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Observed Hyperliquid wallet · ETH position history

ETH wallet #46 flipped to a $56.7K long

0x654086857e1fad6dcf05cf6695cce51ea3984268

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 successfully20.4% 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 0x654086857e1fad6dcf05cf6695cce51ea3984268. Observation window: 2026-08-28 01:22:35.495Z–2026-08-28 02:22:32.711Z. Coverage at the change: 34.2%. Observed rank after the change: #46. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/eth/wallets/0x654086857e1fad6dcf05cf6695cce51ea3984268?event=evt_578e30e37b5ad54a76948878
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Selected change

Flipped from short to long

top-100 observed ETH wallet

+$20.5K+56.4%
$36.3K → $56.7K #46 by observed ETH exposure 0.02% of observed exposure

Structural position change: position flipped short to long.

→ · event ID evt_578e30e37b5ad54a76948878
Latest material actionClosed a position$57,232.80 → $0.00
Account value$56,259.77
Free collateral$45,962.89
Margin used$9,918.68
Current observed position

ETH short

$42.8K
Size-16.9795
Entry$2,522.76
Liquidation$5,677.82
Leverage10× cross
Unrealized PnL$26.56

Recent behavior: this wallet has closed a position, flipped from long to short, flipped from short to long, opened a position, reduced exposure and increased exposure in ETH over the last 22 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 55 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$54.9K
This change0.4× typical
Same-direction prior changes22
Same direction in current frame167 of 373

A similarly sized change in the same direction was observed on 22 August 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 changes56
Opened / closed14 / 21
Increased / reduced2 / 3
Flips16
Collateral changes0
Largest observed move$139.3K
Observed account capacity

Current account snapshot

Latest successful values from the wallet record. No collateral change is claimed where none was recorded.

Withdrawable collateral$45,962.89
Account value$56,259.77
Margin used$9,918.68
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 positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Flipped from long to shortETH account state
Liquidation price$462.24 → $4,851.32Account value−$90.2Maintenance margin−$916.4
· observed state change
Flipped from short to longETH account state
Liquidation price$10,134.99 → $462.24Account value+$102.1Maintenance margin+$1.6K
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Opened a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Opened a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· 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$30.0K short · 24 Aug, 16:35$25.3K short · 24 Aug, 22:35$17.5K short · 25 Aug, 04:35$5.0K long · 25 Aug, 10:35$54.9K long · 25 Aug, 16:35$11.0K long · 25 Aug, 22:35$58.2K short · 26 Aug, 04:35$57.2K long · 26 Aug, 10:35$23.4K long · 26 Aug, 16:35$71.6K long · 26 Aug, 22:35$68.1K short · 27 Aug, 04:35$14.6K long · 27 Aug, 10:35$45.3K short · 27 Aug, 16:35$24.2K long · 27 Aug, 22:35$3.1K short · 28 Aug, 04:35$5.8K short · 28 Aug, 10:35$58.0K short · 28 Aug, 16:35$5.3K short · 28 Aug, 22:35$14.1K short · 29 Aug, 04:35$3.6K long · 29 Aug, 10:36Closed a position, 29 Aug: $64,046.71 to $0.00Opened a position, 29 Aug: $0.00 to $74,016.72Closed a position, 29 Aug: $53,231.25 to $0.00Opened a position, 29 Aug: $0.00 to $56,628.55Reduced exposure, 28 Aug: $58,083.87 to $5,303.85Increased exposure, 28 Aug: $5,649.30 to $58,044.52Flipped from long to short, 28 Aug: $56,574.38 to $26,365.08Flipped from short to long, 28 Aug: $36,280.85 to $56,737.87Flipped from long to short, 28 Aug: $43,408.04 to $36,672.88Closed a position, 27 Aug: $68,736.71 to $0.00Flipped from long to short, 27 Aug: $71,170.19 to $68,140.50Opened a position, 26 Aug: $0.00 to $71,566.73Closed a position, 26 Aug: $57,109.47 to $0.00Closed a position, 26 Aug: $63,043.48 to $0.00Flipped from short to long, 26 Aug: $25,766.37 to $62,700.94Flipped from long to short, 26 Aug: $71,079.76 to $25,929.28Flipped from short to long, 26 Aug: $58,037.60 to $57,249.25Opened a position, 26 Aug: $0.00 to $70,831.19Reduced exposure, 26 Aug: $72,195.95 to $12,974.23Opened a position, 26 Aug: $0.00 to $58,184.02Closed a position, 25 Aug: $54,358.95 to $0.00Opened a position, 25 Aug: $0.00 to $54,934.06Flipped from short to long, 25 Aug: $42,831.76 to $40,956.44Increased exposure, 24 Aug: $3,013.42 to $69,786.30LONG · $71.6K0SHORT · $71.6K24 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.

$32.1K available · 24 Aug, 16:35$33.2K available · 24 Aug, 22:35$29.8K available · 25 Aug, 04:35$29.1K available · 25 Aug, 10:35$25.2K available · 25 Aug, 16:35$29.7K available · 25 Aug, 22:35$21.5K available · 26 Aug, 04:35$24.1K available · 26 Aug, 10:35$29.0K available · 26 Aug, 16:35$27.0K available · 26 Aug, 22:35$25.0K available · 27 Aug, 04:35$32.5K available · 27 Aug, 10:35$30.2K available · 27 Aug, 16:35$33.4K available · 27 Aug, 22:35$34.4K available · 28 Aug, 04:35$32.0K available · 28 Aug, 10:35$26.1K available · 28 Aug, 16:35$38.4K available · 28 Aug, 22:35$34.1K available · 29 Aug, 04:35$35.6K available · 29 Aug, 10:36$38.4K024 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.

Closed a positionLatest
$57,232.80 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$50,901.61 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Flipped from long to short
$65,850.98 → $54,595.40
Structural position change — position flipped long to short
→ · fixed wallet frame
Flipped from short to long
$17,032.34 → $65,519.15
Structural position change — position flipped short to long
→ · fixed wallet frame
Closed a position
$55,159.31 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$52,936.54 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $53,078.50
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$70,226.04 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$55,342.39 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $67,785.30
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $69,609.54
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$56,754.35 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$52,488.67 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Closed a position
$70,324.48 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Flipped from short to long
$41,452.93 → $70,285.33
Structural position change — position flipped short to long
→ · fixed wallet frame
Closed a position
$58,843.87 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $61,782.22
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$53,289.42 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Opened a position
$0.00 → $53,774.73
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$69,676.16 → $0.00
Structural position change — position closed
→ · 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 arrivedsend
+$10.0K
· observed account movement
Money leftsend
−$10.0K
· observed account movement
Money leftsend
−$10.0K
· observed account movement
Money leftsend
−$10.0K
· observed account movement