Today, the overall TOP 1 liquidation in a single trade set a new record, with the "Air Force Commander" of liquidations facing a $40 million double liquidation.

**Bitcoin Whale (0xd83) Faces $31.6M Liquidation Amid BTC Dip Below $88k** January 29 — Per Coinbob Popular Address Monitoring and Coinglass data, Bitcoin (BTC) briefly slipped below $88,000 early Wednesday, shedding ~2.8% from its intraday high. On the Hyperliquid exchange, the whale address **0xd83** (dubbed the "Air Force Commander") faced multiple liquidations — with its largest single wipeout totaling ~$31.64 million, marking the biggest liquidation across all networks in the past 24 hours. In the last two hours alone, the address was liquidated on **89.7 BTC and 359 BTC long positions**, totaling ~$39.4 million. Its 40x-leveraged BTC long position has now been fully liquidated, leaving just ~$350,000 in remaining account balance. Earlier today (pre-dawn), the same address saw a $22.37 million liquidation on 252 BTC long positions — which was then the network’s largest single liquidation before Wednesday’s $31.6M wipeout. Post-liquidation, the whale used its remaining $350k to open a **25x-leveraged Ethereum (ETH) short position** with a size of ~$8.9 million. Its liquidation price is set at $3,003. Context: The address was previously the largest short seller of BTC, ETH, and other assets, holding a total position of nearly $500 million. Recent liquidations include: - ~$199 million on January 22 - ~$120 million on January 26 - ~$83 million on January 28 After switching to long positions, it faced ~$61 million in long liquidations on Wednesday.