Hyperliquid contract positions decreased by $1.5 billion since the beginning of the month, with some traders withdrawing or liquidating to wait and see

According to Defilama data, the open contract volume on Hyperliquid has decreased by approximately $1.53 billion since November, with some previously active traders and whale addresses liquidating or withdrawing to wait and see, as shown by Coinbob's popular address monitoring. Notable actions include a whale with a 100% win rate liquidating on November 10, with the last order being a ZEC short, resulting in a monthly loss of $31.8 million and the remaining funds buying SOL spot. BTC OG insider whale liquidated on November 11, with the last order being an ETH long, and $41.2 million has been withdrawn to the Binance trading platform. Additionally, according to HyperInsight monitoring, a whale who bravely went long on ETH after the 1011 flash crash liquidated on November 5, with the last order being an ETH long, resulting in a monthly loss of $15.11 million and $2.17 million withdrawn to the Binance trading platform. Other actions include popular coin trader (0xfc8) going short on November 3, leaving $7.55 million in the account with the last orders being VIRTUAL and SOL longs; Gen Z trader 0xray liquidating on November 11, leaving $2.68 million in the account with the last order being an ETH short; KOL, leader of the whale hunting operation, liquidating on November 6, with the last order being an XPL long and $2.2 million remaining in the account; former TRUMP top holder whale liquidating on November 4, with the last order being a SOL short and funds withdrawn to the OKX trading platform; and Andrew Kang's associated address liquidating on November 3, with the last order being a VIRTUAL long.

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