Within one minute of the price spike, five Hyperliquid accounts were liquidated, with losses exceeding ten million US dollars.

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According to TechFlow TechFlow, on November 21st, on-chain analyst Ai Yi (@ai9684xtpa) monitored a sharp drop, with BTC falling to $82,000 and ETH falling to $2,669. Coinglass data showed that in that minute, five accounts with liquidations exceeding $10 million were liquidated, all holding positions on Hyperliquid, with the largest reaching $36.78 million.

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