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Trader SMb7ae made $11.5 million in a week, and 18 of its 20 open bets are shorts

SMb7ae is No. 5 on DeepSea's 7-day Smart Money board. Its open positions on Hyperliquid bet against bitcoin, HYPE, Starknet and 15 other tokens.

Illustration: LC Insight

Key points

  • SMb7ae, a Hyperliquid perpetual futures trader, shows +$11.48 million of 7-day profit on $42.08 million of assets, fifth on DeepSea's Smart Money board at 6:40 a.m. ET on November 9.
  • Of the 20 open positions DeepSea lists, 18 are shorts worth $37.97 million, with about $8.76 million of unrealized gains.
  • Its biggest is a $12.42 million bitcoin short at 40x leverage from about $76,800. CoinGecko had bitcoin at $74,556 at 6:41 a.m. ET.

What DeepSea's data shows

DeepSea's Smart Money board ranks wallets with strong trading records by 7-day profit. At about 6:40 a.m. ET on November 9, SMb7ae was fifth with +$11.48 million, behind SM6e36, SMc060, SMffa1 and SMad53. Its trader page lists $42.08 million of total assets, +$23.21 million over 30 days, +$5.60 million over 90 days and +$16.95 million over 180 days, on $329.53 million of 30-day volume.

The page lists 20 open perpetual futures positions (bets on price with borrowed money, no expiry date). Of those, 18 are shorts, which gain when prices fall. They add up to $37.97 million and show about $8.76 million of unrealized profit (gains not yet locked in).

The biggest: a $12.42 million bitcoin short at 40x leverage, opened at about $76,800, up $369,900. Next, a $7.66 million HYPE short at 10x from $89.53, up $1.68 million. The best performer is a $2.67 million Starknet (STRK) short from $0.0816, up $2.89 million. It is also short ZEC, ZRO, XPL, NEAR, FET and others, and holds a small ether short ($481,100 at 25x). The only two longs are USELESS ($141,400) and WLD ($120,900, down $79,100).

SMb7ae's open positions on DeepSea, led by a $12.42 million bitcoin short at 40x.
SMb7ae's open positions on DeepSea, led by a $12.42 million bitcoin short at 40x. Screenshot: DeepSea (desea.io), captured November 9, 2026, 6:47 AM ET.

Data: DeepSea (desea.io), checked November 9, 2026, 6:40 a.m. ET.

Checking the prices

CoinGecko showed bitcoin at $74,556 at 6:41 a.m. ET, 2.9% below the short's entry. HYPE was at $73.44, 18% below its entry, and STRK at $0.0391, 52% below. Those gaps match the gains DeepSea shows on each position.

The risk in the numbers

Each 1% rise in bitcoin would cost the $12.42 million short about $124,000. Bitcoin is only 2.9% below the entry, so the gain on that position is thin. At 40x leverage, the trader has put up only a small slice of the position's size as collateral, so a quick bounce could force it to add money or close.

Cartoon: a bar board of short bets led by bitcoin next to a down arrow, studied by the LC Insight mascot.
Illustration: LC Insight

LC Insight analysis

This section is our reading of the facts above, not a statement of fact.

  • We think SMb7ae's week came from betting on a broad fall across many coins. Most of its shorts are on smaller tokens, and the largest gains came from those, not from bitcoin.
  • The 90-day figure, +$5.60 million, is well below the 30-day +$23.21 million. That suggests losses between 30 and 90 days ago that the last month more than made back.
  • A 7-day ranking can change fast. A bounce in the shorted tokens would cut these gains.

What's next

  • Whether SMb7ae closes the 40x bitcoin short or adds to it
  • Whether it stays in DeepSea's 7-day top five
  • HYPE and STRK prices, where most of its unrealized gain sits

Disclaimer. This article is based on public information and the sources listed below as of the update time shown. It is for information only and is not investment, legal or tax advice. Figures may change as companies and authorities publish new data.

Sources

  1. DeepSea, Smart Money leaderboard, 7D (read November 9, 2026, 6:40 a.m. ET)
  2. DeepSea, trader page SMb7ae: PnL and open positions (read November 9, 2026, 6:40 a.m. ET)
  3. CoinGecko, Bitcoin (read November 9, 2026, 6:41 a.m. ET)
  4. CoinGecko, Hyperliquid (HYPE) (read November 9, 2026, 6:41 a.m. ET)
  5. CoinGecko, Starknet (STRK) (read November 9, 2026, 6:41 a.m. ET)