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Observed Hyperliquid wallet · ETH position history

ETH wallet #11 opened a $2.5M short

0x9c2a2a966ed8e47f0c8b7e2ec2b91424f229f6a8

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 0x9c2a2a966ed8e47f0c8b7e2ec2b91424f229f6a8. 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: #11. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/eth/wallets/0x9c2a2a966ed8e47f0c8b7e2ec2b91424f229f6a8?event=evt_b4aaa8191490a3672fb72239
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Selected change

Opened a position

top-100 observed ETH wallet

+$2.5M
$0.0 → $2.5M #11 by observed ETH exposure 0.43% of observed exposure

Structural position change: position opened.

→ · event ID evt_b4aaa8191490a3672fb72239
Account value$1,273,444.66
Free collateral$0.00
Margin used$679,916.98
No ETH position was observed in the latest successful fixed-frame scan.

Recent behavior: this wallet has opened a position, closed a position, increased exposure and reduced exposure in ETH over the last 24 days.

A comparable increase of $2.0M was observed on 7 September 2026.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 104 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$443.9K
This change5.6× typical
Same-direction prior changes88
Same direction in current frame265 of 483

A similarly sized change in the same direction was observed on 11 September 2026.

This is unusually large relative to 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 changes105
Opened / closed6 / 7
Increased / reduced83 / 9
Flips0
Collateral changes52
Largest observed move$7.4M
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$116,698.07 → $0.00
Account value$1,887,925.07 → $1,844,489.62
Maintenance margin$327,159.14 → $479,035.24
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.

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
Increased exposureETH account state
Liquidation price$3,002.80 → $3,001.34Account value−$383.7KMaintenance margin−$123.6K
· observed state change
Increased exposureETH account state
Liquidation price$3,060.67 → $2,970.76Account value−$393.9KMaintenance margin−$58.5K
· observed state change
Available collateral decreasedETH account state
Liquidation price$3,056.50 → $2,985.84Account value−$43.4KMaintenance margin+$151.9K
· observed state change
Available collateral decreasedETH account state
Liquidation price$3,044.53 → $2,990.88Account value+$8.5KMaintenance margin+$150.8K
· observed state change
Available collateral decreasedETH account state
Liquidation price$3,058.87 → $3,044.53Account value−$61.8KMaintenance margin+$1.2K
· observed state change
Available collateral increasedETH account state
Liquidation price$2,955.90 → $3,056.50Account value+$275.7KMaintenance margin−$177.3K
· observed state change
Available collateral increasedETH account state
Liquidation price$3,036.76 → $3,058.87Account value+$131.1KMaintenance margin−$2.6K
· 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$3.8M short · 24 Aug, 16:39$3.8M short · 24 Aug, 22:39$4.1M short · 25 Aug, 04:39$4.1M short · 25 Aug, 10:39$4.0M short · 25 Aug, 16:40$4.0M short · 25 Aug, 22:40$4.3M short · 26 Aug, 04:40$4.3M short · 26 Aug, 10:40$4.3M short · 26 Aug, 16:40$4.4M short · 26 Aug, 22:40$4.5M short · 27 Aug, 04:40$3.4M short · 27 Aug, 10:40$4.6M short · 27 Aug, 16:40$4.5M short · 27 Aug, 22:40$2.5M short · 28 Aug, 04:40$3.0M short · 28 Aug, 10:40$3.2M short · 28 Aug, 16:40$3.2M short · 28 Aug, 22:40$3.5M short · 29 Aug, 04:40$3.5M short · 29 Aug, 10:40Increased exposure, 30 Aug: $3,573,087.98 to $3,673,049.31Increased exposure, 29 Aug: $3,244,752.48 to $3,544,009.52Increased exposure, 29 Aug: $3,253,005.63 to $3,553,023.84Increased exposure, 28 Aug: $2,946,706.61 to $3,240,160.00Increased exposure, 28 Aug: $3,006,086.24 to $3,305,453.07Increased exposure, 28 Aug: $2,501,706.21 to $3,017,344.77Increased exposure, 28 Aug: $2,953,970.72 to $3,016,255.23Increased exposure, 28 Aug: $2,462,143.57 to $2,965,352.43Reduced exposure, 28 Aug: $4,492,965.57 to $2,492,873.53Increased exposure, 28 Aug: $2,152,446.31 to $2,452,693.28Increased exposure, 28 Aug: $9,907.29 to $2,158,666.38Reduced exposure, 28 Aug: $4,569,125.19 to $10,014.35Available collateral decreased, 27 Aug: $59,531.30 to $6,753.97Available collateral decreased, 27 Aug: $78,167.06 to $18,583.08Available collateral increased, 27 Aug: $0.00 to $78,167.06Increased exposure, 27 Aug: $3,399,193.82 to $4,557,728.38Available collateral decreased, 27 Aug: $62,585.87 to $0.00Increased exposure, 27 Aug: $4,117,358.53 to $4,517,206.40Increased exposure, 27 Aug: $2,879,847.54 to $4,125,767.86Available collateral increased, 27 Aug: $0.00 to $62,585.87Reduced exposure, 27 Aug: $4,505,119.25 to $3,383,138.57Reduced exposure, 27 Aug: $4,544,824.59 to $2,911,498.64Increased exposure, 27 Aug: $4,366,785.47 to $4,466,042.72Increased exposure, 27 Aug: $4,375,656.77 to $4,475,115.66Available collateral decreased, 26 Aug: $81,648.63 to $0.00Available collateral increased, 26 Aug: $0.00 to $81,648.63Available collateral decreased, 26 Aug: $101,237.45 to $0.00Available collateral increased, 26 Aug: $34,213.54 to $101,237.45Available collateral decreased, 26 Aug: $100,015.37 to $34,213.54Available collateral increased, 26 Aug: $0.00 to $123,385.82Increased exposure, 26 Aug: $4,027,527.47 to $4,327,874.74Available collateral decreased, 26 Aug: $82,510.35 to $0.00Increased exposure, 26 Aug: $4,035,047.46 to $4,335,955.52Available collateral decreased, 26 Aug: $109,826.62 to $0.00Available collateral increased, 26 Aug: $34,616.52 to $109,826.62Available collateral increased, 25 Aug: $0.00 to $82,510.35Available collateral decreased, 25 Aug: $219,807.14 to $34,616.52Available collateral increased, 25 Aug: $0.00 to $219,807.14Increased exposure, 25 Aug: $3,776,515.44 to $4,075,263.07Increased exposure, 25 Aug: $3,801,814.92 to $4,102,563.91Available collateral decreased, 24 Aug: $78,577.52 to $0.00Available collateral increased, 24 Aug: $0.00 to $83,080.51Available collateral decreased, 24 Aug: $63,461.83 to $0.00Available collateral decreased, 23 Aug: $68,707.76 to $0.00Available collateral decreased, 23 Aug: $57,487.28 to $0.00Available collateral increased, 23 Aug: $0.00 to $68,707.76Increased exposure, 23 Aug: $3,310,367.93 to $3,713,948.46LONG · $4.6M0SHORT · $4.6M24 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.

$0.0 available · 24 Aug, 16:39$0.0 available · 24 Aug, 22:39$0.0 available · 25 Aug, 04:39$0.0 available · 25 Aug, 10:39$0.0 available · 25 Aug, 16:40$82.5K available · 25 Aug, 22:40$0.0 available · 26 Aug, 04:40$0.0 available · 26 Aug, 10:40$37.7K available · 26 Aug, 16:40$0.0 available · 26 Aug, 22:40$0.0 available · 27 Aug, 04:40$62.6K available · 27 Aug, 10:40$0.0 available · 27 Aug, 16:40$0.0 available · 27 Aug, 22:40$0.0 available · 28 Aug, 04:40$0.0 available · 28 Aug, 10:40$0.0 available · 28 Aug, 16:40$0.0 available · 28 Aug, 22:40$0.0 available · 29 Aug, 04:40$0.0 available · 29 Aug, 10:40$82.5K024 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.

Opened a positionSelected
$0.00 → $2,488,073.66
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$7,373,188.05 → $0.00
Major wallet · structural change — Former top-10 observed ETH wallet; position closed
→ · fixed wallet frame
Closed a position
$7,416,470.03 → $0.00
Major wallet · structural change — Former top-10 observed ETH wallet; position closed
→ · fixed wallet frame
Increased exposure
$7,124,402.20 → $7,325,258.33
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$7,106,603.56 → $7,306,957.89
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral decreased
$116,698.07 → $0.00
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral decreased
$81,294.07 → $0.00
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral decreased
$149,234.84 → $81,294.07
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $116,698.07
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral increased
$4,980.93 → $149,234.84
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$5,000,542.03 → $7,254,078.05
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$6,254,388.86 → $7,258,315.82
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Opened a position
$0.00 → $6,330,342.75
Major wallet · structural change — top-10 observed ETH wallet; position opened
→ · fixed wallet frame
Closed a position
$5,134,725.95 → $0.00
Major wallet · structural change — Former top-10 observed ETH wallet; position closed
→ · fixed wallet frame
Increased exposure
$4,486,752.62 → $4,787,873.17
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$4,465,217.23 → $4,764,892.47
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$4,264,983.72 → $4,463,574.70
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$4,294,454.52 → $4,494,417.76
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$4,004,502.01 → $4,304,568.77
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Increased exposure
$4,007,746.56 → $4,308,056.43
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 arrivedsend
+$500.0K
· observed account movement
Money arrivedsend
+$400.0K
· observed account movement
Money arrivedsend
+$100.0K
· observed account movement
Money arrivedsend
+$300.0K
· observed account movement
Money arrivedsend
+$1.4M
· observed account movement