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Home News A Whale’s BTC Short Position Liquidation Sets Record for Largest Single Liquidation across the Network, Totaling over $17.6 Million

A Whale's BTC Short Position Liquidation Sets Record for Largest Single Liquidation across the Network, Totaling over $17.6 Million

A Whale’s BTC Short Position Liquidation Sets Record for Largest Single Liquidation across the Network, Totaling over $17.6 Million

BlockBeats News, December 26th, according to HyperInsight and Coinglass monitoring, impacted by a 3% short-term BTC price surge, the largest single liquidation in the past 24 hours across the network reached $14.14 million, belonging to a BTC short position with an address starting with 0xa8e on Hyperliquid. In the past hour, this address’s 40x leveraged BTC short position experienced two large liquidations, totaling approximately $17.63 million, with the largest liquidation involving 160 BTC, equivalent to around $14.14 million.

After a full liquidation, the address promptly opened another 40x leveraged BTC short position, with a position size of about $7.1 million, entry price of $88,040, and liquidation price of $89,820.

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