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A prominent BTC/ETH whale with a heavy position has been liquidated, exiting the market through a stop-loss. Their long position, held overnight, was worth nearly $50 million in nominal value.

4 hours ago

On October 28th, according to the monitoring of HyperInsight (accessible via https://t.me/HyperInsight), within the past 1 hour, a whale whose address begins with 0x960 closed its 15x leveraged long positions in BTC and ETH and exited the market. The whale closed the positions at $4,109 for ETH and $113,900 for BTC, resulting in a total loss of approximately $1.06 million. After the liquidation, the whale transferred the funds to a spot account to achieve breakeven. It is reported that within the past 16 hours, the address first deposited 3.72 million USDC into Hyperliquid. Subsequently, it opened a BTC long position with a nominal value of $27.7 million and an ETH long position with a nominal value of $20.3 million, both at 15x leverage.
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