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Hyperliquid's largest single liquidation event of a whale shorting $14.7 million has now reversed long to chase the price up

2 hours ago

February 25 – Per data from Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN), a whale address (0x93) that opened a BTC short position at 6 PM ET last night was hit with two consecutive large liquidations at 9 AM ET this morning, triggered by a short-term surge in BTC prices. Total liquidated volume reached 225 BTC, equivalent to roughly $14.7 million. Notably, one single liquidation was nearly $13 million—marking the largest single liquidation on Hyperliquid that day. Subsequently, the whale reversed its position, opening a 40x leveraged long position with remaining funds. The position is valued at $11.48 million, with an average entry price of $65,500, as the whale shifted to chasing the ongoing price rally.
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