Top-10 Hyperliquid wallet that sold BTC at $85.9K is back: a fresh ~$16.7M long near $77K

On a day when $BTC hit a 30-day low and Binance is still dealing with its hack, one of the biggest wallets on the TradeAssi whale leaderboard went the other way and bought.

What TradeAssi's whale tracker caught (wallet 0x1bbf...5fc4, #6 on the leaderboard, ~$3.94M total PnL per the tracker):

- Today 17:38-17:50 UTC: opened about 109 BTC at ~$77,211 avg (~$8.4M). It started from a flat BTC position.
- 18:21-18:27 UTC: added about 108 BTC at $76,900 (~$8.3M).
- Total now: 217.22 BTC at ~$77,056 avg, ~$16.7M notional, 2x cross. Account value about $8.29M, liquidation price about $38.8K.
- Still open at 19:43 UTC: unrealized about -$94K. No open orders on the book.

Why this wallet is worth a look (Hyperliquid public fills, last 60 days):
- Sep 2: opened ~175 BTC at ~$77,212 from flat, added ~24 BTC at ~$80,891 on Sep 3.
- Oct 2: sold all ~199.7 BTC at ~$85,933. Realized about +$1.65M.
- Then nothing for four weeks. Zero fills between Oct 2 and today.
- Today's first entry (~$77,211) is almost exactly where it bought in September.

Not a bot: only 273 fills in 60 days, all in four sessions. Low leverage, no grid, no churn.

Read the tape honestly: it is already slightly underwater, and it bought into a falling market. One wallet buying is not a bottom call. It sold the last round $8.7K higher, which is the level it would need to see again to repeat that trade.

Context, not cause: BTC is down about 5.3% in 24h on Binance (24h low $76,326) as the Binance hack, a Nasdaq 100 sell-off and $1.6B+ in liquidations hit the tape. On Hyperliquid, BTC funding is at the base rate and open interest is about 40.9K BTC. I am not saying any of this is why the wallet bought.

Market check (Binance spot, 19:41 UTC): $BTC ~$76,632 (-5.3% 24h). $ETH ~$2,233 (-4.5%).

On TradeAssi I'm following this wallet with whale alerts, to see whether it keeps adding, holds, or cuts.

Would you buy where this wallet bought last time, or wait for the hack headlines to settle?

Not financial advice. This is what the tracker saw, not a trade signal.

#WhaleAlert #Hyperliquid #BTC

Source: https://tradeassi.com/en/alerts