Hyperliquid’s 50x leveraged whale actively liquidated long orders, causing a $306 million position to be liquidated
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Odaily reported that according to on-chain analyst @ai_9684xtpa, a 50x leveraged whale on Hyperliquid has been liquidated after withdrawing most of their principal and profits. A long position of 160,234.18 ETH, worth $306 million, was liquidated. The details are: the whale first withdrew most of their principal and profits, compressing the liquidation price. Their 160,234.18 ETH ($306 million) long position was taken over and liquidated by the Hyperliquid (HLP) system at $1,915. 8 million USDC has been withdrawn back to the Arbitrum network.
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