A major whale's HYPE long position triggered the largest single liquidation across the network, with a total liquidation amount exceeding $26 million.
BlockBeats News, December 18, according to HyperInsight and CoinGlass monitoring, the largest single liquidation across the network in the past 24 hours reached $11.08 million, which was a HYPE long position from the address starting with 0xbad on Hyperliquid. This address's HYPE long position was liquidated three times in large amounts this morning, totaling approximately $26.3 million, with a recorded loss of $8.0029 million. Its next liquidation price is currently at $23.6, with a current position size of about $26.81 million, an average price of $31.2, and an unrealized loss of $7.7 million (-143.6%).
In addition, the current largest HYPE long holder is the whale known as "Long-term Bullish on HYPE," with an unrealized loss of $19.77 million (-294%), a position size of about $33.61 million, an average price of $38.6, and a liquidation price of $20.65. This address previously opened a large long position on October 23 before Robinhood announced the launch of HYPE spot trading.
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.
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