A major ETH bearish whale was liquidated in a series of liquidations and exited the market, nearly clearing a $31 million position.

2026-03-04 10:05:11

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Mars Finance News: On March 4th, according to Hyperliquid monitoring, influenced by a short-term surge of over 5% in ETH prices, the whale position starting with address 0xa5e4 on Hyperliquid was liquidated in a chain reaction. The account balance temporarily dropped to only $170,000, and the remaining funds have now been fully withdrawn. The total loss from this liquidation exceeded $1.5 million, with a liquidation scale of nearly $30 million. The address had transferred approximately $1.7 million in principal to Hyperliquid 18 hours earlier, then opened a short position on ETH at an average price of $1,940, with a peak position size reaching $31 million.

ETH7.33%

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