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Observed Hyperliquid wallet · ETH position history

ETH wallet #11 reduced to a $3.5M short

0xf9109ada2f73c62e9889b45453065f0d99260a2d

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 →
Latest attempt Observed successfully22.7% observed at that changeFixed wallet frame
Selected change

Reduced exposure

top-100 observed ETH wallet

−$398.6K-10.2%
$3.9M → $3.5M #11 by observed ETH exposure 0.64% of observed exposure

Material observed change: ranked by absolute material change.

· event ID evt_dbefbe5eeee39629921120ec
Latest material actionReduced exposure$3,526,563.18 → $3,389,222.13
Account value$6,083,029.34
Free collateral$3,944,725.52
Margin used$1,769,395.74
Current observed position

ETH short

$3.9M
Size-1575.0201
Entry$2,490.88
Liquidation$6,127.63
Leverage5× cross
Unrealized PnL$19,187.83

Recent behavior: this wallet has reduced exposure and increased exposure in ETH over the last 5 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 103 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$294.1K
This change1.4× typical
Same-direction prior changes51
Same direction in current frame286 of 469

A similarly sized change in the same direction was observed on 7 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 changes267
Opened / closed4 / 4
Increased / reduced134 / 125
Flips0
Collateral changes239
Largest observed moveunavailable
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$4,058,358.09 → $4,239,852.42
Account value$6,075,323.53 → $6,053,628.99
Maintenance margin$178,504.65 → $166,617.32
Recorded
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$402.2K long · 24 Aug, 16:36$572.8K long · 24 Aug, 22:36$1.2M long · 25 Aug, 04:36$947.6K long · 25 Aug, 10:36$687.4K long · 25 Aug, 16:36$527.5K long · 25 Aug, 22:36$244.8K long · 26 Aug, 04:36$48.1K short · 26 Aug, 10:36$846.8K short · 26 Aug, 16:36$1.3M long · 26 Aug, 22:36$155.1K long · 27 Aug, 04:36$649.5K long · 27 Aug, 10:36$656.2K short · 27 Aug, 16:36$1.2M short · 27 Aug, 22:36$127.6K short · 28 Aug, 04:36$1.0M short · 28 Aug, 10:36$634.9K short · 28 Aug, 16:36$923.8K short · 28 Aug, 22:36$1.3M short · 29 Aug, 04:36$972.9K short · 29 Aug, 10:36LONG · $1.3M0SHORT · $1.3M24 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.

$4.5M available · 24 Aug, 16:36$4.4M available · 24 Aug, 22:36$3.9M available · 25 Aug, 04:36$4.3M available · 25 Aug, 10:36$4.8M available · 25 Aug, 16:36$4.7M available · 25 Aug, 22:36$5.2M available · 26 Aug, 04:36$4.9M available · 26 Aug, 10:36$4.7M available · 26 Aug, 16:36$4.5M available · 26 Aug, 22:36$4.8M available · 27 Aug, 04:36$4.5M available · 27 Aug, 10:36$4.1M available · 27 Aug, 16:36$4.1M available · 27 Aug, 22:36$5.2M available · 28 Aug, 04:36$4.5M available · 28 Aug, 10:36$4.0M available · 28 Aug, 16:36$4.3M available · 28 Aug, 22:36$4.4M available · 29 Aug, 04:36$4.5M available · 29 Aug, 10:36$5.2M024 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 exposureLatest
$3,526,563.18 $3,389,222.13
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$4,058,358.09 $4,239,852.42
Material observed change — ranked by absolute material change
· fixed wallet frame
Reduced exposureSelected
$3,906,646.11 $3,508,071.04
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$3,934,148.63 $4,058,358.09
Material observed change — ranked by absolute material change
· fixed wallet frame
Increased exposure
$3,204,048.43 $3,907,546.12
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$3,888,091.69 $3,944,725.52
Material observed change — ranked by absolute material change
· fixed wallet frame
Reduced exposure
$4,024,143.75 $3,906,646.11
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral increased
$3,758,475.50 $3,934,148.63
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral increased
$3,652,451.48 $3,758,475.50
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Increased exposure
$3,771,695.19 $4,043,752.30
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Reduced exposure
$3,981,726.85 $3,776,395.12
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral decreased
$3,675,846.73 $3,617,961.64
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Increased exposure
$3,278,607.05 $3,987,481.60
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral decreased
$3,902,980.32 $3,675,846.73
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Reduced exposure
$3,925,475.81 $3,198,882.59
Material observed change — ranked by absolute material change
· fixed wallet frame
Available collateral increased
$3,617,981.01 $3,888,091.69
Material observed change — ranked by absolute material change
· fixed wallet frame
Reduced exposure
$3,583,901.52 $3,251,662.65
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral increased
$3,712,215.59 $3,902,980.32
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Increased exposure
$3,447,315.90 $3,601,719.99
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame
Available collateral decreased
$4,160,721.27 $3,712,215.59
Major wallet change — top-10 observed ETH wallet
· fixed wallet frame