Last Friday, a BTC whale with a $33 million long position was liquidated, marking the largest single liquidation across the entire network, only to buy the dip again.
BlockBeats News, January 19th, according to HyperInsight and Coinglass monitoring, this morning's BTC experienced a short-term drop of over 3.5%. The whale address at the beginning of Hyperliquid encountered multiple large-scale liquidations. The largest liquidation was $25.83 million, which is the largest single liquidation in nearly 24 hours across the network.
The whale started last Friday (the 16th), transferring to Hyperliquid on-chain and continuously selling ETH spot, while opening a 40x leveraged BTC long position at around $95,600 and consistently adding to the position. Its BTC long position once reached 350 coins, with a scale of about $33.46 million. Despite continuing to transfer and sell ETH during today's drop to try to reduce the liquidation price, its BTC long position was still fully liquidated, resulting in a cumulative loss of about $1.1 million.
After the liquidation, the address once again transferred approximately 169 ETH spot to the platform and sold, then reopened a leveraged BTC long position at 40x. The new position size reached $38.7 million, with an average price of around $92,600 and a liquidation price set at $91,400. Currently, the whale has become the third-largest long position holder of BTC on Hyperliquid.
You may also like

Business Opportunities of Tokenized Stocks

In-depth research report on the Resolv protocol hacking incident, who is the final payer?

Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…

Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…

Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…

Exchanging 200,000 for nearly 100 million, DeFi stablecoins face another attack

The underlying business agreement of the trillion-dollar Agent economy: Understanding ERC-8183, it's not just about payments, but the future

When Wall Street's ETH begins to "yield": Looking at the asset properties of Ethereum from BlackRock's ETHB

The Power of Agency: The Agentic Wallet and the Next Decade of Wallets

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations
Business Opportunities of Tokenized Stocks
In-depth research report on the Resolv protocol hacking incident, who is the final payer?
Crypto Market Sees Large Liquidations: $272 Million in Long Positions Affected
Key Takeaways In the last 24 hours, $272 million worth of contracts were liquidated across the entire crypto…
Whale Increases BTC Shorts and Bets on Crude Oil: A Strategic Crypto Move
Key Takeaways A prominent whale, known as “UnRektCapital,” has strategically escalated its short position in Bitcoin while simultaneously…
Hackers in Brazil Use Fake Google Play Store to Steal Cryptocurrency
Key Takeaways Hackers in Brazil are exploiting fake Google Play Store pages to spread Android malware. Infected devices…