Latest participant intelligence

What changed among leveraged participants?

Material observed changes on Hyperliquid. Description, not a price forecast.

latest 6h 24h
Window: latest · latest comparable observation: 2026-08-24T17:31:18.794+00:00 · frame deep · attempted 5395 · failed 0 · 4.8h old
Large longs added$3.2M
Large longs reduced$2.3M
Large shorts added$50.5M
Large shorts reduced$25.8M
Positions opened0
Positions closed14
Top-10 concentration64.9% ← 53.4%

Largest participant changes

position closed short
0x004edc…6c1bb8

$23.9M → $0.0 · material change $23.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x5b5d51…98c060

$100.1M → $118.7M · material change $18.6M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xfc2713…959d9d

$60.8M → $71.4M · material change $10.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xfc2713…959d9d

$60.8M → $71.4M · material change $10.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x09bc1c…c9410d

$30.8M → $24.4M · material change $6.5M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x09bc1c…c9410d

$30.8M → $24.4M · material change $6.5M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0xecb63c…b82b00

$23.4M → $22.5M · material change $957,756.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0xecb63c…b82b00

$23.4M → $22.5M · material change $957,756.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xfc667a…37ca06

$9.2M → $14.9M · material change $5.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xfc667a…37ca06

$9.2M → $14.9M · material change $5.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0x95ccaf…b99c8a

$4.0M → $0.0 · material change $4.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0x404457…a4794c

$3.8M → $0.0 · material change $3.8M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0x51f638…ff2b39

$3.6M → $0.0 · material change $3.6M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xe86b05…723664

$906,461.4 → $3.9M · material change $3.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xe86b05…723664

$906,461.4 → $3.9M · material change $3.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0xf382f4…e5578c

$2.9M → $0.0 · material change $2.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x39475d…fbf3b1

$10.0M → $7.0M · material change $2.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x39475d…fbf3b1

$10.0M → $7.0M · material change $2.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0x257736…334897

$437,703.4 → $2.4M · material change $2.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased long
0x257736…334897

$437,703.4 → $2.4M · material change $2.9M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x7ca165…009235

$20.8M → $18.1M · material change $2.8M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x7ca165…009235

$20.8M → $18.1M · material change $2.8M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x850362…13276f

$1.1M → $3.9M · material change $2.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x850362…13276f

$1.1M → $3.9M · material change $2.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x0fd468…67e0c7

$11.4M → $8.7M · material change $2.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x0fd468…67e0c7

$11.4M → $8.7M · material change $2.7M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0xbb475f…65199c

$10.4M → $7.9M · material change $2.5M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0xbb475f…65199c

$10.4M → $7.9M · material change $2.5M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0x7b3748…61a888

$1.6M → $690,872.5 · material change $2.3M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0xaf9f72…1ca4fa

$7.1M → $4.8M · material change $2.3M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xaf9f72…1ca4fa

$7.1M → $4.8M · material change $2.3M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xe57ed9…faedc0

$2.4M → $4.5M · material change $2.1M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced long
0x46560b…4bdebd

$10.1M → $8.0M · material change $2.1M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xaa7a21…00af37

$7.8M → $9.8M · material change $2.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0xaa7a21…00af37

$7.8M → $9.8M · material change $2.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0x72d0b1…6a62ea

$181,733.5 → $1.8M · material change $2.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased long
0x72d0b1…6a62ea

$181,733.5 → $1.8M · material change $2.0M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x3ff54f…47f705

$45.2M → $43.4M · material change $1.8M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x3ff54f…47f705

$45.2M → $43.4M · material change $1.8M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x7fdafd…c517d1

$56.4M → $55.4M · material change $1.1M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x7fdafd…c517d1

$56.4M → $55.4M · material change $1.1M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x31dea2…2a13f2

$7.5M → $8.1M · material change $642,333.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x31dea2…2a13f2

$7.5M → $8.1M · material change $642,333.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x6e8bc7…ffea79

$1.5M → $341,154.2 · material change $1.2M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0x838d8e…f2520c

$1.1M → $0.0 · material change $1.1M

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x023a3d…a22355

$13.5M → $13.8M · material change $280,326.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0x023a3d…a22355

$13.5M → $13.8M · material change $280,326.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xd4c1f7…583d1d

$29.4M → $30.2M · material change $876,933.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0xd4c1f7…583d1d

$29.4M → $30.2M · material change $876,933.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed short
0xe14b71…dd15df

$703,001.9 → $0.0 · material change $703,001.9

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed short
0xf5d81a…c3ad53

$673,223.7 → $0.0 · material change $673,223.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0xa484d2…544a4e

$637,804.0 → $0.0 · material change $637,804.0

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x76bf72…057fd6

$381,330.3 → $982,671.0 · material change $601,340.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x76bf72…057fd6

$381,330.3 → $982,671.0 · material change $601,340.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xfc1d41…18e53e

$438,869.0 → $1.0M · material change $584,068.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x0a9769…c5347d

$438,526.9 → $993,534.4 · material change $555,007.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x0a9769…c5347d

$438,526.9 → $993,534.4 · material change $555,007.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x2cffce…45e1ad

$45,332.7 → $577,556.2 · material change $532,223.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x9eebf6…6b36a0

$496,194.8 → $1.0M · material change $524,089.9

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x6e6f2c…8a82a6

$417,485.0 → $933,659.8 · material change $516,174.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x6e6f2c…8a82a6

$417,485.0 → $933,659.8 · material change $516,174.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0x8b61a5…29c0c2

$485,903.8 → $0.0 · material change $485,903.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x2ca492…5a2930

$371,349.4 → $830,105.1 · material change $458,755.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased long
0x2ca492…5a2930

$371,349.4 → $830,105.1 · material change $458,755.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xa70ac7…0b4be9

$435,565.9 → $880,992.3 · material change $445,426.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0xa70ac7…0b4be9

$435,565.9 → $880,992.3 · material change $445,426.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0xdbe452…99d9a3

$205,890.3 → $579,271.9 · material change $373,381.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0xe81908…de3d1c

$792,836.6 → $1.1M · material change $318,902.0

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed long
0xe5f5b7…e78b44

$318,902.0 → $0.0 · material change $318,902.0

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x1ec15e…cc990c

$16,146.0 → $333,397.7 · material change $317,251.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xf30120…bb7895

$15,147.8 → $310,870.5 · material change $295,722.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xf30120…bb7895

$15,147.8 → $310,870.5 · material change $295,722.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped long to short short
0xfd66e3…754eec

$143,655.0 → $145,462.4 · material change $289,117.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral increased short
0xfd66e3…754eec

$143,655.0 → $145,462.4 · material change $289,117.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x34fb5e…b893de

$6.0M → $6.2M · material change $283,401.0

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x34fb5e…b893de

$6.0M → $6.2M · material change $283,401.0

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x78dce9…71629c

$1.0M → $728,420.0 · material change $273,835.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed short
0x9960fd…2ab121

$272,082.4 → $0.0 · material change $272,082.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x654016…99f7b7

$4.5M → $4.7M · material change $255,426.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped long to short short
0x570029…aff854

$51,260.3 → $200,133.3 · material change $251,393.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0x7c9309…e3c8fd

$255,537.0 → $504,826.7 · material change $249,289.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x92cbb2…1b859c

$1.9M → $1.6M · material change $230,220.9

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0x5306cb…0a766e

$0.8 → $223,994.4 · material change $223,995.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0x706bb5…d6d9e3

$102,366.7 → $121,398.0 · material change $223,764.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0xd13d96…f1069c

$28,717.9 → $191,573.2 · material change $220,291.1

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x2e30c3…e54cb5

$368,123.7 → $151,482.4 · material change $216,641.3

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased long
0xfeee94…29a09f

$794,930.2 → $1.0M · material change $214,631.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped long to short short
0x95c069…251f2b

$129,534.8 → $70,822.6 · material change $200,357.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xa4d79b…d6077c

$677,666.8 → $876,980.5 · material change $199,313.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed short
0x121a9f…0fedc9

$198,385.8 → $0.0 · material change $198,385.8

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x251b2b…bc0585

$452,180.7 → $254,037.3 · material change $198,143.4

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced long
0xf28165…bac4e5

$384,709.8 → $191,341.2 · material change $193,368.6

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0xee772e…ac0304

$429,643.9 → $621,681.1 · material change $192,037.2

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position increased short
0x7717a7…d7bd7e

$208,125.8 → $397,744.1 · material change $189,618.3

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x7717a7…d7bd7e

$208,125.8 → $397,744.1 · material change $189,618.3

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position reduced short
0x6bd572…e12c07

$8.2M → $8.1M · material change $180,556.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
free collateral decreased short
0x6bd572…e12c07

$8.2M → $8.1M · material change $180,556.7

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position closed short
0x7257ef…20b89e

$184,794.9 → $0.0 · material change $184,794.9

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0xd680df…173b45

$122,299.7 → $61,985.8 · material change $184,285.5

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%
position flipped short to long long
0xfcf104…72098e

$81,149.4 → $102,736.7 · material change $183,886.1

Observed 2026-08-24T11:31:36.410+00:00 → 2026-08-24T17:31:18.794+00:00 · deep frame · coverage 35.9%