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BTCETHSOLHYPEXRP
Observed Hyperliquid wallet · XRP position history

XRP wallet #1 reduced available collateral

0x5b5d51203a0f9079f8aeb098a6523a13f298c060

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 successfully20.0% 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, XRP wallet record for 0x5b5d51203a0f9079f8aeb098a6523a13f298c060. Observation window: 2026-09-09 23:04:13.284Z–2026-09-10 00:04:15.290Z. Coverage at the change: 20.0%. Observed rank after the change: #1. Observed account state and material changes on Hyperliquid; not a claim about identity, intent, or future price. Source: https://isobath.io/markets/xrp/wallets/0x5b5d51203a0f9079f8aeb098a6523a13f298c060?event=evt_b321748bb86ee5a6e12dd685
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Selected change

Available collateral decreased

top-10 observed XRP wallet

−$54.6K-1.7%
$54.6K → $0.0 #1 by observed XRP exposure 50.87% of observed exposure

Major wallet change: top-10 observed XRP wallet.

→ · event ID evt_b321748bb86ee5a6e12dd685
Latest material actionReduced exposure$24,888,026.16 → $24,456,452.81
Account value$112,980,646.01
Free collateral$27.81
Margin used$112,977,836.70
Current observed position

XRP short

$25.3M
Size-17879413.0
Entry$1.48
Liquidation$7.27
Leverage5× cross
Unrealized PnL$1,073,132.32

Recent behavior: this wallet has reduced exposure and increased exposure in XRP over the last 8 days.

Historical context

How notable is this change?

This comparison uses the wallet's own recorded 19 prior position changes. It describes observed behaviour, not intent or a forecast.

Typical change$327.2K
This change1.3× typical
Same-direction prior changes1
Same direction in current frame98 of 156

A similarly sized change in the same direction was observed on 10 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 XRP. They describe what was observed, not why it happened.

Position changes19
Opened / closed0 / 0
Increased / reduced18 / 1
Flips0
Collateral changes129
Largest observed move$7.8M
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$54,620.91 → $0.00
Account value$110,306,944.91 → $110,413,088.24
Maintenance margin$18,349,200.70 → $18,451,197.58
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.

Reduced exposureXRP account state
Liquidation price$7.91 → $7.83Account value+$106.1KMaintenance margin+$102.0K
· observed state change
Available collateral decreasedXRP account state
Liquidation price$7.91 → $7.83Account value+$106.1KMaintenance margin+$102.0K
· observed state change
Available collateral increasedXRP account state
Liquidation price$7.69 → $7.91Account value−$855.2KMaintenance margin−$283.4K
· observed state change
Available collateral decreasedXRP account state
Liquidation price$7.06 → $7.50Account value−$1.9MMaintenance margin−$419.5K
· observed state change
Available collateral increasedXRP account state
Liquidation price$7.23 → $7.06Account value+$1.3MMaintenance margin+$283.6K
· observed state change
Available collateral decreasedXRP account state
Liquidation price$7.39 → $7.23Account value−$6.3MMaintenance margin+$120.2K
· observed state change
Available collateral increasedXRP account state
Liquidation price$7.05 → $7.39Account value+$6.2MMaintenance margin−$296.7K
· observed state change
Available collateral decreasedXRP account state
Liquidation price$7.17 → $7.04Account value−$2.7MMaintenance margin+$107.9K
· observed state change
Available collateral decreasedXRP account state
Liquidation price$7.11 → $7.17Account value−$2.2MMaintenance margin−$50.2K
· observed state change
Available collateral increasedXRP account state
Liquidation price$7.10 → $7.11Account value+$1.9MMaintenance margin−$37.0K
· observed state change
Position over time

Observed XRP 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$16.2M short · 24 Aug, 16:40$16.4M short · 24 Aug, 22:40$16.7M short · 25 Aug, 04:40$16.4M short · 25 Aug, 10:40$16.3M short · 25 Aug, 16:40$16.0M short · 25 Aug, 22:40$16.0M short · 26 Aug, 04:40$15.8M short · 26 Aug, 10:40$15.2M short · 26 Aug, 16:40$15.6M short · 26 Aug, 22:40$15.5M short · 27 Aug, 04:40$15.8M short · 27 Aug, 10:40$16.3M short · 27 Aug, 16:40$16.1M short · 27 Aug, 22:40$15.8M short · 28 Aug, 04:40$15.7M short · 28 Aug, 10:40$15.5M short · 28 Aug, 16:41$15.3M short · 28 Aug, 22:41$15.3M short · 29 Aug, 04:41$15.3M short · 29 Aug, 10:41Available collateral decreased, 30 Aug: $442,268.57 to $0.00Available collateral increased, 30 Aug: $0.00 to $442,268.57Available collateral decreased, 30 Aug: $1,101,362.53 to $0.00Available collateral decreased, 30 Aug: $1,753,182.18 to $1,101,362.53Available collateral increased, 30 Aug: $0.00 to $1,753,182.18Available collateral decreased, 30 Aug: $57,169.39 to $0.00Available collateral increased, 29 Aug: $0.00 to $57,169.39Available collateral decreased, 29 Aug: $83,047.49 to $0.00Available collateral increased, 29 Aug: $0.00 to $83,047.49Available collateral decreased, 29 Aug: $308,144.09 to $0.00Available collateral increased, 29 Aug: $136,580.28 to $308,144.09Available collateral decreased, 29 Aug: $311,057.53 to $136,580.28Available collateral decreased, 29 Aug: $1,427,403.99 to $311,057.53Available collateral decreased, 28 Aug: $131,320.37 to $0.00Available collateral increased, 28 Aug: $1,215,559.22 to $1,427,403.99Available collateral increased, 28 Aug: $936,152.66 to $1,215,559.22Available collateral decreased, 28 Aug: $6,186,386.57 to $936,152.66Available collateral increased, 28 Aug: $4,168,521.92 to $6,186,386.57Available collateral increased, 28 Aug: $3,444,070.33 to $4,168,521.92Available collateral increased, 28 Aug: $0.00 to $131,320.37Available collateral increased, 28 Aug: $0.00 to $3,444,070.33Available collateral decreased, 28 Aug: $158,795.96 to $0.00Available collateral increased, 28 Aug: $0.00 to $158,795.96Available collateral decreased, 28 Aug: $2,038,174.00 to $0.00Available collateral increased, 28 Aug: $0.00 to $2,038,174.00Available collateral decreased, 28 Aug: $1,152,566.87 to $0.00Available collateral increased, 28 Aug: $0.00 to $1,152,566.87Available collateral decreased, 28 Aug: $2,504,931.73 to $0.00Available collateral increased, 28 Aug: $23,024.63 to $2,504,931.73Available collateral decreased, 27 Aug: $1,046,266.35 to $0.00Available collateral increased, 27 Aug: $213,177.04 to $1,046,266.35Available collateral increased, 27 Aug: $0.00 to $213,177.04Available collateral decreased, 27 Aug: $2,419,314.77 to $0.00Available collateral increased, 27 Aug: $0.00 to $2,419,314.77Available collateral decreased, 27 Aug: $221,226.29 to $45,869.51Available collateral increased, 27 Aug: $0.00 to $221,226.29Available collateral decreased, 27 Aug: $71,321.76 to $0.00Available collateral increased, 27 Aug: $0.00 to $71,321.76Available collateral decreased, 26 Aug: $236,028.15 to $0.00Available collateral decreased, 26 Aug: $2,267,106.82 to $38,474.68Available collateral increased, 26 Aug: $0.00 to $2,267,106.82Available collateral decreased, 26 Aug: $58,655.75 to $0.00Available collateral increased, 26 Aug: $0.00 to $58,655.75Available collateral increased, 26 Aug: $2,098.42 to $236,028.15Available collateral decreased, 26 Aug: $59,531.27 to $0.00Available collateral decreased, 26 Aug: $3,792,528.14 to $59,531.27Available collateral increased, 26 Aug: $424,214.93 to $3,792,528.14Available collateral increased, 26 Aug: $4,884.27 to $424,214.93LONG · $16.7M0SHORT · $16.7M24 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.

$12.0 available · 24 Aug, 16:40$23.0K available · 24 Aug, 22:40$102.0K available · 25 Aug, 04:40$0.0 available · 25 Aug, 10:40$0.0 available · 25 Aug, 16:40$150.7K available · 25 Aug, 22:40$62.4K available · 26 Aug, 04:40$2.1K available · 26 Aug, 10:40$236.0K available · 26 Aug, 16:40$0.0 available · 26 Aug, 22:40$0.0 available · 27 Aug, 04:40$0.0 available · 27 Aug, 10:40$0.0 available · 27 Aug, 16:40$21.7K available · 27 Aug, 22:40$0.0 available · 28 Aug, 04:40$0.0 available · 28 Aug, 10:40$131.3K available · 28 Aug, 16:41$0.0 available · 28 Aug, 22:41$0.0 available · 29 Aug, 04:41$3.4 available · 29 Aug, 10:41$236.0K024 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.

Reduced exposureLatest
$24,888,026.16 → $24,456,452.81
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreasedSelected
$54,620.91 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $54,620.91
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$93,638.88 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $93,638.88
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$6,812,940.78 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $6,812,940.78
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$148,317.34 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$2,125,182.59 → $148,317.34
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$187,018.73 → $2,125,182.59
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $187,018.73
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$69,992.12 → $8,514.81
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$19,486.87 → $69,992.12
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$82,357.83 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral decreased
$1,602,573.24 → $0.00
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$1,031,164.04 → $1,602,573.24
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$782,358.61 → $1,031,164.04
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$0.00 → $82,357.83
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$58,782.85 → $782,358.61
Major wallet change — top-10 observed XRP wallet
→ · fixed wallet frame
Available collateral increased
$6,859.72 → $58,782.85
Major wallet change — top-10 observed XRP 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
+$5.0M
· observed account movement
Money leftsend
−$4.0M
· observed account movement
Money leftsend
−$8.0M
· observed account movement
Money arrivedsend
+$5.0M
· observed account movement
Money arrivedsend
+$5.0M
· observed account movement
Money arrivedsend
+$1.0M
· observed account movement
Money arrivedsend
+$9.0M
· observed account movement
Money leftsend
−$5.0M
· observed account movement