BlockBeats News, January 22 — According to monitoring by HyperInsight and Coinglass, market volatility was intense last night and this morning. Influenced by Bitcoin’s brief 2.3% surge and nearly 5% increase in ETH early this morning at 3 AM, multiple cryptocurrencies on Hyperliquid experienced large-scale liquidations of the biggest short whale “Air Force Commander” (0xd83), totaling $199 million. The largest single liquidation was $40.22 million, the biggest single liquidation in the network within the past 24 hours.
This address previously significantly rolled over short positions in ETH, XRP, and other tokens, with total holdings approaching $500 million, and simultaneously became the largest short position holder on-chain for BTC, ETH, PEPE, XRP, and other tokens. Due to its full-margin shared collateral mode, related operations caused the liquidation prices of multiple tokens to be significantly lowered. Around 3:30 AM this morning, this address experienced dozens of liquidations across five different tokens.
In the past few hours, this whale has added to its short positions in multiple tokens again. Its specific liquidation and position information are as follows:
BTC Short: Liquidation of 400 BTC, approximately $36.04 million, current position size about $145 million, liquidation price $91,000;
ETH Short: Largest single liquidation of 13,288 ETH, totaling 40,640 ETH, approximately $123 million, current position size about $96.1 million, liquidation price $3,073;
PEPE Short: Liquidation of approximately $7.41 million; current position size about $13.3 million, liquidation price $0.00579;
XRP Short: Liquidation of 1,488 million XRP, approximately $29.07 million, fully liquidated;
HYPE Short: Liquidation of 185,700 HYPE, approximately $4.01 million; current position size about $13.11 million, liquidation price $24.64;
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