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Observed Hyperliquid wallet · ETH position history

ETH wallet #10 reduced to a $4.2M short

0x27c9fa86c91b84ddfa15de58c482ff662498d65d

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.

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Latest attempt Observed successfully22.5% 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, ETH wallet record for 0x27c9fa86c91b84ddfa15de58c482ff662498d65d. Observation window: 2026-09-14 22:17:43.501Z–2026-09-15 00:17:41.371Z. Coverage at the change: 22.5%. Observed rank after the change: #10. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/eth/wallets/0x27c9fa86c91b84ddfa15de58c482ff662498d65d?event=evt_aeba33e5234bd045bf85d055
Selected change

Reduced exposure

top-10 observed ETH wallet

−$66.7K-1.5%
$4.3M → $4.2M #10 by observed ETH exposure 0.73% of observed exposure

Major wallet change: top-10 observed ETH wallet.

· event ID evt_aeba33e5234bd045bf85d055
Account value$1,562,299.47
Free collateral$126,677.79
Margin used$991,374.10
Current observed position

ETH short

$4.3M
Size-1714.5129
Entry$2,484.21
Liquidation$3,143.85
Leverage25× cross
Unrealized PnL-$85,180.79

Recent behavior: this wallet has reduced exposure, increased exposure, opened a position, closed a position and flipped from long to short in ETH over the last 20 days.

A comparable reduction of $82.4K was observed on 7 September 2026.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 102 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$178.7K
This change0.4× typical
Same-direction prior changes61
Same direction in current frame218 of 483

A similarly sized change in the same direction was observed on 14 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 ETH. They describe what was observed, not why it happened.

Position changes103
Opened / closed11 / 9
Increased / reduced30 / 51
Flips2
Collateral changes71
Largest observed move$4.4M
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$0.00 → $126,677.79
Account value$1,611,265.80 → $1,562,299.47
Maintenance margin$621,490.91 → $495,621.15
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 exposureETH account state
Liquidation price$3,113.02 → $3,093.82Account value+$16.5KMaintenance margin−$9.6K
· observed state change
Available collateral increasedETH account state
Liquidation price$3,099.26 → $3,143.85Account value−$49.0KMaintenance margin−$125.9K
· observed state change
Increased exposureETH account state
Liquidation price$3,217.37 → $3,106.11Account value−$125.0KMaintenance margin−$24.6K
· observed state change
Available collateral decreasedETH account state
Liquidation price$3,217.37 → $3,106.11Account value−$125.0KMaintenance margin−$24.6K
· observed state change
Increased exposureETH account state
Liquidation price$3,201.38 → $3,099.26Account value−$127.0KMaintenance margin−$27.5K
· observed state change
Available collateral increasedETH account state
Liquidation price$3,183.59 → $3,227.08Account value+$61.9KMaintenance margin−$22.8K
· observed state change
Available collateral decreasedETH account state
Liquidation price$3,225.31 → $3,183.59Account value−$88.3KMaintenance margin+$2.4K
· observed state change
Available collateral increasedETH account state
Liquidation price$3,220.53 → $3,225.31Account value+$8.8KMaintenance margin−$16.6K
· observed state change
Reduced exposureETH account state
Liquidation price$3,108.81 → $3,201.38Account value+$155.2KMaintenance margin+$29.6K
· observed state change
Reduced exposureETH account state
Liquidation price$3,170.33 → $3,191.00Account value+$21.8KMaintenance margin−$4.2K
· observed state change
Position over time

Observed ETH 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$92.7K long · 24 Aug, 16:45$506.5K long · 24 Aug, 22:45$671.1K long · 25 Aug, 04:45$680.3K long · 25 Aug, 10:46$942.7K long · 25 Aug, 16:46$1.7M long · 25 Aug, 22:46$2.2M long · 26 Aug, 04:46$2.2M long · 26 Aug, 10:46$2.1M long · 26 Aug, 16:46$2.0M long · 26 Aug, 22:46$2.0M long · 27 Aug, 04:46$2.1M long · 27 Aug, 10:46$2.1M long · 27 Aug, 16:46$2.0M long · 27 Aug, 22:46$1.8M long · 28 Aug, 04:46$1.4M short · 28 Aug, 10:46$1.7M short · 28 Aug, 16:46$2.3M short · 28 Aug, 22:46$2.4M short · 29 Aug, 04:46$2.5M short · 29 Aug, 10:46Increased exposure, 29 Aug: $2,541,033.33 to $3,717,842.83Increased exposure, 29 Aug: $2,594,895.73 to $3,727,554.69Available collateral decreased, 29 Aug: $90,337.89 to $28,633.51Increased exposure, 29 Aug: $2,387,163.55 to $2,494,423.69Available collateral increased, 29 Aug: $0.00 to $90,337.89Increased exposure, 29 Aug: $2,324,012.58 to $2,389,221.91Increased exposure, 29 Aug: $1,946,805.86 to $2,331,123.43Increased exposure, 28 Aug: $1,669,752.66 to $2,322,296.42Increased exposure, 28 Aug: $1,568,482.77 to $1,909,894.35Increased exposure, 28 Aug: $1,352,871.08 to $1,668,621.55Available collateral increased, 28 Aug: $0.00 to $66,641.00Available collateral decreased, 28 Aug: $125,618.45 to $0.00Available collateral increased, 28 Aug: $14,632.35 to $125,618.45Increased exposure, 28 Aug: $1,387,687.67 to $1,581,169.10Flipped from long to short, 28 Aug: $1,821,157.20 to $1,385,301.97Available collateral decreased, 28 Aug: $201,430.55 to $38,603.20Increased exposure, 28 Aug: $620,168.45 to $1,377,657.06Increased exposure, 28 Aug: $514,194.63 to $621,565.48Flipped from long to short, 28 Aug: $961,276.80 to $516,093.28Reduced exposure, 28 Aug: $1,644,913.40 to $959,393.26Available collateral decreased, 28 Aug: $186,417.03 to $87,730.18Reduced exposure, 28 Aug: $1,838,748.69 to $1,648,406.42Available collateral increased, 28 Aug: $0.00 to $201,430.55Reduced exposure, 28 Aug: $1,997,361.51 to $1,814,727.30Reduced exposure, 28 Aug: $1,884,883.58 to $1,834,190.69Available collateral increased, 28 Aug: $107,675.07 to $186,417.03Reduced exposure, 28 Aug: $1,940,527.52 to $1,882,314.95Available collateral increased, 28 Aug: $18,626.25 to $107,675.07Reduced exposure, 27 Aug: $2,134,711.80 to $2,020,040.07Opened a position, 27 Aug: $0.00 to $2,086,323.70Reduced exposure, 26 Aug: $2,192,591.99 to $2,039,932.87Reduced exposure, 26 Aug: $2,211,398.13 to $2,150,312.90Increased exposure, 26 Aug: $1,749,969.03 to $2,205,464.16Increased exposure, 25 Aug: $931,521.70 to $1,738,888.10Closed a position, 25 Aug: $940,387.72 to $0.00Opened a position, 25 Aug: $0.00 to $941,377.06Opened a position, 25 Aug: $0.00 to $937,221.91Available collateral decreased, 24 Aug: $161,351.05 to $0.00Available collateral increased, 24 Aug: $0.00 to $161,351.05Available collateral decreased, 24 Aug: $57,503.69 to $0.00Available collateral increased, 24 Aug: $0.00 to $122,923.93Available collateral increased, 24 Aug: $0.00 to $57,109.24Available collateral decreased, 24 Aug: $82,118.26 to $0.00Available collateral decreased, 24 Aug: $240,779.80 to $0.00Available collateral increased, 24 Aug: $189,572.10 to $240,779.80Available collateral increased, 24 Aug: $106,962.98 to $189,572.10Available collateral increased, 23 Aug: $893.49 to $106,962.98Available collateral increased, 23 Aug: $0.00 to $82,118.26LONG · $2.5M0SHORT · $2.5M24 Aug29 Aug
Hover, tap, or tab to a point for its exact value.
20 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.

$1.6K available · 24 Aug, 16:45$46.3K available · 24 Aug, 22:45$127.1K available · 25 Aug, 04:45$108.9K available · 25 Aug, 10:46$0.0 available · 25 Aug, 16:46$0.0 available · 25 Aug, 22:46$0.0 available · 26 Aug, 04:46$47.9K available · 26 Aug, 10:46$0.0 available · 26 Aug, 16:46$0.0 available · 26 Aug, 22:46$30.8K available · 27 Aug, 04:46$0.0 available · 27 Aug, 10:46$0.0 available · 27 Aug, 16:46$0.0 available · 27 Aug, 22:46$201.4K available · 28 Aug, 04:46$38.6K available · 28 Aug, 10:46$0.0 available · 28 Aug, 16:46$0.0 available · 28 Aug, 22:46$90.3K available · 29 Aug, 04:46$28.6K available · 29 Aug, 10:46$201.4K024 Aug29 Aug
Hover, tap, or tab to a point for its exact value.
20 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 exposureSelected
$4,313,697.38 $4,247,004.86
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral increased
$0.00 $126,677.79
Material observed change — ranked by absolute material change
· fixed wallet frame
Increased exposure
$3,885,963.59 $4,354,456.64
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral decreased
$100,979.70 $0.00
Material observed change — ranked by absolute material change
· fixed wallet frame
Increased exposure
$3,919,730.05 $4,320,379.05
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$1,920.57 $112,787.93
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral decreased
$114,520.10 $1,920.57
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$54,034.47 $114,520.10
Material observed change — ranked by absolute material change
· fixed wallet frame
Reduced exposure
$4,002,525.11 $3,907,145.65
Material observed change — ranked by absolute material change
· fixed wallet frame
Reduced exposure
$4,004,959.38 $3,935,424.53
Material observed change — ranked by absolute material change
· fixed wallet frame
Opened a position
$0.00 $3,993,333.86
Structural position change — position opened
· fixed wallet frame
Reduced exposure
$4,070,505.47 $4,003,480.04
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral decreased
$96,500.97 $0.00
Material observed change — ranked by absolute material change
· fixed wallet frame
Increased exposure
$3,670,085.92 $4,008,204.70
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral decreased
$136,231.20 $60,529.44
Material observed change — ranked by absolute material change
· fixed wallet frame
Increased exposure
$3,339,012.91 $3,707,572.82
Material observed change — ranked by absolute material change
· fixed wallet frame
Closed a position
$3,324,807.86 $0.00
Major wallet · structural change — Former top-10 observed ETH wallet; position closed
· fixed wallet frame
Reduced exposure
$3,622,240.65 $3,308,588.49
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral increased
$26,786.39 $136,231.20
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral decreased
$257,507.88 $85,557.54
Major wallet change — top-10 observed ETH 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
−$150.0K
· observed account movement
Money leftwithdraw
−$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement
Money arriveddeposit
+$50.0K
· observed account movement