{"id":22199,"date":"2025-03-18T18:40:09","date_gmt":"2025-03-18T16:40:09","guid":{"rendered":"https:\/\/forklog.com\/en\/hyperliquid-opens-the-door-to-a-crowd-led-whale-hunt-says-10x-research\/"},"modified":"2025-03-18T18:40:09","modified_gmt":"2025-03-18T16:40:09","slug":"hyperliquid-opens-the-door-to-a-crowd-led-whale-hunt-says-10x-research","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/hyperliquid-opens-the-door-to-a-crowd-led-whale-hunt-says-10x-research\/","title":{"rendered":"Hyperliquid opens the door to a crowd-led whale hunt, says 10x Research"},"content":{"rendered":"<p>Hyperliquid\u2019s transparency has made a \u201cpeople\u2019s hunt\u201d for leveraged whales\u2014aimed at forcing liquidations\u2014possible, 10x Research noted.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">HYPE Reloaded: Is the Dip a New Entry Point?<\/p>\n<p>?1-14) March has historically been a turning point for asset prices, and last year was no exception. While consensus remained bullish, we turned cautious in March 2024, correctly anticipating the start of an eight-month consolidation\u2026 <a href=\"https:\/\/t.co\/2THlqUSIAe\">pic.twitter.com\/2THlqUSIAe<\/a><\/p>\n<p>\u2014 10x Research (@10x_Research) <a href=\"https:\/\/twitter.com\/10x_Research\/status\/1901440012820050193?ref_src=twsrc%5Etfw\">March 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The firm believes the initiative could spark a new trend.<\/p>\n<p>Hyperliquid\u2019s monitoring option lets the public track whale activity and analyse their liquidation levels.<\/p>\n<p>Such transparency enables coordinated action by groups of traders, who can deliberately target those stop levels.<\/p>\n<p>10x Research sees a potential shift in the balance of power among the platform\u2019s client categories. But the extent of the phenomenon remains to be seen, the analysts added.<\/p>\n<p>They drew parallels with the Reddit WallStreetBets community\u2019s clash with Wall Street hedge funds over GameStop.<\/p>\n<h2 class=\"wp-block-heading\">A showdown with a whale<\/h2>\n<p>10x Research\u2019s comment followed a proposal by user CBB to liquidate a whale through collective action.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">lmfao we might have some ammo coming in <a href=\"https:\/\/t.co\/GS68ksb4aC\">https:\/\/t.co\/GS68ksb4aC<\/a> <a href=\"https:\/\/t.co\/ExYHfg36M0\">pic.twitter.com\/ExYHfg36M0<\/a><\/p>\n<p>\u2014 CBB (bera era) (@Cbb0fe) <a href=\"https:\/\/twitter.com\/Cbb0fe\/status\/1901293829715558513?ref_src=twsrc%5Etfw\">March 16, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The target was a trader who on March 16<a href=\"https:\/\/hypurrscan.io\/address\/0xf3F496C9486BE5924a93D67e98298733Bb47057c\"> opened a 4442 BTC short<\/a> with 40x leverage at $84,043, with a liquidation level at $85,592.<\/p>\n<p>Analysts observed that the call was heeded \u2014 within minutes, bitcoin jumped 2.5%, helped by those who responded to CBB\u2019s message.<\/p>\n<p>To avoid that outcome, the whale increased the position to 6210 BTC (~$524m).<\/p>\n<h2 class=\"wp-block-heading\">(Un)happy ending<\/h2>\n<p>On March 18 the large trader closed the short voluntarily, locking in a profit of roughly ~$7.9m.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">He has closed all his short positions.??<a href=\"https:\/\/t.co\/q5hI0vx0ZX\">https:\/\/t.co\/q5hI0vx0ZX<\/a> <a href=\"https:\/\/t.co\/cRVjcEeR3X\">https:\/\/t.co\/cRVjcEeR3X<\/a> <a href=\"https:\/\/t.co\/zv8Z5tOAGi\">pic.twitter.com\/zv8Z5tOAGi<\/a><\/p>\n<p>\u2014 CoinGlass (@coinglass_com) <a href=\"https:\/\/twitter.com\/coinglass_com\/status\/1901894674970812909?ref_src=twsrc%5Etfw\">March 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><\/blockquote>\n<p>Spot prices never reached the position\u2019s $85,556.99 liquidation level.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXe-gdVVgfDEsMPhoakJ7UeZtoYw1gQ7Zf7arT9No8fTJ1yuMHBVgfVv1xy7yxDe2gZMjSnNR1_sp5Y7d8PdmOTmJJ2z6wYgzivNJdbWecAjnPOjmb2rwtXSZWi-rbKOopH2UNvv?key=NMGC8yi9XjiGb34dZEunItH4\" alt=\"Expert: Hyperliquid opened the door to a \u2018people\u2019s\u2019 whale hunt\"\/><figcaption class=\"wp-element-caption\">Data:<a href=\"https:\/\/hypurrscan.io\/address\/0xf3f496c9486be5924a93d67e98298733bb47057c\"> Hypurrscan<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">The role of whales<\/h2>\n<p>CryptoQuant <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/67d8be5a76bb480d935ca355-The-Surge-of-New-Bitcoin-Whales-Unprecedented-Accumulation-Reshapes-the-Market?utm_source=telegram&#038;utm_medium=sns&#038;utm_campaign=quicktake&#038;utm_content=onchained\">highlighted<\/a> whales\u2019 central role in the current market cycle. Analysts found \u201cunprecedented accumulation\u201d by addresses with balances of at least 1,000 BTC that have held for more than six months.<\/p>\n<p>This, they said, signals strong conviction among large players in the asset\u2019s long-term prospects.<\/p>\n<p>By their estimates, since November 2024 those wallets have collectively acquired more than 1m BTC. In recent weeks accumulation has accelerated \u2014 so far in March the figure has risen by over 200,000 BTC.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdS4tejO-5y5tnYB7uXeYKipP5MXxL3jXhgV4964z503eQQVTXS0iORfn5r4_6Mz8ygu_FjQLZ4oZpzKOcjWD9vaEH8iHBvXvSSZ1T8rpiNpTwPIz8Kp0zV4f_Wv7B_OWM5Eez0ZA?key=NMGC8yi9XjiGb34dZEunItH4\" alt=\"Expert: Hyperliquid opened the door to a \u2018people\u2019s\u2019 whale hunt\"\/><figcaption class=\"wp-element-caption\">Data: CryptoQuant.<\/figcaption><\/figure>\n<p>CryptoQuant sees this trend as rising participation by institutional investors and wealthy individuals.<\/p>\n<p>Earlier, the firm <a href=\"https:\/\/u1f987.com\/en\/news\/cryptoquant-ceo-declares-end-of-bitcoin-bull-market\">reported<\/a> an increase in the share of coins held for three to six months. In their view, this<a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/67d69e30a9545929ecd4ae4e-Bitcoin-Holders-Stay-Resilient-Rising-3-6-Month-UTXOs-Signal-Accumulation-Amid-M?amp;utm_medium=sns&#038;utm_campaign=quicktake&#038;utm_content=shayanbtc\"> reflects<\/a> the accumulation dynamics seen during the prolonged downturn in the summer of 2024.<\/p>\n<p>Earlier, Matrixport forecast the <a href=\"https:\/\/u1f987.com\/en\/news\/experts-predict-bitcoin-correction-to-end-by-spring\">end of the correction<\/a> for the first cryptocurrency in March\u2013April. Glassnode suggested that the asset\u2019s redistribution phase <a href=\"https:\/\/u1f987.com\/en\/news\/analysts-set-out-bitcoins-potential-bottom-range-amid-the-correction\">may drag on<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hyperliquid\u2019s transparency has made a \u201cpeople\u2019s hunt\u201d for leveraged whales\u2014aimed at forcing liquidations\u2014possible, 10x Research noted. HYPE Reloaded: Is the Dip a New Entry Point? ?1-14) March has historically been a turning point for asset prices, and last year was no exception. While consensus remained bullish, we turned cautious in March 2024, correctly anticipating the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,1156,1776,1150],"class_list":["post-22199","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-institutional-investors-and-whales","tag-leverage","tag-news-plus"],"aioseo_notices":[],"amp_enabled":true,"views":"84","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=22199"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/22199\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/22198"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=22199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=22199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=22199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}