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 (accessible via https://t.me/HyperInsight and monitored by Coinglass), at 22:00 yesterday, BTC witnessed a rapid surge of 2% and reached $96,100 within a span of 5 minutes. The largest BTC short whale on Hyperliquid, with a holding amount of over $120 million, was liquidated multiple times. The largest liquidation was approximately $96.51 million, which marked the largest single liquidation across the network. At that time, the address had an average holding price of $95,270, and the liquidation price was around $96,000. Its short positions in XRP and ZEC 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 The account value dropped from a high of $6.57 million yesterday to $1.47 million, and all funds were subsequently withdrawn.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, it 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. On November 6, they transferred $7 million to Hyperliquid and experienced both losses and gains. They had previously made a large bet on shorting BTC, resulting in a loss of $6.89 million. Later, they engaged in day trading of BTC, ETH, and XRP and made a small profit. However, this time they suffered significant losses again.