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 The account value dropped from a high of $6.57 million yesterday to $1.47 million, and all funds were subsequently withdrawn.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.
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