A certain whale's LONG position hype triggered the largest single liquidation across the entire network, with a total liquidation scale exceeding $26 million.

December 18th — Monitoring from HyperInsight (via its Telegram channel) and CoinGlass shows the largest single liquidation event in the past 24 hours hit $11.08 million, stemming from a HYPE long position held by an address starting with 0xbad on Hyperliquid. This address saw three major liquidations this morning totaling approximately $26.3 million, for a total loss of $8.0029 million. As of now, its next liquidation price is $23.6, with a position size of roughly $26.81 million, an average entry price of $31.2, and an unrealized loss of $7.7 million (-143.6%). Additionally, the largest HYPE long position is held by a “HYPE Bull” whale. This whale has an unrealized loss of $19.77 million (-294%), a position size of around $33.61 million, an average entry price of $38.6, and a liquidation price of $20.65. The address previously established a large long position ahead of Robinhood’s October 23rd announcement that it would launch HYPE spot trading.