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.
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