BlockBeats reported on Aug. 31 that, according to TradingBeats, formerly Hyperinsight, the tracked trader known as the “U.S. stock big winner” has largely exited a long position in HYPE and shifted the main risk exposure back to U.S. equities.
Monitoring data showed the account’s HYPE perpetual long position dropped from about 152,800 tokens to 11.82 tokens. Its spot account was also left with only about 374.9 HYPE.
Main exposure moves back to NVDA
The whale is now 20x long on roughly 112,800 NVDA contracts with full margin. The position is valued at about $24.495 million, with an average entry price of $220.08. NVDA was quoted at about $217.15 in the update, leaving the position with an unrealized loss of around $330,000 and a return of about -26.6%. The position was opened two days earlier.
169 sell orders placed around the NVDA position
Alongside the long, the trader has placed 169 sell orders tied to NVDA.
- Between $221.7 and $222.5, the account placed 40 reduce-only sell orders, planning to cut about 46,200 contracts with a notional value of about $10.267 million. That covers about 41% of the current long.
- Between $218.95 and $228.33, the account placed 129 non-reduce-only sell orders, planning to sell about 192,500 contracts with a notional value of about $42.586 million. The order size already exceeds the current long position by about 70.7%.
TradingBeats said that if those non-reduce-only sell orders are fully filled, the whale could move beyond exiting the remaining NVDA long and turn net short. The account is currently the largest NVDA holder on Hyperliquid.
Tool update
TradingBeats said its on-chain perpetuals and address analysis tool is now live, with support for real-time Hyperliquid data and tracking functions that follow whale activity from address tracing to position analysis.