He also withdrew a total of 106K ETH ($306M) from Binance over the past 21 hours, supplied it all to Aave, and borrowed $180M USDC against it, presumably to buy more ETH.

https://etherscan.io/address/0xcA08371f6e9204Dd6927dcc2dB5504EA062b2998

The wallet that shorted $20M worth of silver less than two weeks ago is now short $40M.

It’s currently down $6.5M in unrealized PnL, making this the largest notional position ever on HIP-3.

https://hypurrscan.io/address/0x61ceef212ff4a86933c69fb6aca2fe35d8f2a62b

A newly created wallet withdrew 458K HYPE ($14.1M) from Bybit and OKX today, distributed the HYPE across five wallets, and staked the entire amount.

https://hypurrscan.io/address/0xb99d9f683ca35da8b39269fb598739f57bf12923

A wallet holding $25M worth of ENA received 465K HYPE ($15.6M) from Galaxy OTC two days ago and staked the entire amount six hours ago.

https://hypurrscan.io/address/0xd4d56a30a4a745f8ba732e8b453b7066260fbc10

A wallet deposited $36.15M into Hyperliquid 5 minutes ago and is now buying HYPE.

The same wallet bought $9M worth just a few hours ago.

https://hypurrscan.io/address/0x9d26f5bc7e5c7f767eade0b9de58d94f49301bff

You can now trade, deposit, and withdraw HYPE on Kraken.

Kraken hot wallet:
https://hyperevmscan.io/address/0x2dff20fcc5d39998ce0929afb54f2e4d2463057c

The same wallet withdrew another 148K HYPE ($4.9M) from OKX two hours ago, indicating it may be one of the bigger entities responsible for the upward price action over the past few days.

The HYPE was again split across multiple wallets and instantly staked, just like the first time

https://hypurrscan.io/address/0xb99d9f683ca35da8b39269fb598739f57bf12923

The same wallet just received another 445K HYPE ($14.7M) from Galaxy Digital OTC wallets.

The wallet has now received a total of 910K HYPE ($30M) from Galaxy Digital within the last 2–3 days.

https://hypurrscan.io/address/0xd4d56a30a4a745f8ba732e8b453b7066260fbc10

https://hyperevmscan.io/tx/0xb80f7e9329df46f855137a0c6f0684a6ab78ceae28445960ae1729a622576356

The Hyperliquid team wallet just unstaked 140.4K HYPE ($4.7M) which, as mentioned, will be distributed on the 6th of next month.

https://hypurrscan.io/address/0x43e9abea1910387c4292bca4b94de81462f8a251

🔴 #[xyz]:GOLD Long Liquidation: $11.07M @ $5,125.9 [scan][dash]

Galaxy Digital just withdrew another 450K HYPE ($14.5M) from Bybit and OKX and sent it to the same wallet as yesterday.

That wallet has now received a total of 1.36M HYPE ($44M) from Galaxy over the past 3 days.

https://hypurrscan.io/address/0xd4d56a30a4a745f8ba732e8b453b7066260fbc10

https://hyperevmscan.io/tx/0x31bdb63fd0c7d2dfae54a9f5eb63cb252f5893d0280856bd31618d7dc0d7a3df

Loracle just slowly started closing its 1.22M HYPE ($40M) long and 60K SOL ($7M), and has started shorting ETH and BTC.

He is up more than $12M on the HYPE trade.

https://hypurrscan.io/address/0x8def9f50456c6c4e37fa5d3d57f108ed23992dae

A bit late, but the wallet that bought $45M worth of HYPE at a $33.23 average yesterday has started selling.

So far, $4.8M has been sold over the past few hours, while he is still holding 1.08M HYPE ($31.4M).

https://hypurrscan.io/address/0x9d26f5bc7e5c7f767eade0b9de58d94f49301bff

Garret, who’s been extremely bullish, is now down more than $50M in 24h on his Hyperliquid long positions, turning his account negative in PnL for the first time since making $100M on 10/10.

He is now down $160M in just 16 days.

https://hypurrscan.io/address/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae

This wallet longed $11M worth of silver and got liquidated within 30 minutes, losing almost $400K in margin.

https://hypurrscan.io/address/0x382aaa98abb877bb6661035987ebe12af1f60f34

Outcome (Prediction markets on HIP-3) staked 500K HYPE ($14.5M) an hour ago.

The HYPE was accumulated back in November/December.

https://hypurrscan.io/address/0x0c46eb73fae2816f219fcf11f50d6d3c59b5819e

The wallet has now withdrawn a total of 958.7K HYPE ($29M) from OKX and Bybit over the past three days.

I have reasons to believe this is Flowdesk buying on behalf of Hyperliquid Strategies (the DAT).

All HYPE is immediately split across multiple wallets and staked.

https://hyperevmscan.io/address/0xb99d9f683ca35da8b39269fb598739f57bf12923

Could be completely wrong, but based on observed patterns I think HSI has bought around 4.534M HYPE so far, currently valued at ~$138M.

Since they were buying a lot of HYPE OTC directly from the team, they had to market-buy less. However, with the team unstaking less and larger exchange withdrawals appearing, I think they’ve ramped up buying recently.

A wallet I suspect to be Multicoin capital bought 1.355M HYPE ($40.8M) last week.

https://x.com/mlmabc/status/2017564401356665179