"Commander of the Air Force" once again recorded 83 million in total network TOP 1 liquidation, then reversed and opened a $49 million BTC long position.

BTC-0,67%
ETH0,38%

BlockBeats News, January 28 — According to monitoring by HyperInsight and Coinglass, due to the rapid short-term rise of BTC and ETH starting at 4 a.m. today, the proportion of liquidated short positions on the Hyperliquid platform in the past 24 hours for both cryptocurrencies has exceeded 80%, accounting for 55% and 32% of the total liquidations network-wide, respectively.

Among them, the largest single liquidation across the entire network in the past 24 hours was again inflicted on the “Air Force Commander” whale (0xd83…) at 4:09 a.m. today. The specific details are as follows:

40x BTC short: a total of 2,534 BTC were liquidated, approximately $22.55 million. The largest single liquidation occurred at about $88,600, with an amount of $13.25 million, making it the largest single liquidation in the past 24 hours.

25x ETH short: approximately 19,880 ETH were liquidated during the same period, roughly $56.94 million. The largest single liquidation occurred at about $2,989, with an amount of $11.35 million.

After liquidation, this address quickly shifted its position, opening a 40x leveraged long position on BTC, with a position size of $49 million, an average entry price of $89,400, and a liquidation price of $88,290. Currently, the total position size of this account has decreased from $110 million yesterday to $49 million.

This address has long been the largest short position holder across multiple cryptocurrencies, with total holdings once approaching $500 million, and has rolled over positions multiple times. However, it has recently experienced large-scale liquidations, including approximately $199 million on January 22 and about $120 million on January 26.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain

VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin. Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications. The crypto journey of Sunny

CryptoNewsFlash26m ago
Comment
0/400
No comments