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Observed Hyperliquid wallet · ETH position history

ETH wallet currently holds a $79.4K short

0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf

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 ETHWatch this wallet
Latest attempt Observed successfully25.7% 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 0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf. Observation window: 2026-09-25 19:56:38.835Z–2026-09-26 01:51:10.832Z. Coverage at the change: 25.7%. Observed rank after the change: #69. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/eth/wallets/0xa38f19c4ccbcfd64cff676d72c436f7e6239dccf
Read the methodology →Browse research →
Latest material actionAvailable collateral decreased$145,507.59 → $48,500.92
Account value$524,707.03
Free collateral$48,500.92
Margin used$202,120.23
Current observed position

ETH short

$79.4K
Size-29.5032
Entry$2,733.09
Liquidation$16,902.70
Leverage10× cross
Unrealized PnL$1,283.16

Recent behavior: this wallet has closed a position, opened a position and reduced exposure in ETH over the last 35 days.

A comparable reduction of $84.8K was observed on 21 August 2026.

Historical context

This wallet's baseline is still building

Isobath shows a wallet-relative comparison only after at least four prior comparable position changes have been recorded for this wallet and market.

This event remains fully available with its before-and-after values, timestamp, coverage and event history. A missing baseline is a limit of the observed record, not evidence that the wallet was inactive.

Wallet record

Observed behaviour

Counts from this wallet's stored changes in ETH. They describe what was observed, not why it happened.

Position changes4
Opened / closed2 / 1
Increased / reduced0 / 1
Flips0
Collateral changes18
Largest observed move$84.8K
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$145,507.59 → $48,500.92
Account value$591,907.20 → $524,707.03
Maintenance margin$98,628.62 → $96,988.43
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.

Available collateral decreasedETH account state
Liquidation price$19,084.36 → $16,902.70Account value−$67.2KMaintenance margin−$1.6K
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Available collateral decreasedETH account state
Liquidation price$18,474.13 → $19,564.71Account value+$25.3KMaintenance margin−$10.0K
· observed state change
Available collateral increasedETH account state
Liquidation price$20,025.47 → $18,928.54Account value+$19.6KMaintenance margin−$49.0K
· observed state change
Available collateral decreasedETH account state
Liquidation price$21,596.93 → $21,591.04Account value+$1.2KMaintenance margin+$1.8K
· observed state change
Available collateral decreasedETH account state
Liquidation price$19,411.45 → $21,891.98Account value−$15.7KMaintenance margin+$5.0K
· observed state change
Available collateral increasedETH account state
Liquidation price$21,232.38 → $21,596.93Account value+$440.9Maintenance margin−$8.5K
· observed state change
Available collateral increasedETH account state
Liquidation price$19,181.14 → $21,232.38Account value+$45.0KMaintenance margin−$4.9K
· observed state change
Available collateral decreasedETH account state
Liquidation price$20,863.11 → $19,181.14Account value−$40.5KMaintenance margin+$362.4
· observed state change
Available collateral increasedETH account state
Liquidation price$18,894.40 → $19,411.45Account value+$9.4KMaintenance margin+$2.0K
· 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.

$18.5K long · 24 Aug, 16:41$40.7K long · 24 Aug, 22:41$45.4K long · 25 Aug, 04:41$48.4K long · 25 Aug, 10:41$47.8K long · 25 Aug, 16:41$47.4K long · 25 Aug, 22:41$48.1K long · 26 Aug, 04:41$49.2K long · 26 Aug, 10:41$48.8K long · 26 Aug, 16:41$51.6K long · 26 Aug, 22:41$46.7K long · 27 Aug, 04:41$50.4K long · 27 Aug, 10:41$54.1K long · 27 Aug, 16:41$58.1K long · 27 Aug, 22:41$55.2K long · 28 Aug, 04:41$54.7K long · 28 Aug, 10:41$55.8K long · 28 Aug, 16:41$55.8K long · 28 Aug, 22:41$55.3K long · 29 Aug, 04:42$55.2K long · 29 Aug, 10:42LONG · $58.1K0SHORT · $58.1K24 Aug29 Aug
Hover, tap, or tab to a point for its exact value.
20 fixed-frame observationsObserved 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.

$62.8K available · 24 Aug, 16:41$64.2K available · 24 Aug, 22:41$64.4K available · 25 Aug, 04:41$81.0K available · 25 Aug, 10:41$58.3K available · 25 Aug, 16:41$32.4K available · 25 Aug, 22:41$43.8K available · 26 Aug, 04:41$45.2K available · 26 Aug, 10:41$37.8K available · 26 Aug, 16:41$36.1K available · 26 Aug, 22:41$38.2K available · 27 Aug, 04:41$25.9K available · 27 Aug, 10:41$33.6K available · 27 Aug, 16:41$63.4K available · 27 Aug, 22:41$53.3K available · 28 Aug, 04:41$62.0K available · 28 Aug, 10:41$59.4K available · 28 Aug, 16:41$59.9K available · 28 Aug, 22:41$37.3K available · 29 Aug, 04:42$28.3K available · 29 Aug, 10:42$81.0K024 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.

Available collateral decreasedLatest
$145,507.59 → $48,500.92
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Closed a position
$79,673.11 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Available collateral decreased
$226,009.97 → $142,598.20
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$103,166.25 → $191,372.30
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$333,623.20 → $95,611.78
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$158,363.05 → $101,290.43
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$119,407.23 → $333,623.20
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$22,006.85 → $119,407.23
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$93,128.53 → $22,006.85
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$95,746.33 → $158,363.05
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$197,948.53 → $86,865.77
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$182,555.63 → $120,616.71
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$111,460.87 → $182,555.63
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$112,344.31 → $162,415.96
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$119,469.75 → $45,887.75
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$181,413.96 → $78,293.35
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$20,696.90 → $88,234.91
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$174,032.39 → $49,417.87
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Opened a position
$0.00 → $58,525.60
Structural position change — position opened
→ · fixed wallet frame
Opened a position
$0.00 → $53,032.58
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 arriveddeposit
+$20.0K
· observed account movement
Money arriveddeposit
+$17.5K
· observed account movement
Money leftsend
−$34.8K
· observed account movement
Money leftwithdraw
−$20.0K
· observed account movement
Money leftwithdraw
−$30.0K
· observed account movement
Money leftwithdraw
−$7.5K
· observed account movement
Money arriveddeposit
+$20.0K
· observed account movement
Money arriveddeposit
+$20.0K
· observed account movement