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The largest single liquidation across the entire network amounted to $13.8 million, and it belonged to a certain whale that had previously been liquidated during a short squeeze.

2026.02.12 11:10:12

**February 12 Update** Data from Coinbob Popular Address Monitoring and CoinGlass shows total BTC liquidations across the network hit ~$196 million in the past 24 hours, driven by this morning’s BTC price swings—triggering both long and short liquidations. Among these, a whale address starting with 0x5dc2 on the Hyperliquid platform was liquidated for $11.86 million in a single transaction, marking the largest single liquidation in this cycle. Monitoring reveals the whale’s BTC short position has been liquidated twice, totaling ~219 BTC (valued at ~$13.82 million). The address was previously liquidated and exited the market on February 9 with a $14.49 million liquidation; this is its second liquidation since re-entering. The whale did not stop there. As of press time, it has reopened a 40x-leveraged BTC short position with a size of ~$14.55 million, entry price of $67,860, and liquidation price of $68,690. (Source: Coinbob Popular Address Monitoring)
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