closed a position, 27 Aug: $70,742.22 to $0.00Opened a position, 26 Aug: $0.00 to $70,114.61Closed a position, 26 Aug: $80,568.22 to $0.00Opened a position, 26 Aug: $0.00 to $80,852.00Closed a position, 25 Aug: $588,652.51 to $0.00Closed a position, 25 Aug: $369,626.46 to $0.00Reduced exposure, 25 Aug: $594,387.02 to $395,959.54Opened a position, 25 Aug: $0.00 to $600,596.93Opened a position, 25 Aug: $0.00 to $596,563.46Closed a position, 24 Aug: $652,713.77 to $0.00LONG · $657.6K0SHORT · $657.6K24 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.

$1.9K available · 24 Aug, 16:43$0.0 available · 24 Aug, 22:43$0.0 available · 25 Aug, 04:43$0.0 available · 25 Aug, 10:43$88.9 available · 25 Aug, 16:43$0.0 available · 25 Aug, 22:43$225.3 available · 26 Aug, 04:43$454.9 available · 26 Aug, 10:43$0.0 available · 26 Aug, 16:43$116.5 available · 26 Aug, 22:43$0.0 available · 27 Aug, 04:43$173.9 available · 27 Aug, 10:43$722.4 available · 27 Aug, 16:43$627.7 available · 27 Aug, 22:43$0.0 available · 28 Aug, 04:43$183.1 available · 28 Aug, 10:43$0.0 available · 28 Aug, 16:43$0.0 available · 28 Aug, 22:43$358.0 available · 29 Aug, 04:43$0.0 available · 29 Aug, 10:43$283.4 available · 29 Aug, 16:44$815.5 available · 29 Aug, 22:43$0.0 available · 30 Aug, 04:44$269.5 available · 30 Aug, 10:44$4.2K available · 30 Aug, 16:44$0.0 available · 30 Aug, 22:44$0.0 available · 31 Aug, 04:44$2.3K available · 31 Aug, 10:44$1.4K available · 31 Aug, 16:44$1.2K available · 31 Aug, 22:44$1.1K available · 1 Sept, 04:44$0.0 available · 1 Sept, 10:44$0.0 available · 1 Sept, 16:44$0.0 available · 1 Sept, 22:44$0.0 available · 2 Sept, 04:44$0.0 available · 2 Sept, 10:44$0.0 available · 2 Sept, 16:44$0.0 available · 2 Sept, 22:44$0.0 available · 3 Sept, 04:44$0.0 available · 3 Sept, 10:44$0.0 available · 3 Sept, 16:44$0.0 available · 3 Sept, 22:45$317.7 available · 4 Sept, 04:44$0.0 available · 4 Sept, 10:45$1.3K available · 4 Sept, 16:45$0.0 available · 4 Sept, 22:45$0.0 available · 5 Sept, 04:45$0.0 available · 5 Sept, 10:45$159.0 available · 5 Sept, 16:45$80.7 available · 5 Sept, 22:45$1.2K available · 6 Sept, 04:45$0.0 available · 6 Sept, 10:45$0.0 available · 6 Sept, 16:45$0.0 available · 6 Sept, 22:45$0.0 available · 7 Sept, 04:45$0.0 available · 7 Sept, 10:45$0.0 available · 7 Sept, 16:45$0.0 available · 7 Sept, 22:45$55.7 available · 8 Sept, 04:45$0.0 available · 8 Sept, 10:45$1.3K available · 8 Sept, 16:45$496.5 available · 8 Sept, 22:45$1.7K available · 9 Sept, 04:45$0.0 available · 9 Sept, 10:45$31.9 available · 9 Sept, 16:45$0.0 available · 9 Sept, 19:08$15.7 available · 10 Sept, 01:09$0.0 available · 10 Sept, 10:48$123.0 available · 10 Sept, 16:48$0.0 available · 10 Sept, 22:48$0.0 available · 11 Sept, 04:48$0.0 available · 11 Sept, 10:48$0.0 available · 11 Sept, 16:48$0.0 available · 11 Sept, 22:48$0.0 available · 12 Sept, 04:48$0.0 available · 12 Sept, 10:48$5.5 available · 12 Sept, 16:48$0.0 available · 12 Sept, 22:48$0.0 available · 13 Sept, 04:48$0.0 available · 13 Sept, 10:48$907.0 available · 13 Sept, 16:48$0.0 available · 13 Sept, 22:48$245.7 available · 14 Sept, 04:48$0.0 available · 14 Sept, 10:48$0.0 available · 14 Sept, 16:48$0.0 available · 14 Sept, 22:48$0.0 available · 15 Sept, 04:48$0.0 available · 15 Sept, 10:48$0.0 available · 15 Sept, 16:48$0.0 available · 15 Sept, 22:48$0.0 available · 16 Sept, 04:48$0.0 available · 16 Sept, 10:48$0.0 available · 16 Sept, 16:48$0.0 available · 16 Sept, 22:48$430.6 available · 17 Sept, 04:48$0.0 available · 17 Sept, 07:02$0.0 available · 17 Sept, 13:02$0.0 available · 17 Sept, 19:02$186.1 available · 18 Sept, 01:02$0.0 available · 18 Sept, 07:02$117.6 available · 18 Sept, 13:02$0.0 available · 18 Sept, 19:02$0.0 available · 19 Sept, 01:02$397.1 available · 19 Sept, 07:02$0.0 available · 19 Sept, 13:02$130.6 available · 19 Sept, 19:02$0.0 available · 20 Sept, 07:02$13.2 available · 20 Sept, 13:02$148.8 available · 21 Sept, 01:02$0.0 available · 21 Sept, 07:03$0.0 available · 21 Sept, 13:03$2.3K available · 21 Sept, 19:03$0.0 available · 22 Sept, 01:03$628.2 available · 22 Sept, 07:03$0.0 available · 22 Sept, 13:03$0.0 available · 22 Sept, 19:03$98.0 available · 23 Sept, 01:03$0.0 available · 23 Sept, 07:03$0.0 available · 23 Sept, 13:03$0.0 available · 23 Sept, 19:03$0.0 available · 24 Sept, 01:03$0.0 available · 24 Sept, 07:03$690.0 available · 24 Sept, 13:03$4.2K024 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.

Closed a positionLatest
$117,225.07 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $74,347.35
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $74,576.18
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$84,005.95 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$83,661.42 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $84,121.46
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$76,019.65 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Reduced exposure
$376,605.51 → $78,692.04
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $72,363.21
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $376,540.22
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$374,824.30 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$142,732.39 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a positionSelected
$0.00 → $150,057.16
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $372,439.02
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$150,504.88 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$151,098.62 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $145,954.05
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $142,597.68
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$254,948.19 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $255,844.02
Structural position change — position opened
→ · fixed wallet frame