A major whale's BTC short position suffered the largest single liquidation across the network, with over $17.6 million cleared.
BlockBeats news, on December 26, according to monitoring by HyperInsight and Coinglass, due to a short-term 3% surge in BTC, the largest single liquidation across the network in the past 24 hours reached $14.14 million, which was a BTC short position on Hyperliquid by the address starting with 0xa8e. In the past hour, this address's 40x leveraged BTC short position was liquidated twice for large amounts, totaling approximately $17.63 million, with the largest single liquidation reaching 160 BTC, equivalent to about $14.14 million.
After fully closing the position, the address immediately opened another 40x leveraged BTC short position, with a position size of about $7.1 million, an average opening price of $89,040, and a liquidation price of $89,820.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cryptocurrency prices retreat to the downward trend of the US stock trading session
$80 million worth of cryptocurrency long positions liquidated in the past hour
Trump Advisor David Sacks Discusses Bitcoin and Crypto Market Structure with Lawmakers
