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Home News Within 1 hour, 23% of the entire BTC network was liquidated in a single whale transaction: A $13.5 million long position was liquidated, marking the largest liquidation in a single day

Within 1 hour, 23% of the entire BTC network was liquidated in a single whale transaction: A $13.5 million long position was liquidated, marking the largest liquidation in a single day

Within 1 hour, 23% of the entire BTC network was liquidated in a single whale transaction: A $13.5 million long position was liquidated, marking the largest liquidation in a single day

BlockBeats News, March 19th, according to Hyperinsight monitoring, affected by BTC briefly falling below $70,000, the low point once touched $69,400. In the past 1 hour, the total BTC liquidation amount on the entire network was about $58.2 million, with long positions accounting for nearly 99%, and the Hyperliquid platform accounting for 48.43% of the total network liquidation.

The monitoring shows that in the BTC liquidation amount in the past 1 hour, over 23% came from a whale starting with 0x9bb on Hyperliquid. When BTC dropped to around $70,000, this address suffered two consecutive long position liquidations, totaling 192.4 BTC, approximately $13.5 million. The scale of a single liquidation reached $10.8 million, becoming the largest single liquidation in the entire network in nearly 24 hours.

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