Hyperliquid Ecosystem On-chain Data Monitoring Tool

In the ever-emerging ecosystem of the blockchain field, Hyperliquid has attracted the attention of many users with its efficient on-chain trading and unique auction mechanism. As the Layer 1 block explorer on Hyperliquid, HypurrScan provides users with comprehensive and real-time on-chain data, becoming an important tool for gaining insights into the movements of market whales.

Introduction to HypurrScan

HypurrScan is a blockchain explorer designed specifically for the Hyperliquid ecosystem. Users can view all on-chain data on Hyperliquid in real-time, including Dutch auctions, TWAP orders, token deployments, and the flow of funds between addresses. Compared to the official resource explorer, HypurrScan provides more intuitive and comprehensive information, helping users better grasp market trends and hot data.

In addition to basic functions, HypurrScan also supports withdrawal transactions and has added an Arbitrum withdrawal path. In the future, it plans to introduce several features such as open limit orders and real-time token pages to provide a more comprehensive on-chain monitoring experience.

Whale Movements Attract Market Attention

Recently, a large investor who used 50x leverage to long BTC and ETH on Hyperliquid has sparked widespread discussion in the crypto community. This investor, known as the "human printing machine," made a profit of 6.83 million dollars within 24 hours. Subsequently, before the US stock market opened, the investor opened a BTC short position worth 13.45 million dollars.

Such large-scale capital flows not only reflect institutional players' judgment on market trends but also provide ordinary users with signals to capture market opportunities. Through HypurrScan, users can track similar abnormal trading behaviors in real-time and make more precise investment decisions by combining market information.

How to Use HypurrScan to Track Whale Movements

1. Visit the HypurrScan official website to access the intuitive dashboard page and view on-chain real-time data.

2. Use the search function to input the transaction hash, token address, or wallet address to filter large transaction records and identify potential "whale" addresses.

3. In the "Trading" tab, pay attention to auction transactions, TWAP orders, and fund transfer situations. Pay special attention to large USDC deposits or other unusual transactions, and track the subsequent movements of the relevant addresses.

4. When confirming that a certain whale address is actively accumulating or participating in auctions, consider following with a small amount on the corresponding platform. It is recommended to start with a small amount to test the waters and verify the effectiveness of the strategy before gradually increasing the position to reduce risk.

5. Regularly utilize the real-time data updates from HypurrScan to review and analyze the trading records of whales. Remember, while following trades can capture market opportunities, risk management is equally important. It is advisable to make reasonable judgments based on individual risk tolerance.

Conclusion

In the cryptocurrency market, information is the key factor that determines success or failure. HypurrScan, as an on-chain data monitoring tool within the Hyperliquid ecosystem, provides users with a powerful weapon to track whale movements. It refines the granularity of on-chain data to the millisecond level, allowing every investor to start from the same starting line.

Whether you are a beginner or an experienced player, you can use HypurrScan to gain insights into on-chain changes, track large holder operations, and seize market opportunities. However, while following the operations of large holders, it is still crucial to maintain rational investment and focus on risk management.

With HypurrScan, users can not only clearly see every large on-chain transaction but also gain investment insights to embark on a more professional investment journey. We hope this information helps you better understand and utilize HypurrScan to discover your own investment opportunities within the Hyperliquid ecosystem. But always remember: trading involves risks, and investment should be approached with caution.