Yesterday, the largest BTC short position was accurately liquidated, resulting in a $97 million loss, marking the largest single liquidation across the entire network.
According to HyperInsight and Coinglass monitoring, at 22:00 yesterday, BTC rapidly surged by 2% to $96,100 within 5 minutes. The largest BTC short whale on Hyperliquid holding over $120 million was liquidated multiple times, with the largest liquidation being around $96.51 million, marking the largest single liquidation across the network.
The address had an average holding price of $95,270 at the time, with a liquidation price of around $96,000. Its XRP and ZEC short positions were simultaneously liquidated, resulting in a total loss of approximately $2.97 million. The account value dropped from a high of $6.57 million yesterday to $1.47 million, and all funds were subsequently withdrawn.
In the past 9 hours, the address deposited around $1.7 million into Hyperliquid again, then opened another 10x leverage ZEC short position with an average price of $666 and a liquidation price of $683. The current unrealized profit is $1.4 million (74%).
This address belongs to a well-known player on Roobet and Stake.com, who transferred $7 million to Hyperliquid on November 6, experiencing losses and gains. They had previously gone all-in on shorting BTC, resulting in a loss of $6.89 million. They later day-traded BTC, ETH, and XRP for a small profit, only to incur substantial losses again this time.
You may also like

AI Agent needs Crypto, not Crypto needs AI

Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments

Web3 teams should stop wasting marketing budgets on the X platform

Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other

Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other

Key Market Intel on March 12th, how much did you miss out on?

The new center of Crypto

Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto

Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?

After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened

Why Does Everyone Hate AI?

Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX

What are the chances of a 5X MOONSHOT for HYPE?

Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.

Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.

Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…

Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…

Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…