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Observed Hyperliquid wallet · ETH position history

ETH wallet #16 opened a $1.0M short

0xd4c1f7e8d876c4749228d515473d36f919583d1d

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 ETHWatch this wallet
Latest attempt Observed successfully17.1% 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 0xd4c1f7e8d876c4749228d515473d36f919583d1d. Observation window: 2026-09-11 00:05:20.311Z–2026-09-11 01:05:18.111Z. Coverage at the change: 17.1%. Observed rank after the change: #16. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/eth/wallets/0xd4c1f7e8d876c4749228d515473d36f919583d1d?event=evt_d7e26af8b4e0622e08a52193
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Selected change

Opened a position

top-100 observed ETH wallet

+$1.0M
$0.0 → $1.0M #16 by observed ETH exposure 0.26% of observed exposure

Structural position change: position opened.

→ · event ID evt_d7e26af8b4e0622e08a52193
Latest material actionIncreased exposure$1,007,848.33 → $1,677,850.02
Account value$2,510,030.58
Free collateral$1,619,742.07
Margin used$852,607.06
Current observed position

ETH long

$673.0K
Size275.139
Entry$2,446.29
Liquidationunavailable
Leverage12× cross
Unrealized PnL-$109.32

Recent behavior: this wallet has increased exposure, opened a position, closed a position, flipped from short to long and reduced exposure in ETH over the last 7 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 88 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$263.4K
This change3.8× typical
Same-direction prior changes29
Same direction in current frame228 of 478

A similarly sized change in the same direction was observed on 9 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 changes89
Opened / closed2 / 3
Increased / reduced28 / 55
Flips1
Collateral changes111
Largest observed move$16.8M
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$1,520,466.94 → $1,421,693.25
Account value$2,439,911.01 → $2,406,779.76
Maintenance margin$406,064.75 → $416,849.10
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.

Increased exposureETH account state
Liquidation price$7,309.92 → $5,303.92Account value−$33.1KMaintenance margin+$10.8K
· observed state change
Available collateral decreasedETH account state
Liquidation price$7,309.92 → $5,303.92Account value−$33.1KMaintenance margin+$10.8K
· 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
Increased exposureETH account state
Liquidation price$90.15 → $1,540.53Account value−$18.1KMaintenance margin+$138.1K
· observed state change
Available collateral decreasedETH account state
Liquidation price$90.15 → $1,540.53Account value−$18.1KMaintenance margin+$138.1K
· observed state change
Flipped from short to longETH account state
Liquidation price$4,420.26 → $90.15Account value+$109.4KMaintenance margin+$19.9K
· observed state change
Closed a positionETH account state
Liquidation priceunavailableAccount valueunavailableMaintenance marginunavailable
· observed state change
Reduced exposureETH account state
Liquidation price$6,692.89 → $6,968.61Account value−$7.6KMaintenance margin+$11.1K
· observed state change
Reduced exposureETH account state
Liquidation price$5,416.73 → $6,692.89Account value−$1.5KMaintenance margin−$10.9K
· 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$19.4M short · 24 Aug, 16:36$13.6M short · 24 Aug, 22:36$13.1M short · 25 Aug, 04:36$11.2M short · 25 Aug, 10:36$7.6M short · 25 Aug, 16:36$244.5K short · 25 Aug, 22:36$1.5M long · 26 Aug, 04:36$1.3M long · 26 Aug, 10:36$850.6K long · 26 Aug, 16:36$1.4M short · 26 Aug, 22:36$1.3M short · 27 Aug, 04:36$3.9M short · 27 Aug, 10:36$4.0M short · 27 Aug, 16:36$3.8M short · 27 Aug, 22:36$4.3M short · 28 Aug, 04:36$5.2M short · 28 Aug, 10:36$4.8M short · 28 Aug, 16:36$4.7M short · 28 Aug, 22:36$4.7M short · 29 Aug, 04:36$4.8M short · 29 Aug, 10:37LONG · $19.4M0SHORT · $19.4M24 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.

$643.5K available · 24 Aug, 16:36$2.4M available · 24 Aug, 22:36$1.3M available · 25 Aug, 04:36$1.6M available · 25 Aug, 10:36$1.3M available · 25 Aug, 16:36$2.2M available · 25 Aug, 22:36$902.1K available · 26 Aug, 04:36$965.3K available · 26 Aug, 10:36$1.6M available · 26 Aug, 16:36$1.2M available · 26 Aug, 22:36$1.2M available · 27 Aug, 04:36$790.6K available · 27 Aug, 10:36$329.2K available · 27 Aug, 16:36$838.2K available · 27 Aug, 22:36$1.5M available · 28 Aug, 04:36$743.5K available · 28 Aug, 10:36$1.6M available · 28 Aug, 16:36$921.2K available · 28 Aug, 22:36$157.0K available · 29 Aug, 04:36$580.2K available · 29 Aug, 10:37$2.4M024 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.

Increased exposureLatest
$1,007,848.33 → $1,677,850.02
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral decreased
$1,520,466.94 → $1,421,693.25
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Opened a positionSelected
$0.00 → $1,009,779.67
Structural position change — position opened
→ · fixed wallet frame
Closed a position
$5,270,207.02 → $0.00
Major wallet · structural change — Former top-10 observed ETH wallet; position closed
→ · fixed wallet frame
Increased exposure
$2,149,111.44 → $5,253,399.25
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Available collateral decreased
$1,376,657.50 → $1,010,005.74
Major wallet change — top-10 observed ETH wallet
→ · fixed wallet frame
Flipped from short to long
$2,434,538.43 → $2,175,997.92
Structural position change — position flipped short to long
→ · fixed wallet frame
Closed a position
$1,116,071.96 → $0.00
Structural position change — position closed
→ · fixed wallet frame
Reduced exposure
$1,202,347.67 → $1,118,244.06
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$1,717,708.33 → $1,202,007.08
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$1,730,278.38 → $1,657,070.33
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$1,901,950.45 → $1,729,998.71
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$1,473,654.65 → $1,397,627.98
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$2,507,659.48 → $1,892,880.18
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$1,742,933.71 → $1,473,654.65
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$14,781,768.22 → $2,431,185.14
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral decreased
$2,410,969.74 → $1,399,112.50
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$3,071,297.55 → $2,512,751.07
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Available collateral increased
$1,612,831.07 → $1,742,933.71
Material observed change — ranked by absolute material change
→ · fixed wallet frame
Reduced exposure
$7,103,784.27 → $3,051,009.35
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
+$17.8K
· observed account movement
Money leftsend
−$16.8K
· observed account movement
Money leftsend
−$15.7K
· observed account movement
Money arrivedsend
+$20.6K
· observed account movement
Money arrivedsend
+$19.8K
· observed account movement
Money leftsend
−$17.9K
· observed account movement
Money leftsend
−$17.4K
· observed account movement
Money arrivedsend
+$19.4K
· observed account movement