Hyperliquid contract balance decreased by $1.5 billion compared to the beginning of the month, as some traders withdrew funds or closed positions to adopt a wait-and-see approach.
BlockBeats News, November 12, according to Defilama data, since November, the open interest on Hyperliquid has decreased by approximately $1.53 billion. Some previously active traders and whale addresses have either closed their positions to watch from the sidelines or withdrawn. According to Coinbob popular address monitoring:
The "100% Win Rate Whale" liquidated on November 10, with the last trade being a ZEC short, resulting in a monthly loss of $31.8 million. The remaining funds were used to buy spot SOL;
The "BTC OG Insider Whale" liquidated on November 11, with the last trade being an ETH long, and $41.2 million has been withdrawn to the Binance exchange.
Also reported by HyperInsight monitoring:
The "1011 Flash Crash Brave ETH Bull" whale liquidated on November 5, with the last trade being an ETH long, resulting in a monthly loss of $15.11 million. $2.17 million has been withdrawn to the Binance exchange;
The popular coin trader (0xfc8) went flat on November 3, holding $7.55 million in the account, with the last trades being VIRTUAL and SOL long positions;
The post-00s trader 0xRay closed positions on November 11, with $2.68 million remaining in the account, the last trade being an ETH short;
The leader of the "Whale Hunting Operation," KOL, liquidated on November 6, with the last trade being an XPL long, and $2.2 million remaining in the account;
The former TRUMP top holder whale liquidated on November 4, with the last trade being a SOL short, and the funds have been withdrawn to the OKX exchange;
Andrew Kang's associated address liquidated on November 3, with the last trade being a VIRTUAL long.
You may also like

Why Is Bitcoin Down Today? What the Hawkish FOMC Means for SpaceX, Gold and Nasdaq

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

DeepSeek Financing Story

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

