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 Some previously active traders and whale addresses have either closed their positions to watch from the sidelines or withdrawn.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The "BTC OG Insider Whale" liquidated on November 11, with the last trade being an ETH long, and $41.2 million has been withdrawn to the Binance exchange.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 $2.17 million has been withdrawn to the Binance exchange;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former TRUMP top holder whale liquidated on November 4, with the last trade being a SOL short, and the funds have been withdrawn to the OKX exchange;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

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

To the Builders who are still persevering in the crypto industry

Oil Price Cools Off, Crypto Bounces Back

a16z Releases Top 100 AI Applications List, Models Are Moving Out of the Browser and App

If you only follow the news, you may have misconstrued this Iran conflict

ERC-8183: Write a Rule for a $3M On-Chain Agent Business

AI Mistakenly 'Tips' $260,000, Makes It All Back in 24 Hours

Arthur Hayes: Why is HYPE a 5x Moonshot?

OpenClaw Money-Saving Strategy: Saving Two Thousand a Month - What Am I Doing Right?

a16z: Making a $2 Billion Bet on the Next Dawn of Web3

Trade to Earn Series IV: WEEX Launches Up to 40% Real-Time Futures Fee Rebates
Trade futures on WEEX and earn up to 40% real-time fee rebates. Trade to Earn Series IV lets you accumulate WXT rewards while reducing trading costs.
WEEX AI Hackathon Champions Crowned, Revealing Future of AI Trading
The first-ever WEEX AI Hackathon has concluded, with 10 winners emerging from over 200 global teams. Beyond its $1.8 million prize pool, the event marked a milestone—proving that the future of AI trading belongs to accessible, AI-powered innovation.

View: No Hype, No FUD, I Rate OpenClaw at 65 Points

Single-day Oil Price Plunge Exceeds 30%, Copilot Cowork Feature Launched, What Is the English-Speaking Community Talking About Today?

The Agent Spend Safely thing has already taken off

After the rise in the stablecoin's status, long-time partners Circle and Stripe vie for dominance

WEEX Trade to Earn: Turn Futures Trading into Instant WXT Rewards
Join WEEX Trade to Earn and earn instant WXT rebates on every futures trade. Boost rewards with referrals and tasks. Trade more, earn more on WEEX exchange.