According to TradingBeats, formerly Hyperinsight, trader xm39 has scaled up a geopolitical trading theme that previously included a long WTI crude position and a Polymarket bet on whether the U.S. will invade Iran before 2027.
A 30x full-margin short on XYZ100
As of publication, xm39 was short 280.3 XYZ100 contracts on Hyperliquid using 30x full margin. The position was valued at about $8.339 million, with an average entry of 29,730.4 points and a liquidation price of 32,160.9 points.
The trader also held a WTI crude long worth about $3.029 million. Combined, the two positions came to roughly $11.368 million.
More WTI buy orders and take-profit orders on the index short
TradingBeats said xm39 has placed four crude buy orders between $79.22 and $80.29, with plans to add 32,300 WTI units for about $2.566 million in notional value.
On the XYZ100 short, the trader has also set three buy orders above the market as take-profit orders. Those orders are set to trigger at 29,921, 29,963, and 30,064 points, covering a combined 120 XYZ100 contracts worth about $3.599 million. That would cover around 42.8% of the current short position.
Fresh Polymarket buying on Aug. 11
On Polymarket, xm39’s most recent trade took place on Aug. 11. The trader used 59 fills to add about 124,400 Yes shares in the market titled whether the U.S. will invade Iran before 2027, spending about $21,100 at an average price of 16.95 cents.
TradingBeats said xm39 now holds a cumulative 1.2589 million Yes shares tied to that market. The position cost about $312,900 and is currently valued at about $220,300, leaving an unrealized loss of roughly $92,600 and a return rate of about -29.6%.
TradingBeats launches on-chain analytics tools
TradingBeats also said its on-chain perpetuals and address analysis tool is now live, allowing users to view Hyperliquid data in real time and track whale activity from address-level tracing to position analysis.