Educated guess on the mysterytrader's position on Binance

This is all on‑chain. You can see this wallet’s Hyperliquid positions on HypurrScan. He has made about $100M overall. I traced his USDC funding and two key “Deposit Binance” moments to make an educated guess about whether he staged fresh shorts on Oct 14. He also moved a significant chunk of BTC to 51 wallets today and sent another ~$40M to Binance yesterday, but I’m focusing on the first two deposits here for clarity.

I use five simple panels: BTCUSDT mark price; net taker notional (aggressive buys − sells); a minute‑by‑minute buy‑vs‑sell bar grid; open‑interest deltas (contracts and notional) to read position building or covering; and long/short ratios for global accounts and top traders. Red dashed lines mark the two Binance deposits. Use the sliders under the bar grid to zoom any slice. A quick read: taker sell up with contracts rising suggests opening shorts; taker buy up with contracts flat/down suggests covering. Ratios add context—not a standalone signal.

What to notice

  • Around the time he closed shorts on Hyperliquid (and in the few minutes after), open interest in contracts dipped while taker volume spiked. I read that as short covering by him and likely others.
  • Another read: he covered shorts on Binance (taker buy rising) and, with fresh funds, flipped or added longs. After the ~40M inflow, the buyer side jumps hard and open interest climbs as well.

Highlighted windows

  • Staging to Binance
    16:55 – 17:15 UTC
  • Cycle unwind
    18:04 – 18:24 UTC

Wallet transfers

View wallet on HypurrScan

  • Deposit Binance · 17:03 UTC
    17:03 UTC
  • Deposit Binance · 18:12 UTC
    18:12 UTC
BTCUSDT mark price - Line chart displaying USDT across UTC time for Mark price (USDT).

BTCUSDT mark price

Deposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
Mark price (USDT)
Net taker notional - Line chart displaying USDT millions across UTC time for Net taker notional (USDT millions).

Net taker notional

Deposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
Net taker notional (USDT millions)

Buy vs. sell notional (per minute)

16:00 UTC → 16:00 UTC
Buy notional · 16:00 · 24MSell notional · 16:00 · 42MDeposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
Buy notional
Sell notional
Start
End
Open interest notional change - Line chart displaying USDT millions across UTC time for OI value Δ (USDT millions).

Open interest notional change

Deposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
OI value Δ (USDT millions)
Open interest contracts change - Line chart displaying Contracts across UTC time for OI contracts Δ.

Open interest contracts change

Deposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
OI contracts Δ
Long/short ratios - Line chart displaying Long / Short across UTC time for All accounts long/short ratio, Top traders long/short ratio, Parity (1.0).

Long/short ratios

Deposit Binance · 17:03 UTCDeposit Binance · 18:12 UTC
All accounts long/short ratio
Top traders long/short ratio
Parity (1.0)