A major whale suffered the largest single liquidation across the network by shorting BTC, resulting in over $17.6 million in liquidations.

A major whale suffered the largest single liquidation across the network by shorting BTC, resulting in over $17.6 million in liquidations.

2025-12-26 11:55View Original

ChainThink News, December 26: According to monitoring by HyperInsight and Coinglass, triggered by a short-term 3% spike in BTC price, the largest single liquidation across the entire network in the past 24 hours reached $14.14 million, originating from a BTC long position on Hyperliquid with an address starting with 0xa8e. Within the past hour, this address suffered two major liquidations on its 40x leveraged BTC long positions, collectively amounting to approximately $17.63 million, including a single largest liquidation of 160 BTC, equivalent to around $14.14 million.


After being fully liquidated, the address immediately re-established a BTC short position at 40x leverage, with a position size of approximately $7.1 million, entry price at $89,040, and liquidation price set at $89,820.

Disclaimer: Contains third-party opinions, does not constitute financial advice

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